Delaware Insurance Commissioner Trinidad Navarro has released a consumer alert for users of respiratory devices manufactured by Philips. An estimated four million Philips Continuous Positive Airway Pressure (CPAP) and Bi-Level Positive Airway Pressure (BiPAP or BiLevel PAP) devices, as well …
Canary Blomstrom Insurance Agency of Agawam recently became a member of GoodWorks Financial Group, a national network of insurance agencies, according to Canary Blomstrom president Sandy Brodeur. The agency will retain its name, staff and location, and Brodeur will continue …
The New Hampshire Insurance Department (NHID) approved a rate proposal filed by the National Council on Compensation Insurance (NCCI) that will reduce voluntary loss costs by 8% on average. “Over the past several years, the state has worked hard, in …
A former mayor in West Virginia has pleaded guilty to stealing federal relief funds meant to rebuild his city after a massive 2016 flood. Ex-Richwood Mayor Bob Henry Baber, 70, pleaded guilty Monday in Nicholas County Circuit Court to one …
Africa Specialty Risks (ASR), the pan-African focused reinsurance group, announced it has launched a licensed reinsurer in Bermuda. The group will offer a full suite of products from its Bermudan reinsurer, including political risk & trade credit, political violence & …
A crash that killed 10 people, including nine children, on a rain-slicked Alabama interstate happened after a tractor-trailer truck slammed into vehicles that had slowed down because of minor crashes, according to a preliminary report released Tuesday. The National Highway …
Britain launched a government-backed reinsurance scheme totaling more than 750 million pounds ($1 billion) on Thursday to cover live events against cancellation risk due to the COVID-19 pandemic, after intense industry lobbying. Insurers stripped coronavirus cover from event cancellation policies …
FRANKFURT – German insurer Allianz on Friday posted a better-than-expected 46% jump in second-quarter net profit and provided a rosier outlook for the full year as it emerges from pressure on business caused by the coronavirus pandemic. Net profit attributable …
HCI Group, Inc. announced that its insurtech subsidiary, TypTap Insurance Group, Inc., a Florida-based writer of private market homeowners and flood insurance, has confidentially submitted a draft registration statement for a proposed initial public offering with the Securities and Exchange …
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