Insurance Startup Lemonade Increases Target Price Range for IPO July 1, 2020 SoftBank Group Corp.-backed insurance startup Lemonade Inc on Wednesday increased the target range for its U.S. initial public offering, looking...
World Insurance Associates Acquires Pinnacle Insurance Group of Indiana July 1, 2020 World Insurance Associates LLC (WIA) has acquired Pinnacle Insurance Group of Indiana. Terms of the transaction were not disclosed. Since...
Cellphone While Driving Ban Goes into Effect in Idaho June 30, 2020 Effective July 1 using a handheld phone while operating a moving motor vehicle in Idaho is prohibited. Idaho drivers will...
California Governor Orders Bars in 7 California Counties to Close June 30, 2020 Gov. Gavin Newsom has ordered bars that have opened in seven California counties, including Los Angeles, to immediately close and...
Workers Killed in Industrial Accident at Colorado Cheese Plant June 30, 2020 Two men were killed while working on a pipe extension project at a cheese plant in northern Colorado. Weld County...
California Workers’ Comp Bureau Paid $4.6B Medical, $3.8B Indemnity Losses in 2019 June 30, 2020 The Workers’ Compensation Insurance Rating Bureau of California has released its report on workers’ comp losses and expenses for 2019....
U.S. Commercial Auto Insurers Report Worst Losses in Decade: AM Best June 30, 2020 The U.S.commercial automobile insurance segment’s underwriting losses deepened to $4.0 billion in 2019, the segment’s worst loss in 10 years...
New York’s LiquidX Appoints Lynady as Managing Director June 30, 2020 LiquidX has appointed Todd Lynady as managing director and global head of Insurance Sales and Business Development. In this newly...
Safeco, Heritage Agree to Offer Renewals to AIG’s Upper Middle Market Clients June 30, 2020 American International Group (AIG) announced it has entered into an agreement with Safeco Insurance, a Liberty Mutual subsidiary, and Heritage...
New York Insurance Broker Arrested, Charged in $1M Fraud Scheme June 30, 2020 A New York state insurance broker has been arrested and charged with wire fraud, attempted wire fraud and aggravated identity...