Price increases at the Jan. 1, 2021 reinsurance renewals were moderated compared to initial expectations as a result of abundant capital levels and an increased willingness on the part of reinsurers to deploy capacity in several sectors, according to reinsurance …
Ryan Specialty Group LLC (RSG), based in Chicago, has added John Zern as president and chief executive officer of Ryan Specialty Benefits. Zern will lead the development of Ryan Specialty Benefits, which focuses on wholesale benefits brokerage and managing general …
UnitedHealth Group Inc. takes the top spot in AM Best’s ranking of the world’s 25 largest insurance companies for a sixth straight year, with $189.7 billion in net premiums written (NPW) in 2019. In addition, Allianz SE and Prudential Financial, …
State Compensation Insurance Fund in California on Monday announced plans to distribute a $39 million dividend to its qualifying policyholders with policies that took effect between Aug. 27 and Dec. 31, 2020. The dividend equals roughly 10% of the estimated …
Alaska scientists have found a second slope that has the potential to create a landslide or a destructive tsunami to its surrounding area. The slope in the Prince William Sound area is next to a previously discovered slope that Alaska …
Starting Jan. 1, drivers violating Idaho’s hands-free device, distracted driving law risked getting a citation. The law has been in effect since July 1, but Idaho State Police troopers have been issuing warnings to drivers about the dangers of distracted …
An outgoing member of Montana’s Public Service Commission has filed a $2.5 million damage claim against fellow members of the utility regulating board along with staff members after his emails were leaked to a right-wing webcast. An internal investigation also …
California Insurance Commissioner Ricardo Lara announced that nearly 500 policyholders in six ZIP codes affected by the Mountain View Fire in Mono County were included in the mandatory one-year moratorium on insurance companies non-renewing or cancelling residential property insurance policies. …
All but two construction workers injured in December in an explosion at a high-rise building in Baltimore have been released from hospitals as officials continue to investigate what caused the incident. Twenty-one workers were taken to area hospitals following an …
The Occupational Safety and Health Administration (OSHA) is reminding employers that the agency will begin collecting calendar year 2020 workplace injury data (Form 300A) on Jan. 2, 2021. Employers must submit the form electronically by March 2, 2021. Establishments with …
