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...
Boston Task Force Aims to Crack Down on Illegal Fireworks June 30, 2020 Boston Mayor Marty Walsh has created a new task force aimed at cracking down on illegal fireworks amid an explosion...
FCCI Insurance Names Welch President/CEO, Replacing Johnson Who Was Fired June 30, 2020 FCCI Insurance Group’s board of directors has named Christina “Cina” Welch as president and CEO, replacing Craig Johnson who was...
Mining Groups Should Be Required to Buy Insurance for Tailings Dams: Report June 30, 2020 Mining companies should be required to buy private insurance for tailings dams and their board of directors should be held...
North Carolina-Based BB&T Rebrands as Truist Insurance Holdings June 30, 2020 BB&T Insurance Holdings, Inc., a subsidiary of Truist Bank, is officially now doing business as Truist Insurance Holdings, Inc. With...
Nationwide’s Transition to Independent Agency Insurance Company Complete June 30, 2020 Nationwide says the process of transitioning the company to operate as an independent insurance agency carrier is complete, effective July...
Insurance Dept: Required Premium Relief Has Saved California Drivers $1.2B June 30, 2020 California automobile insurance companies have agreed to provide $1.21 billion in savings to drivers, the state insurance department says. Insurance...