National WSIA members elected Phillip McCrorie to serve as 2025-2026 WSIA Chair. McCrorie serves as CEO and chairman of RSUI. He joined the WSIA Board in 2021 and the executive committee in 2024. Others elected for one-year terms as officers …
The U.S. property/casualty insurance industry reported its first full-year underwriting gain in four years, fueling a jump in net income to $170 billion, according to a joint report from Verisk and The American Property Casualty Insurance Association (APCIA). The global …
Florida insurers, often on the receiving end of insureds’ complaints in the courts and in the news media, may take heart from a recent ruling by a Florida appeals court, which draws a bold line under insureds’ responsibilities after a …
Service Contractor Surety Bond Market Detail: RevBond writes an extensive line of surety products on A.M. Best Rated A- (Excellent) paper and is licensed in all 50 states. RevBond can support service contract needs by focusing on the small to …
A federal judge has awarded nearly $2 million in damages as part of a civil lawsuit after concluding an FBI agent was negligent when he fatally shot a kidnapped Texas man during a botched rescue attempt in 2018. The family …
The U.S. Chemical Safety and Hazard Investigation Board (CSB) released an update on its ongoing investigation into the fatal hydrogen sulfide release that occurred on October 10, 2024, at the PEMEX Deer Park Refinery in Deer Park, Texas. Two contract …
Brown & Riding, headquartered in Dallas, hired Robert Conyers Jr., to lead B&R’s environmental practice with Jeff Hubbard. With over eight years of industry experience, Conyers joined Brown & Riding in 2017 and was named a principal in 2023. In …
A Pennsylvania woman who sold part of her barn for use in a barn-rebuilding TV reality show now faces charges after investigators said she filed a fraudulent wind claim on the structure. Tracey Jeffreys, 63, of the Milton area, had …
Peak Reinsurance Co. Ltd., a Hong Kong-based global reinsurer, announced it was granted a reinsurance branch license in India. Peak Re has been authorized to write both property/casualty and life & health business, which the company said “marks a significant …
The Hanover, based in Worcester, Massachusetts, named Dick Lavey to the newly created role of chief operating officer, the property-casualty insurer said. Lavey has 35 years of experience in insurance and technology, including the past 19 years at The Hanover …
