California Workers’ Comp Bureau Paid $4.6B Medical, $3.8B Indemnity Losses in 2019 June 30, 2020 The Workers’ Compensation Insurance Rating Bureau of California has released its report on workers’ comp losses and expenses for 2019....
U.S. Commercial Auto Insurers Report Worst Losses in Decade: AM Best June 30, 2020 The U.S.commercial automobile insurance segment’s underwriting losses deepened to $4.0 billion in 2019, the segment’s worst loss in 10 years...
New York’s LiquidX Appoints Lynady as Managing Director June 30, 2020 LiquidX has appointed Todd Lynady as managing director and global head of Insurance Sales and Business Development. In this newly...
Safeco, Heritage Agree to Offer Renewals to AIG’s Upper Middle Market Clients June 30, 2020 American International Group (AIG) announced it has entered into an agreement with Safeco Insurance, a Liberty Mutual subsidiary, and Heritage...
New York Insurance Broker Arrested, Charged in $1M Fraud Scheme June 30, 2020 A New York state insurance broker has been arrested and charged with wire fraud, attempted wire fraud and aggravated identity...
Boston Task Force Aims to Crack Down on Illegal Fireworks June 30, 2020 Boston Mayor Marty Walsh has created a new task force aimed at cracking down on illegal fireworks amid an explosion...
Australia to Spend Nearly $1 Billion on Cyber Security During Next Decade June 30, 2020 By Colin Packham SYDNEY – Australia will spend A$1.35 billion ($926.1 million) over the next 10 years to boost its cyber security defenses,...
FCCI Insurance Names Welch President/CEO, Replacing Johnson Who Was Fired June 30, 2020 FCCI Insurance Group’s board of directors has named Christina “Cina” Welch as president and CEO, replacing Craig Johnson who was...
Potential New ‘Pandemic Virus’ Has Been Found in Chinese Pigs, Warns Study June 30, 2020 By David Stanway SHANGHAI – A new flu virus found in Chinese pigs has become more infectious to humans and needs to be...
Car Crashes Became Deadlier During Lockdowns Across Globe: Reuters Insight June 30, 2020 By Lena Masri LONDON – Coronavirus lockdowns led to huge reductions in traffic and fewer car crashes this spring, but as drivers sped...