Transactional Risk Insurance Hits Record High Despite Pandemic: Marsh Report March 22, 2021 After a dramatic downturn in the second quarter of 2020 due to the coronavirus pandemic, merger and acquisition (M&A) deal...
Winter Storm to Break Insurance Records; Other February Storms March 22, 2021 February saw a spate of winter storms in the United States, including the period from Feb. 12-20, which will become...
Workers’ Comp Rates to Drop Again in Louisiana March 22, 2021 Workers’ compensation insurance rates will continue to decrease in Louisiana with a new rate reduction beginning in May, the insurance...
California Comp Virus Claim Volume Plummeted in February March 22, 2021 The wave of COVID-19 claims that hit the California workers’ compensation system at the end of 2020 has subsided for...
Oregon Lawsuits Seek $1B from Pacific Power over Wildfires March 22, 2021 Two new lawsuits filed in Marion County, Ore., seek more than $1 billion in damages from Pacific Power, claiming the...
State Farm Returning $400M to California Auto Customers March 22, 2021 State Farm is returning $400 million to California mutual auto insurance customers due to better than anticipated claim results, the...
Business Moves March 22, 2021 National One80, Cannasure Insurance Services One80 Intermediaries has acquired Cannasure Insurance Services, an Ohio-based wholesale broker and managing general agent...
Video Surveillance Leads to Workers’ Comp Fraud Charges Against California Woman March 22, 2021 Veronica Catalina Cortes-Ambrosio, 53, of Madera, Calif., was charged on two felony counts of insurance fraud after allegedly lying about...
My New Markets March 22, 2021 NFIP and Private Flood Market Detail: Grand General Agency (www.thehelpfulpeople.com) is a general agency with several markets available for agents...
Pandemic Losses for P/C Insurers Will Take Years to Determine: Fitch March 22, 2021 Incurred pandemic losses for U.S. property/casualty insurers increased only modestly in fourth quarter of 2020 from earlier quarters in the...