Washington Auto Repair Owner Caught 2nd Time in Workers’ Comp Scam July 29, 2022 A Kennewick, Washington, business owner pleaded guilty to a felony for failing to provide workers’ compensation insurance for his employees...
AM Best Removes Golden Bear in California from Under Review and Affirms Credit Ratings July 28, 2022 AM Best removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of A (Excellent) and...
Another One: American Traditions Stops New Business in Florida July 28, 2022 Another property insurer has halted writing new policies in Florida. For homeowners, condominiums and rental properties, “new business will be...
U.S. Financial Stability Oversight Council to ID More Climate-Related Risks July 28, 2022 By Don Jergler The Financial Stability Oversight Council convened on Thursday to identify and address climate-related financial risk. The FOC last year published...
United P&C Completes Florida Restructuring Amid Catastrophe Losses July 28, 2022 United Insurance Holdings, parent of United Property & Casualty Insurance, said it has completed most of its major reorganization plan,...
OSHA Investigating After Construction Worker Electrocuted at Charlotte Airport July 28, 2022 A construction worker at a North Carolina airport was electrocuted, according to a California-based company for whom he worked. The...
EU Mulls New Unit With Antitrust Veterans to Enforce Tech Rules July 28, 2022 By Foo Yun Chee The European Commission is considering creating a new directorate that may be headed by two top antitrust officials to enforce...
Lemonade Closes Deal for Auto Insurer Metromile July 28, 2022 Digital insurer Lemonade said it has closed of the acquisition of pay-per-mile car insurance provider Metromile in an all-stock transaction....
Hilb Group Acquires King and Cushman Agency in Massachusetts July 28, 2022 The Hilb Group has acquired Massachusetts-based King and Cushman Agency, further expanding the company’s presence throughout New England. Based in...
Judge Questions 3M’s Use of Bankruptcy to Fight Veterans’ Suits July 28, 2022 By Steven Church The federal judge administering more than 230,000 lawsuits against 3M Co. questioned whether the industrial giant acted in good faith...