AM Best: Wildfires Intensifying California’s Property Insurance Troubles February 6, 2025 Wildfires are intensifying the problems in California’s property insurance market, according to a new commentary from AM Best. Those problems...
Hub Acquires Indiana’s The Rocchio Agency February 6, 2025 Hub announced that it has acquired the assets of John L. Kiley Agency, Inc. dba DAR The Rocchio Agency (The...
3 Children Die in Suburban Detroit House Fire Where No Smoke Alarms Were Found February 6, 2025 Three children died in a weekend house fire in suburban Detroit, authorities said. The siblings, a 16-year-old girl and two...
Clear Group Acquires Irish Broker Phelan Caswell Insurances February 6, 2025 The Clear Group, the London-based insurance intermediary, announced the acquisition of broker Phelan Caswell Insurances, based in Dublin, Ireland. The...
People Moves: SCOR Taps Allianz’s Schaefer as Global Head of Casualty & EIL, Succeeding Carerras; AXIS Promotes Cucciniello to Head of Primary Casualty February 6, 2025 This edition of International People Moves details appointments at SCOR and AXIS Capital Holdings. A summary of these new hires...
Insurance Groups Pushing Hard for Georgia Tort Reform as State Liability Costs Soar February 6, 2025 Georgia’s governor has asked state lawmakers for $175 million to cover the growing costs of liability claims against state agencies...
Citing Remote Worforce, Kingstone Insurance to Sell Headquarters to County February 6, 2025 Coming off its best year ever in 2024, Kingstone Companies, Inc., a Northeast regional property/casualty insurance holding company, announced that...
13 US P/C Companies Impaired in 2023: AM Best February 6, 2025 Thirteen U.S. property/casualty companies became impaired in 2023, 10 of which were placed into insolvent liquidation, according to an AM...
North Carolina Insurance Chief Reports Arrests in Deer, Storm Claims February 6, 2025 A Charlotte man has been arrested on a felony charge of insurance fraud for allegedly falsely claiming to an insurer...
NC Rate Bureau Wants 23% Hike in Auto Insurance Rates February 6, 2025 The North Carolina Rate Bureau, basing its filing on input from insurers in the state, has requested a 22.6% average...