Global Commercial Insurance Rates Rise 9%, Continuing Moderating Trend: Marsh August 1, 2022 Global commercial insurance prices increased 9% in the second quarter of 2022 (down from an 11% increase in Q1), continuing...
Fidelis’ Credit Ratings Under Review After Announcing Plan to Create MGU: AM Best August 1, 2022 AM Best has placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer...
Liberty Mutual Insurance Acquires Malaysian Insurer AmGeneral August 1, 2022 Liberty Mutual Insurance has completed the acquisition of Malaysian insurer AmGeneral Insurance Berhad, which is expected to make Liberty Mutual...
Florida People Moves: DeSantis Reappoints Knight to Citizens Board August 1, 2022 Florida Gov. Ron DeSantis has reappointed venture capitalist Erin Knight to the Citizens Property Insurance Corp. board of governors, the...
Blue Cross Sues Mississippi Med Center Officials for Defamation August 1, 2022 Blue Cross & Blue Shield of Mississippi on Thursday said it was suing three employees of the University of Mississippi...
Tank Explosion Severely Burns Six Workers in Mississippi August 1, 2022 Six workers suffered severe burns following a Friday morning explosion at a oil drilling storage tank in central Mississippi. The...
Philadelphia’s Well-Known Jim’s Cheesesteaks Shop Damaged by Fire August 1, 2022 A fast-moving fire damaged one of Philadelphia’s best-known cheesesteak shops early Friday, but authorities say no injuries were reported. Dozens...
Most Commercial Insurance Renewal Rate Changes Remain Up: Ivans Index August 1, 2022 Premium renewal rate changes for all major commercial lines of business increased year over year with the exception of the...
People & Places August 1, 2022 National Specialty insurance broker CAC Specialty added four professionals to its senior living practice — David Thurber as senior vice...
Business Moves August 1, 2022 East Relation, Insurance Inc. Walnut Creek, California-headquartered Relation Insurance Services acquired the assets of Maryland-based Insurance Inc. Terms of the...