New Mexico Approves Decrease in Workers’ Comp Loss Costs December 6, 2022 The New Mexico Office of Superintendent of Insurance approved a rate proposal submitted by the National Council on Compensation Insurance...
Fire Damages Commercial Buildings in Indiana Town December 6, 2022 A fire in downtown Columbus destroyed a commercial building containing offices and a photo studio and left three firefighters with...
People Moves: Bailey Named Chair of Aon UK Ltd. Board; AXA XL Promotes Casby to Head of Upstream Energy, UK & Lloyd’s December 6, 2022 Bailey Named Chair of Aon UK Ltd. Board Aon plc, a leading global professional services firm, today announced that it...
Union Bay Acquires Pennsylvania’s LaBrozzi Insurance December 6, 2022 Union Bay Acquisition, an aggregator of insurance agencies agent based in Princeton, New Jersey, has acquired LaBrozzi Insurance Group, Inc....
Xenia to Buy UK Trade Credit Insurance Broker Linda Scott Associates December 6, 2022 Xenia Broking Group Ltd. (XBGL) announced it has agreed to acquire the trade credit insurance business of Linda Scott Associates...
Russian State-Owned Bank VTB Hit by Massive Distributed-Denial-of-Service Attack December 6, 2022 Russia’s No. 2 bank VTB was hit by the largest cyber attack in its history, it said on Tuesday, warning...
Global P/C Insurance Outlook Now Negative: Moody’s December 6, 2022 High claims inflation and rising reinsurance costs are among the factors that prompted analysts at Moody’s Investors Service to change...
SUV crashes into Florida Fireworks Store, Sparking Huge Fire December 6, 2022 A Florida man drove his SUV into a fireworks store last week, sparking a huge fire in a crash that...
Neptune Flood Names Duffy Chief Risk Officer December 6, 2022 Neptune Flood Insurance, based in St. Petersburg, Florida, has named Matthew Duffy chief risk officer, after he spent 18 months...
Heightened Penalties for Arson, Retail Theft in North Carolina Now in Effect December 6, 2022 Tougher penalties for certain types of arsons and large-scale thefts at stores in North Carolina are among all or portions...