Regulators Turn Up Pressure on Air Bag Inflator Firm to Recall Devices June 2, 2023 The U.S. government is turning up the pressure on Tennessee-based ARC Automotive to recall 67 million potentially dangerous air bag...
Coal Firms Owned by Family of WV Governor Sued Over Unpaid Penalties June 2, 2023 Thirteen coal companies owned by the family of West Virginia Gov. Jim Justice are being sued over unpaid penalties for...
Former Hiscox CEO Masojada Named Chair of SiriusPoint June 2, 2023 SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced the appointment of Bronek Masojada as chair of the company’s Board...
Kansas Insurance Commissioner: No Workers’ Comp Fund Assessment for FY 2024 June 2, 2023 Kansas Insurance Commissioner Vicki Schmidt announced there will not be a Workers Compensation Fund assessment this year. Carriers, pools, and...
Former Arizona County Official Who Said Election Deniers Made Work ‘Toxic’ Gets $130K June 2, 2023 A former elections official for a rural Arizona county where leaders have embraced election conspiracy theories has received a $130,000...
Reinsurers Maintain Their ‘Heightened Risk Aversion’ During June 1 Renewals: Report June 2, 2023 Reinsurance rates continued to harden during the June 1 renewals, with risk-adjusted property-catastrophe pricing up 33% on average, according to...
Judge Dismisses Criminal Charges Against PG&E Energy in Fatal California Wildfire June 2, 2023 A California judge dismissed all charges against Pacific Gas & Electric in connection to a 2020 fatal wildfire sparked by...
People Moves: Everest Appoints Maritzen Global CUO; Swearengin to Lead One80 National Casualty Practice; Haggerty Head of QBE NA Commercial Programs June 2, 2023 Everest Insurance Appoints Maritzen Global Chief Underwriting Officer Everest Insurance, the insurance division of Everest Re Group, Ltd., has named...
InsurTech NY Accepting Applications for Digital MGA Lab June 2, 2023 InsurTech NY has opened its application window for its Digital Managing General Agency (MGA) Lab. Applications for the cohort will...
People Moves: Buffalo Agent Walsh Elected Big I New York Chair June 2, 2023 Buffalo Executive Walsh Elected Big I New York Chair of the Board Insurance producer trade organization Big I New York...