Investigators Say Colorado’s 2nd-Largest Fire Was Human-Caused June 6, 2022 Investigators say Colorado’s second-largest wildfire on record was human-caused. The U.S Forest Service announced that the determination was made based...
$460M Awarded to Former Workers Who Sued California Utility June 6, 2022 Two men who sued saying they were forced out of their jobs at a Southern California utility after complaining about...
First Named Storm of 2022 Brings Minor Flooding to Miami Area. Bermuda Next June 6, 2022 Tropical Storm Alex, the first named storm of what’s predicted to be a busy 2022 Atlantic season, caused minor flooding...
Southern Fidelity Loses Rating; Heritage, People’s Trust Complete Re Programs June 6, 2022 The Demotech insurance industry rating firm has withdrawn the financial stability rating for Southern Fidelity Insurance Co. after the carrier...
Self-Fulfilling Rankings Boost Rating Agency Power: Researcher June 6, 2022 Agencies that rate and rank nations, corporations and colleges wield enormous power, influencing investment flows and prompting leaders to pursue...
Federal Court Upholds Connecticut Law on Disclosing Police Records June 6, 2022 A federal appeals court has upheld part of a 2020 Connecticut police accountability law that allows public disclosure of state...
Hub Acquires Georgia-based Alexander & Co. Benefits Firm June 6, 2022 Hub International, a global insurance brokerage firm, has acquired Georgia-based Alexander & Co., an employee benefits firm for school districts...
P/C Industry Posts 2021 Underwriting Loss but Surplus Hits $1 Trillion June 6, 2022 Full-year net income for U.S. property/casualty insurers increased slightly to $61.9 billion from $60.3 billion in 2020, but the industry...
Report: California Workers’ Comp Written Premium for 2021 Down 2% June 6, 2022 California written premium for 2021 was 2% below 2020 and 14% below 2019, a new report shows. The Workers’ Compensation...
Global Re/insurers See Average Premium Increases of 11% in Q1 June 6, 2022 Premium growth during the first quarter of 2022 saw an average increase of 11%, which was supported by continued favorable...