Business Moves: NSM Completes Sale of Commercial Division to New Mountain Capital; Compre Buys Covea’s CSE Group April 17, 2025 Specialty insurer NSM Insurance Group said it has completed the sale of its U.S. commercial insurance division to investment firm...
China Bans ‘Smart’ and ‘Autonomous’ Driving Terms From Vehicle Ads April 17, 2025 China is banning automakers from using the terms “smart driving” and “autonomous driving” when they advertise driving assistance features, and...
Lloyd’s Broker Charged Over Alleged Ecuador Bribes April 17, 2025 By Lucca de Paoli UK fraud cops have charged an insurance broker with bribery, after a four-year probe into alleged corruption involving state-run insurance...
Viewpoint: A Favorable Prognosis—Healthcare at the Forefront of Cyber Risk April 17, 2025 By Stephanie Snyder Frenier Healthcare organizations continue to find themselves at the forefront of cyber risk. Exposures such as IT supply chain dependencies, website...
In Last-Minute Reversal, US Agency Extends Support for Cyber Vulnerability Database April 17, 2025 By Raphael Satter U.S. officials will extend support for 11 months for a database of cyber weaknesses that plays a critical role in...
Potential Tariff Auto Severity Impact on Travelers: Single-Digits or Less April 17, 2025 By Susanne Sclafane Wildfire losses obscured what executives of Travelers described as outstanding underlying results for the insurer’s first quarter—and looking ahead, the...
NC Committee Approves Bill to End Education Requirements for Insurance Agents April 17, 2025 By William Rabb A North Carolina House of Representatives committee voted Wednesday to do away with educational course requirements for insurance agent licenses,...
Florida’s Anchor Insurance is Reborn as Patriot Select With $29M in Capital April 17, 2025 By William Rabb It was once known as Anchor Property & Casualty Insurance Co., based in St. Petersburg, Florida, and launched in 2014....
Truck Driver Acquitted in Bikers’ Deaths Sentenced for Prior Impaired Driving Charge April 17, 2025 By Dave Collins A commercial truck driver who was acquitted in the 2019 deaths of seven motorcyclists in New Hampshire pleaded guilty and...
New York Inspector Uncovered $2.7 Million in Workers’ Compensation Fraud in 2024 April 17, 2025 New York State’s Inspector General said her office identified $2.7 million in workers’ compensation fraud in 2024, a nearly 30%...