Carolina Woman Charged with Using Mom’s Name to Get Policy, Filing Bogus Claim December 2, 2024 A North Carolina woman is set for a court appearance later this month after she was charged with filing a...
Outlook for US Commercial Insurance Segment ‘Stable’ as Profits Stay Strong: AM Best December 2, 2024 AM Best is maintaining its stable market segment outlook on the U.S. commercial lines insurance sector for 2025, due partly...
Aon Names McCabe Carolinas Market Leader December 2, 2024 Rebecca McCabe, with Aon since 2015, has been named Carolinas market leader, based in Charlotte. McCabe has recently served as...
Parts of New York, Pennsylvania Buried by Up to 4 Feet of ‘Lake-Effect’ Snow December 2, 2024 The governors of New York and Pennsylvania have declared disaster emergencies in areas hit with as much as three and...
West Haven Gains $1 Million From Insurance for Employees’ Theft of Covid Funds December 2, 2024 The Connecticut city of West Haven said it is being reimbursed more than $1 million from its insurer to cover...
British Columbia Can Mount Opioid Class Action, Canada’s Top Court Says December 2, 2024 The province of British Columbia can bring a class action lawsuit against pharmaceutical companies for opioid harms on behalf of...
Arthur J. Gallagher & Co. Acquires UK-Based Caytons Law December 2, 2024 Arthur J. Gallagher & Co. announced that its claims and risk management solutions subsidiary, Gallagher Bassett, has acquired the UK-based...
China’s ByteDance Seeks $1.1M in Damages From Ex-Intern in AI Breach Case: Report December 2, 2024 China’s ByteDance is suing a former intern for $1.1 million, alleging he deliberately attacked its artificial intelligence large language model...
Bank of England Finds Non-Bank Financial Firms Pose Wider Risks in Crisis Periods December 2, 2024 Non-bank financial institutions such as hedge funds remain vulnerable to a sudden financial shock and would not all be able...
Best Agency to Work For – Southeast Silver Winner: Energy Insurance December 2, 2024 The president of Energy Insurance Agency, an operation with a large presence in Kentucky, said it is “incredibly humbling” for...