Hub Acquires Pennsylvania Commercial Lines Agency IMC August 6, 2024 Global insurance brokerage Hub International Limited announced it has acquired Insurance Management Company (IMC). Located in Erie, Pennsylvania, IMC provides...
UK’s Thames Water Seeks Deal to Escape £104 Million Sewage Fine August 6, 2024 By Jessica Shankleman Cash-strapped Thames Water is seeking to strike a deal with its regulator to avoid a fine of £104 million ($133...
New Hampshire’s HPM Insurance Acquires Insurance Savers August 6, 2024 HPM Insurance of Amherst, New Hampshire reports it has acquired Insurance Savers Agency, a personal and commercial lines agency with...
Removing US Subsidies Curbed Building in Climate Risk Zones, Study Finds August 6, 2024 By Leslie Kaufman The US Congress passed the Coastal Barrier Resources Act in 1982 to preserve relatively undeveloped waterfront areas as natural buffer...
Insurance 101: Understanding Insurance Carrier Terminations August 6, 2024 By Holly Monroe In the insurance industry, the term “termination” can refer to a few different things. First, there are policy terminations. These...
Singapore Monetary Authority Defends Allianz’s $1.7B Plan to Buy Income Insurance August 6, 2024 By Elffie Chew and Andrea Tan Singapore ministers addressed concerns about Allianz SE’s plan to buy a majority stake in Income Insurance Ltd., saying it would...
Risk & Insurance Education Alliance Unveils NEW CIC Self-Paced Course: Commercial Multiline August 6, 2024 By Newswire Austin, TX., August 6, 2024 —The Risk & Insurance Education Alliance is proud to announce the launch of its first...
Choosing Your Medicare Plan: Original Medicare vs. Medicare Advantage August 6, 2024 By Jason Milz, Trucordia Senior Benefits Practice Leader This post is part of a series sponsored by Trucordia. Trucordia Senior Benefits Practice Leader Jason Milz offers a helpful...
Fed Policymakers Signal Rate Cuts Ahead, But Not Recession August 6, 2024 By Lindsay Dunsmuir and Ann Saphir U.S. central bank policymakers pushed back on Monday against the notion that weaker-than-expected July jobs data means the economy is...
Berkshire Halves Apple Stake, Boosts Cash to $277 Billion As It Gets ‘Defensive’ August 6, 2024 By Jonathan Stempel Warren Buffett appears to have soured on stocks, letting cash at Berkshire Hathaway soar to nearly $277 billion and selling...