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Posted By Kim Fiene,
Wednesday, November 26, 2025
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Happy Wednesday! In this week’s Big I Buzz: the top U.S. airports for flight delays this holiday season, and changes coming to Wisconsin liquor laws.
The 5 Worst Airports for On-Time Flights this Holiday Season AAA projects that 81.8 million people will travel at least 50 miles from home during the Thanksgiving period, from Tuesday, Nov. 25, through Monday, Dec. 1. This year’s domestic travel forecast includes 1.6 million more travelers than last year, setting a new record.
Weather challenges, heavy passenger volumes, and congested airspace are all contributing to expected delays as airports prepare for record-breaking crowds. According to Transfeero, these airports have the worst on-time performance heading into the holiday season: - Dallas Fort Worth International Airport (DFW)
- Newark Liberty International Airport (EWR)
- San Diego International Airport (SAN)
- Hartsfield-Jackson Atlanta International Airport (ATL)
- George Bush Intercontinental Airport, Houston (IAH)
Read more here. Horse Out of the Barn on Toughened Wisconsin Liquor Laws New liquor licensing requirements in Wisconsin will soon apply to all venues—including wedding barns—after a judge dismissed a challenge to the state’s major 2023 alcohol law overhaul. The lawsuit claimed the changes unconstitutionally targeted wedding barn businesses, but the judge sided with regulators, noting the state’s responsibility to prevent excessive drinking.
Beginning in 2026, barn owners must obtain either a traditional liquor license or a special permit allowing beer and wine service up to six times a year, according to Wisconsin Public Radio. Previously, wedding barns operated without these restrictions. Read more here. For more news, check out the Action News section of our weekly e-newsletter, Big I Buzz. If you aren’t subscribed, click here to join our emailing list.
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Posted By Kim Fiene,
Wednesday, November 19, 2025
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Happy Wednesday! In this week’s Big I Buzz: Wisconsin lawmakers consider updates to the state’s workers’ compensation system, and a new research institute—developed in partnership with UW–Madison—will take a deeper look at severe convective storms.
Wisconsin Lawmakers Weigh Workers' Comp Overhaul Wisconsin lawmakers are reviewing Assembly Bill 651, which proposes several updates to the state’s workers’ compensation system. Key provisions include increasing the maximum weekly compensation for permanent partial disability and revising guidelines for compromise claim agreements and statute of limitations rules.
The bill reflects a consensus reached by the Wisconsin Workers’ Compensation Advisory Council, which provides recommendations to legislators and the Department of Workforce Development. Read more here.
New Institute to Study Severe Convective Storms A new insurance research center—the Center for Interdisciplinary Research on Convective Storms (CIRCS)—has launched at Northern Illinois University in partnership with the University of Wisconsin–Madison. CIRCS aims to advance the understanding of severe convective storms, which are among the leading causes of costly insurance claims.
The center will focus on research that supports improved resilience, helping communities better withstand the impacts of convective storms. Approximately two dozen scientists from atmospheric science, engineering, geography, physics, computer science, actuarial science, and risk and insurance will contribute to its work. Read more here.
For more news, check out the Action News section of our weekly e-newsletter, Big I Buzz. If you aren’t subscribed, click here to join our emailing list.
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Posted By Kim Fiene,
Wednesday, November 12, 2025
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Happy Wednesday! In this week’s Big I Buzz: thousands of Wisconsinites could lose Obamacare coverage if federal subsidies expire, and new data shows more Americans are moving away from flood-prone areas.
Up to 60,000 Wisconsinites Could Lose Obamacare Coverage if Subsidies Expire Between 40,000 and 60,000 Wisconsinites who purchase health insurance through the Affordable Care Act could lose their coverage if Congress fails to extend subsidies that lower plan costs, according to Wisconsin Insurance Commissioner Nathan Houdek. The subsidies have driven record-high enrollment in Wisconsin’s ACA marketplace this year, with roughly 300,000 residents signing up for coverage. If the enhanced subsidies expire at the end of the year, those gains could be reversed. Read more here.
Americans Are Moving Out of Flood-Prone Neighborhoods For the first time since 2019, U.S. counties at the highest risk of flooding saw more residents moving out than in — about 30,000 more people left than arrived, according to a new Redfin report.
The trend marks a shift from the pandemic years, when remote workers flocked to coastal and Sun Belt regions. Despite the outflow, some of those high-risk counties still experienced overall population growth due to strong immigration from abroad.
Of the 310 counties identified as high flood risk, 132 saw net population losses while 178 saw gains — but the number of people leaving outpaced those arriving. Read more here.
For more news, check out the Action News section of our weekly e-newsletter, Big I Buzz. If you aren’t subscribed, click here to join our emailing list.
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Posted By Kim Fiene,
Wednesday, November 5, 2025
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Happy Wednesday! In this week’s Big I Buzz: ACA premiums show signs of long-term stability, and Wisconsin’s ginseng industry faces mounting pressures.
ACA Premiums Stabilize, Nearly Mirroring Employer-Sponsored Coverage Costs Premiums for Affordable Care Act (ACA) individual-market plans have leveled off after years of fluctuation and are now approaching cost levels similar to employer-sponsored coverage. This shift reflects a narrowing gap that once existed due to higher risk pools and limited enrollment in the individual market. Analysts note that average per-member premiums in the individual market are now nearly on par with those in fully insured employer plans—an important trend to watch when advising clients on coverage options. Read more here.
China Trade Spat Threatens Wisconsin’s ‘Napa Valley’ of Ginseng Nearly all U.S. ginseng is grown in Marathon County, Wisconsin—often referred to as the “Napa Valley of Ginseng” due to its ideal soil and climate. Most of the harvest is dried and exported to China, where Wisconsin ginseng is prized for its quality. However, worsening U.S.-China trade tensions, a slowing Chinese economy, and competition from lower-cost Canadian producers are straining the industry. Once home to roughly 1,400 growers, the state now has fewer than 70, as rising input costs and unstable export markets make production increasingly difficult. Read more here.
For more news, check out the Action News section of our weekly e-newsletter, Big I Buzz. If you aren’t subscribed, click here to add your email to our emailing list.
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Posted By Kim Fiene,
Wednesday, October 29, 2025
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Happy Wednesday! In this week’s Big I Buzz: The Illinois Department of Insurance requests policyholder relief during the federal government shutdown, and the top automobiles for customer satisfaction in 2025 are revealed.
Illinois Department of Insurance Asks Insurers for Policyholder Relief During Shutdown The Illinois Department of Insurance (IDOI) is urging insurers to provide relief to policyholders affected by the ongoing federal government shutdown to ensure they do not lose insurance coverage.
The department noted that more than 153,000 Illinois residents employed by the federal government have been impacted since the lapse in federal appropriations began on October 1. To support these consumers, IDOI is asking insurers to consider measures such as temporary moratoriums on cancellations and extensions for payment or repair timeframes. Read more here.
Top Automobiles for Customer Satisfaction in 2025 Driver satisfaction with the auto industry has dipped slightly in 2025, according to the American Customer Satisfaction Index (ACSI). Longer loan terms have increased consumer focus on vehicle reliability and dependability, as many drivers continue making payments beyond their warranty periods.
According to ACSI, Subaru, Mazda, and Toyota ranked highest among automakers for customer satisfaction this year. See the full list and read more here.
For more news, check out the Action News section of our weekly e-newsletter, Big I Buzz. If you aren’t subscribed, click here to add your email to our emailing list.
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Posted By Kim Fiene,
Wednesday, October 22, 2025
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Happy Wednesday! In this week’s Big I Buzz: understanding bank requests for additional insured status, and what to expect from the upcoming winter forecast.
Understanding Bank Requests for Additional Insured Status In this two-part series, a risk expert breaks down a common yet often misunderstood request from banks in commercial lending — asking borrowers to name the lender as an “Additional Insured” on their general liability policy.
Read Part 1: Banks Should NOT Be Asking for Additional Insured Status Read Part 2: Banks Improperly Requesting Additional Insured Status
Farmers' Almanac Winter Forecast for 2025-2026: A Long Season of Cold, Snow Across US The 2025–2026 winter may not be as extreme as last year’s record-setting cold, but expect plenty of snow and frigid temperatures. According to the newly released Farmers’ Almanac Winter Forecast, much of the country will see a “Chill, Snow, Repeat” pattern throughout the season.
While the upcoming winter may not bring a repeat of last year's prolonged bone-chilling cold, the Almanac warns that “this winter’s shaping up to be a wild ride.” Read more here.
For more news, check out the Action News section of our weekly e-newsletter, Big I Buzz. If you aren’t subscribed, click here to add your email to our emailing list.
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Posted By Kim Fiene,
Wednesday, October 15, 2025
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Happy Wednesday! In this week’s Big I Buzz: a Wisconsin contractor is fined for acting as a public adjuster, and climate risk remains a growing concern across the insurance industry.
Wisconsin Contractor Fined for Acting as a Public Adjuster Wisconsin Insurance Commissioner Nathan Houdek issued a final decision imposing $6,000 in civil forfeitures after determining that a contractor acted as a public adjuster under Wisconsin law. This subjected the contractor to the standards outlined in Wis. Stat. ch. 629, which he violated through prohibited and fraudulent practices.
The contractor’s business model combined home repair services with “claim assistance” through assignments of benefits, which violated state law. Under Wis. Stat. § 629.10(3), individuals acting as public adjusters cannot have a financial interest in the subject of a claim beyond the compensation established in their contract. Read more here.
Most Insurance Execs Fear the Industry Isn’t Ready for Climate Risk A new study from ZestyAI found that the insurance industry remains unprepared for climate-driven risks, even as natural disasters become more frequent, severe, and costly. According to the report, 61% of insurance executives believe the industry is not adapting quickly enough to climate-related threats.
Many insurers continue to rely on traditional actuarial and stochastic models, which were built for more stable conditions and fail to reflect today’s complex, property-specific loss patterns. ZestyAI’s leadership emphasized that the industry must evolve its risk modeling to match the realities of a changing climate and that AI-driven, property-level models can provide more accurate insights, improve transparency, and help all stakeholders strengthen resilience. Read more here.
For more news, check out the Action News section of our weekly e-newsletter, Big I Buzz. If you aren’t subscribed, click here to add your email to our emailing list.
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Posted By Kim Fiene,
Wednesday, October 8, 2025
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Happy Wednesday! In this week’s Big I Buzz: an update on claims processing timelines from Wisconsin OCI, and a look at how wealthy consumers are shaping the auto insurance market.
Wisconsin OCI Bulletin: Claim Processing Timelines The Wisconsin Office of the Commissioner of Insurance recently issued a bulletin to property and casualty insurers and Interested parties to remind insurers of the 30-day time to process claims.
Timely claims handling is critical, as it helps consumers meet important deadlines for FEMA funding eligibility. Read the bulletin here.
Wealthy Consumers Drive the Auto Insurance Market in 2025 A new study from The Zebra reveals that affluent consumers are fueling the auto insurance market through increased spending and luxury vehicle ownership. Since 2020, insurance shopping for top luxury cars has surged 116%, while luxury insurance rates have climbed 56% over the past five years—compared to 41% for non-luxury vehicles.
According to the study, the top 10% of spenders now account for a disproportionate share of the industry’s overall growth. Read more here.
For more news, check out the Action News section of our weekly e-newsletter, Big I Buzz. If you aren’t subscribed, click here to add your email to our emailing list.
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Posted By Kim Fiene,
Wednesday, October 1, 2025
Updated: Monday, October 6, 2025
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Happy Wednesday! In this week’s Big I Buzz: How the government shutdown could impact insurers.
Lengthy Government Shutdown to Impact Insurers, Says AM Best As the government shutdown begins, AM Best warns of potential ripple effects across the insurance industry. The extent of disruption will depend on how long the shutdown lasts—previous shutdowns have generally been brief, with the longest in recent history (December 2018) lasting 34 days.
A prolonged shutdown could directly and indirectly affect insurers as consumers and businesses adjust spending and investment decisions. Possible impacts include reduced government spending, disruptions in social services, and volatility in financial markets.
Additionally, the National Flood Insurance Program (NFIP), administered by FEMA, expired on Sept. 30. Without reauthorization, FEMA will be unable to issue new flood policies. Read more here.
For more news, check out the Action News section of our weekly e-newsletter, Big I Buzz. If you aren’t subscribed, click here to add your email to our emailing list.
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Posted By Kim Fiene,
Wednesday, September 24, 2025
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Happy Wednesday! In this week’s Big I Buzz: extreme weather climbs to the top of business risk concerns, and Gen Z workers see AI as a career co-pilot.
Extreme Weather Emerges as Top Business Risk Extreme weather has quickly risen to the forefront of business risk. The number of U.S. disasters costing over $1 billion has more than tripled—from an annual average of 7.2 (1980–2019) to about 23 per year between 2020 and 2024, according to Gartner.
Organizations are being pushed to rethink risk management strategies. It’s no longer enough to focus solely on physical damages such as flooding, storms, and wildfires. Businesses must also address transitional risks like changing regulations, evolving consumer expectations, and long-term climate exposure.
Enterprise Risk Management leaders are now tasked with building greater visibility into vulnerabilities, strengthening organizational agility, and embedding resilience throughout operations and supply chains. With insurance costs rising and coverage becoming more limited in high-risk regions, defining clear risk ownership within companies is becoming essential for sustaining business continuity. Read more here.
Gen Z Insurance Workers Want AI on the Job A recent survey by Counterpart and Young Risk Professionals shows that Gen Z insurance workers largely welcome AI as a tool for career growth rather than a threat. Over half say AI poses no risk to their jobs, and 69% believe it will improve their workflow. At the same time, 45% point to slow technology adoption as a major challenge within the industry.
While AI is reshaping industries across the economy, the insurance sector has lagged in keeping pace. As the industry works to catch up, young professionals have an opportunity to position themselves as future leaders by leveraging AI expertise—an advantage that may outweigh traditional tenure. Looking ahead, companies that embrace innovation are likely to attract both top talent and future clients, while those that delay risk falling behind. Read more here.
For more news, check out the Action News section of our weekly e-newsletter, Big I Buzz. If you aren’t subscribed, click here to add your email to our emailing list.
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