US Insurance Giant Marsh Set for $448 Million Honan Deal August 21, 2023 By Harry Brumpton, Manuel Baigorri and Nabila Ahmed Marsh has agreed to acquire Honan Insurance Group Pty Ltd. as the US insurance broker giant seeks to expand its...
Private Flood Insurers See Opportunity as NFIP Increases Rates August 21, 2023 While the National Flood Insurance Program (NFIP) rolls out a new rating program generating premium increases for many policyholders, the...
National Drunk Driving Fatalities Surge in 2021 August 21, 2023 The number of national drunk driving fatalities increased in 2021, according to a new report by online driver education platform...
Maui Fire Lays Bare Utility Missteps Mirrored Across the Country August 21, 2023 By Mark Chediak When flames ripped through the drought-parched town of Paradise in 2018, destroying homes and killing 85 in California’s deadliest-ever wildfire,...
Warren Buffett Gives $27M in Berkshire Hathaway Stock to an Unnamed Charity August 18, 2023 By Josh Funk Investor Warren Buffett has donated Berkshire Hathaway stock worth $27 million to an unnamed charity. Buffett disclosed the gift of...
Bosses Dislike Work-From-Home But Suspect They’re Stuck With It August 18, 2023 By Alex Tanzi Business leaders think that the spread of remote work has had more negative effects than positive ones, but they also...
Allstate Starts Q3 With $313M in Catastrophe Losses in July August 18, 2023 Allstate Corp. said estimated catastrophe losses for the month of July were $313 million or $247 million, after-tax. July has...
Rate Hikes Not Bringing Profit to US Auto Insurers: Fitch August 18, 2023 By Susanne Sclafane Jumps in rates and written premiums did little to move the needle on underwriting profits for U.S. personal auto insurers,...
Ex-Trump Administration Officials Target Corporate Diversity Efforts August 18, 2023 By Daniel Wiessner Activision Blizzard Inc and Kellogg Co have joined a growing list of major U.S. companies to face claims from a...
Survey Finds Homeowners Are Putting Off Repairs, Reducing Homeowners Coverage August 18, 2023 Many U.S. homeowners are delaying home repairs, potentially putting their property at risk of damage, according to the latest Nationwide...