Bermuda’s insurance market gains reciprocal status with the U.S. as of Jan. 1, 2020, something that industry and business groups there are celebrating as they countdown to the new year. Reciprocal status will make Bermuda on par with the U.S., …
Cheyenne Regional Medical Center in Wyoming has added security measures and is informing people whose personal information was exposed due to a data breach earlier this year, hospital officials said. The breach was discovered in April but is being publicly …
EPIC Insurance Brokers and Consultants, a retail property and casualty insurance brokerage and employee benefits consultant, has hired Matthew Presutti to its EPIC New York operations as managing principal on the employee benefits team. Presutti will be based in New …
J.M. Wilson has added Lindsay Kirby as a property/casualty technician in its Portage, Michigan, office. Kirby will provide support to the property and casualty underwriters. She is responsible for providing technical assistance on policies, endorsements, and serving independent insurance agents. …
The families of six people killed, along with 10 people injured, when a bridge collapsed at a Miami university are set to receive a nearly $103 million settlement. Judge A. Jay Cristol, with U.S. Bankruptcy Court in Miami, approved a …
Weather officials say a tornado caused minor damage after it touched down in Florida and traveled about 20 miles. According to the National Weather Service in Jacksonville, the tornado touched down early Saturday morning near Bunnell, stopping just short of …
The market outlook on the U.S. commercial lines industry for 2020 is stable. according to analysts at ratings firm A.M. Best who cite “improved market conditions and solid levels of risk-adjusted capitalization that have helped insurers weather short-term profitability challenges.” …
Cryptocurrency theft has surged in 2019 compared with last year, with more money flowing through digital exchanges and criminals looking to carry out bigger heists, according to a report from blockchain forensics company CipherTrace obtained by Reuters. Losses from digital …
Louisiana Cyberattack “Now that we’ve had this incident, does that put a target on our back, kind of, for more bad guys to hit our system?” — Louisiana state Sen. Sharon Hewitt, a Republican from Slidell, asked regarding the Nov. …
Publicly traded U.S. insurance brokers are expected to produce strong revenue growth for 2020 given near peak level organic growth and favorable U.S. commercial lines insurance pricing trends. Further, margins remain consistent with investment-grade ratings and are expected to be …
