Best’s See Limited Non-Life Insurance Losses in China From Coronavirus Epidemic February 4, 2020 Rating firm AM Best said it expects that China’s non-life insurance market will experience limited losses from the ongoing coronavirus...
AM Best Downgrades Issuer Credit Rating of Crusader in California February 3, 2020 AM Best has downgraded the Long-Term Issuer Credit Rating to “bbb” from “bbb+” and affirmed the Financial Strength Rating of...
Apple, Broadcom Must Fork over $1.1B to Caltech in Patent Lawsuit February 3, 2020 A federal jury has decided that Apple Inc. and Broadcom Inc. must pay $1.1 billion to the California Institute of...
Construction Decline in Alaska Predicted Without Quake Projects February 3, 2020 An Alaska industry group predicted a decrease in 2020 construction spending due to a lower number of earthquake repair projects....
Waymo: Self-Driving Vehicle That Crashed in Arizona in Manual Mode, Wamo says February 3, 2020 A Waymo self-driving minivan operating in manual mode was involved in a rear-end collision in a Phoenix suburb caused by...
Deadline to File Claim in Massachusetts Natural Gas Disaster Approaching February 3, 2020 Officials are reminding Merrimack Valley residents that Friday is the deadline to file a claim in the $143 million class...
Distinguished Programs Promotes Somers to Regional Sales Executive February 3, 2020 Distinguished Programs, a national insurance program manager, has promoted Greg Somers to regional sales executive. He is based out of...
FBinsure Acquires Massachusetts’ Nimiroski Insurance Agency February 3, 2020 FBinsure has acquired the Nimiroski Insurance Agency, an independent agency located in Attleboro, Mass. Established in 1963, Nimiroski Insurance has...
Data Driven Business Models to Affect Entire Insurance Value Chain: Swiss Re Report February 3, 2020 Digital transformation empowers consumers to be more informed and independent, and equips insurers with the tools to develop new tailored...
W.R. Berkley Reports Underwriting Income Up, Catastrophe Losses Down January 31, 2020 W.R. Berkley Corp. reported that its gross premiums written grew by more than 10 percent in the 2019 fourth quarter,...