Swedish Insurer Folksam Divests $160 Million Tesla Stake April 2, 2025 Sweden’s largest insurer Folksam said on Wednesday it has sold its stake in electric car maker Tesla over concerns about...
North Carolina Commissioner Settles Mobile Home Rate Increase at 11% April 2, 2025 North Carolina Insurance Mike Causey said Tuesday that he had negotiated a lower average rate increase for mobile home policies...
AM Best Reviews Westminster American Following Return of Previous Owner April 2, 2025 AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of A- (Excellent) and...
People Moves: JM Wilson Promotes Staruch, Dodd and Ladik and Re-Hires Snyder-Knutson; Huntington Hires Weaver as Senior Director of P&C April 1, 2025 JM Wilson Promotes Staruch, Dodd and Ladik and Re-Hires Snyder-Knutson JM Wilson, headquartered in Portage, Michigan, Natalie Staruch was promoted...
WTW Acquires Michigan’s Global Commercial Credit April 1, 2025 WTW announced the acquisition of Global Commercial Credit, LLC (GCC) into Willis, a WTW business. This strategic acquisition will accelerate...
People Moves: The Hartford Expands Roles of Tech Leadership; Everest Appoints Fobert to Lead US Retail Casualty April 1, 2025 The Hartford of Hartford, Connecticut said Shekar Pannala was named the company’s chief information officer and leads technology, as well...
Data Insight: Who’s Growing in Personal Lines? April 1, 2025 A relative newcomer to the personal lines space—Lemonade—marked a milestone this week, announcing that it surpassed $1 billion of in...
California Bill Would Require Insurers to Notify Property Owners of Aerial Inspections April 1, 2025 A California bill requiring insurers to provide a notice to homeowners before conducting an inspection with aerial imaging is set...
Vegas Casino Fined $10.5M in Case With Ties to Bookmaker of Ohtani Interpreter April 1, 2025 Nevada gaming regulators have issued a $10.5 million fine against the Resorts World casino on the Las Vegas Strip over...
RYZE Acquires Missouri’s Acorn Claims March 31, 2025 RYZE Claim Solutions, a full-service claims management provider, announced its acquisition of Acorn Claims, a Springfield, Missouri-based firm specializing in...