Crop insurance was once a sector full of smaller players, but a mergers-and-acquisitions (M&A)-driven push for efficiency and scale has left it dominated by fewer and larger carriers, and analysts at Conning predict a continuation of the trend. “We expect …
Even the workplace has to adapt to the warming world. As climate change creates more intense storms, companies have started preparing for work disruptions due to extreme weather. In a sign of the times, Fog Creek, a software company based …
The Alabama Department of Insurance has launched a new online chat to offer consumers another avenue to have their insurance questions answered quickly. Representatives are now available at www.aldoi.gov to help with common insurance-related questions. The chat box is located …
The Hilb Group, LLC (THG) has acquired David Hill & Associates, Inc. (DHA) of Wilmington, N.C. DHA will be joining the existing Hilb Group office in Wilmington to build an expanded benefits practice. DHA represents THG’s 41st acquisition since 2009 …
Loss estimates for the October California wildfire siege could reach up to $10.5 billion, according to catastrophe modeling firm AIR Worldwide. Boston, Mass.-based AIR on Thursday updated its loss estimates for the recent wildfires after analyzing findings from its damage …
The California Department of Industrial Relations has released the 2016 occupational injury and illness data on employer-reported injuries that shows nonfatal worker injured remained steady in the state. Estimates provided by the U.S. Bureau of Labor Statistics’ Survey of Occupational …
H.W. Kaufman Group and Burns & Wilcox have promoted 22 insurance industry veterans across 15 locations in the United States and Canada. The promotions were announced at a recognition dinner during the annual 2017 Kaufman Leadership Meeting. They include: Matthew …
The city of Indianapolis sued several manufacturers and distributors of prescription painkillers in federal court on Nov. 14, alleging that their actions are to blame for the city’s growing opioid crisis. The lawsuit contends that the “dramatic increase” in painkiller …
An Ohio corporation has paid the U.S. government a record $75 million to settle lawsuits stemming from alleged false claims about hospice patients. The U.S. Department of Justice says that between 2002 and 2013 Chemed subsidiary Vitas knowingly submitted false …
A.M. Best has withdrawn the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a+”, each with a stable outlook, of Great Lakes Casualty Insurance Co. (Great Lakes) in Grand Rapids, Michigan. The rating withdrawals reflect …
