Pennsylvania Regulator Has Nixed $200M in P/C Insurance Rate Hikes in First 6 Months July 17, 2025 The Pennsylvania Insurance Department (PID) reported that its actuaries denied $210.1 million in requested property/casualty (P/C) insurance premium increases in...
PE Firm Warburg Pincus Acquires Majority Stake in Keystone Agency Partners July 17, 2025 Insurance broker and agency network Keystone Agency Partners (Keystone), announced that the private equity firm Warburg Pincus will acquire a...
Deadly Massachusetts Fire Highlights Assisted-Living Regulation, Staffing July 17, 2025 By Michael Casey and Michelle R. Smith The Massachusetts assisted-living facility where a fatal fire killed nine people was caring for dozens of aging residents reliant on...
People Moves: Society Insurance Names Felton to Board of Directors July 16, 2025 Society Insurance, headquartered in Fond du Lac, Wisconsin, elected Chris Felton of Burlington, Wisconsin, as a director Felton is president...
Aon Promotes Reinsurance Leaders as John Neal Takes a New Direction With AIG July 16, 2025 By L.S. Howard Insurance broker Aon announced the promotions of Alfonso Valera as CEO of International for Reinsurance, responsible for UK, EMEA and...
Progressive Q2 Income More Than Doubles July 16, 2025 Second quarter net income at Progressive Corp. increased 118% compared to the same period a year ago to about $3.2...
Venbrook Launches Habitational Product for California Condos, Townhomes July 16, 2025 Venbrook Group has entered a strategic alliance with DB Insurance to bring a specialty coverage option for multi-unit residential properties...
The Hartford Promotes Chhabra to Chief Risk Officer July 16, 2025 The Hartford said it is promoting Prateek Chhabra to chief risk officer, succeeding Robert Paiano who will retire from the...
Former Lloyd’s CEO Neal to Lead General Insurance as President at AIG July 16, 2025 By Chad Hemenway American International Group (AIG) said today that former Lloyd’s CEO John Neal is joining as president, effective December 1. Neal,...
Air India Crash Supports Argument for Cockpit Cameras, IATA Chief Says July 16, 2025 By Audrey Wan The installation of cockpit cameras would greatly help aviation safety authorities investigating accidents like the recent fatal Air India crash,...