AIG General Insurance Underwriting Income Up 46% in Q2 August 7, 2025 Second quarter underwriting income in AIG’s General Insurance segment increased 46% compared with last year, to $626 million. The unit—North...
California Cannabis Grower Said 9 Employees Were Among Hundreds Detained in Raid August 6, 2025 California’s biggest legal marijuana grower said nine of its employees were detained in a federal immigration raid last month that...
New Hampshire Approves 6.1% Workers’ Comp Rate Cut for 2026 August 6, 2025 The New Hampshire Insurance Department (NHID) has approved an average 6.1% reduction in voluntary workers’ compensation loss costs effective January...
Texas Security Services Provider to Settle Sex Discrimination Lawsuit August 6, 2025 HSS Security, LLC, a company that provides security services to hospitals in Texas, will pay $35,000 and provide other relief...
Mercury Insurance and Safeco Insurance to Transition California Customers and Agents August 6, 2025 Mercury Insurance is partnering with Liberty Mutual Insurance on a plan to provide coverage for thousands of California Safeco Insurance...
Allstate to Pay About $500K on Georgia Claim Highlighted in Hearing, Senator Says August 6, 2025 Three months after a U.S. senator chastized Allstate for its response to a Georgia woman’s storm claim, Allstate has paid...
People Moves: Lloyd’s Appoints Flaquet From Hiscox as Chief Operating Officer; Arch Insurance International Hires Byford as Senior Contingency Underwriter August 6, 2025 This edition of International People Moves details appointments at Lloyd’s and Arch Insurance International. A summary of these new hires....
Highstreet Adds $550M in Growth Capital for Acquisitions August 6, 2025 Highstreet Insurance Partners announced with a new round of $550 million in capital to further its expansion and acquisition strategy....
Hiscox Agrees to Acquire US Specialist Insurtech August 6, 2025 Global specialist insurer Hiscox announced its agreement to acquire a specialist insurtech business focused on addressing the insurance needs of...
Hartford Flood Relief Program Gets $4.7 Million More to Meet Demand August 6, 2025 Connecticut has approved $4.7 million in new funding for a program that helps homeowners, businesses and tenants in the city...