Washington School Bus Carrier Could be Fined $364K for Safety Violations February 28, 2022 Washington state regulators found more than 600 safety and procedural violations by school bus carrier First Student in the past...
New Mexico Archdiocese Sues Insurers Over Sexual Abuse Coverage February 28, 2022 One of the oldest Roman Catholic dioceses in the U.S. is suing four insurance companies over claims that they haven’t...
Dollar General Cited for More Workplace Hazards February 28, 2022 It’s more bad news for Dollar General stores, one of the largest food and household goods retailers in the country....
Riskonnect Acquires UK Risk Management Software Firm Sword GRC February 28, 2022 Integrated risk management software provider Riskonnect reports it has acquired the Sword GRC, a UK-based software company that specializes in...
Berkshire’s GEICO Posts 2021 Profit Much Lower Than 2020 February 28, 2022 Although Berkshire Hathaway’s biggest insurance operation GEICO reported a 63 percent drop in pretax underwriting income in 2021, overall the...
People Moves: Rosa Appointed CEO of Euler Hermes Agency; Gallagher Re Adds Aon’s LaPalme; Marsh Hires Lipinska, Cobb February 28, 2022 This edition of International People Moves details appointments at Euler Hermes, Gallagher Re and Marsh. A summary of these new...
Insurtech Descartes Partners With Modeling Firm Reask to Expand Parametric Cover February 28, 2022 Descartes Underwriting, the Paris-based parametric insurtech, has formed a partnership with Reask, the tropical-cyclone modeling firm. The partnership aims to...
AM Best: Ukraine Invasion to Likely Have ‘Substantial Impact’ on Insurance Industry February 28, 2022 Russia’s invasion of Ukraine could add to inflationary pressures and will likely have a substantial impact on the global insurance...
Fire That Killed Dozens of Animals at Arkansas Petting Zoo Under Investigation February 28, 2022 Dozens of animals including prairie dogs, lemurs and hedgehogs were killed when a fire broke out in a barn at...
India Approves Up to 20% Foreign Direct Investment in Giant Insurer LIC: Source February 28, 2022 India’s cabinet approved on Saturday a policy amendment allowing foreign direct investment of up to 20% in Life Insurance Corp...