People Moves: Marsh Promotes Payne to UK Chair of FINPRO; WTW Hires Smith From Lloyd’s for Digital Trading; Aon Bolsters UK Operations’ Team With 2 Hires January 24, 2022 This edition of International People Moves details appointments at Marsh, Willis Towers Watson (WTW) and Aon. A summary of these...
Insurtech Root Lays Off 330 Employees as Loss Costs Increase January 24, 2022 By Elizabeth Blosfield Technology company Root Inc., the Columbus, Ohio-based parent company of Root Insurance, announced yesterday that it has laid off approximately...
Federal Judge Says RICO Lawsuit vs. United P&C Must be Revised January 24, 2022 A federal judge in Tampa has ordered a roofing contractor to revise its lawsuit complaint, which alleges racketeering law violations...
Hundreds Evacuated as Crews Battle California Wildfire January 24, 2022 Hundreds of residents remained evacuated Sunday as crews battled a wildfire in rugged mountains along the California coast that forced...
Berkley One Expanding into Utah January 24, 2022 Berkley One has expanded its personal insurance portfolio to Utah. Berkley One is also expanding into Maine. Berkley One Classics...
Western National, Alfa Insurance Agree to Sale of Legacy in Arizona January 24, 2022 Western National Mutual Insurance Co. and Alfa Insurance announced an agreement for Alfa to purchase Legacy Insurance Services Inc. in...
Georgia Governor Wants to Pay off $150 Million State Workers’ Comp Backlog January 24, 2022 Thanks to an unexpectedly large state budget surplus for 2021, Georgia’s governor wants to pay off a $150 million backlog...
West Virginia Aims To Launch Mutual Insurance Company for Mine Reclamation January 24, 2022 The West Virginia Senate has passed a bill that would create a mutual insurance company dedicated to coal mine reclamation...
Secondary Perils Are Increasing Share of U.S. Catastrophe Losses January 24, 2022 Secondary peril events such as wildfires, tornadoes and severe thunderstorms are becoming more impactful and generating an increasingly larger amount...
One Simple Word January 24, 2022 By Patrick Wraight Help It’s a simple but profound word. It indicates that you recognize that there is something in your path that...