AM Best: US P/C Industry Records $1.1B Underwriting Loss for Q1 June 9, 2025 Growth in net earned premiums during the first three months of 2025 was offset by losses and expenses, resulting in...
Michigan Marijuana Store to Pay $205K to Settle a Workers’ Lawsuit Over Lost Tips June 9, 2025 A judge approved a deal Friday to try to solve a major buzzkill: Employees at a Michigan marijuana dispensary chain...
Erie Insurance Dealing With Network Outage Affecting All Systems June 9, 2025 Pennsylvania-based Erie Insurance on Sunday reported it is experiencing a “network outage that is affecting all systems.” Customers are unable...
Insurtech Slide Targets $2B-Plus Valuation in IPO June 9, 2025 Insurance tech company Slide is aiming for a valuation of up to $2.12 billion in its U.S. initial public offering,...
Howden Acquires Peruvian Reinsurance Broker Innova Re June 9, 2025 Howden, the London-based insurance intermediary group, announced it has acquired Innova Re, a market leading, independent reinsurance broker headquartered in...
22 Rescued From Boat on Fire in Long Island Sound June 9, 2025 New York first responders rescued 22 people Saturday evening from a boat on fire in the waters near City Island...
Fire Damages 40 Buses at Philadelphia Transit Lot June 9, 2025 A fast-moving fire erupted early Thursday at a transit bus lot in Philadelphia and burned dozens of decommissioned vehicles, sending...
Jury Awards California Prosecutor $3M After She Says She Was Forced From Position June 9, 2025 A jury in California awarded more than $3 million in damages to a former Orange County prosecutor who alleged the...
Hub International Acquires Wycoff Insurance Agency in Washington June 6, 2025 Hub International Ltd. acquired the assets of Wycoff Insurance Agency Inc. in Mount Vernon, Washington. Wycoff Insurance will be referred...
Homeowners Suing USAA and AAA Insurers Over LA Wildfires June 6, 2025 Some homeowners who lost their homes in the Los Angeles wildfires have filed lawsuits against three large insurers over claims...