Why Homeowners Insurers Are Unprofitable and What To Do About It: Aon October 8, 2024 A new report from insurance broker Aon reveals that the prospective return on equity (ROE) for diversified homeowners insurance carriers...
American Water Reports Cyber Incident; Shuts Down Customer Portal October 8, 2024 New Jersey-based American Water, which runs water treatment, transmission, wells and other water facilities for 14 states, has reported a...
Leader of Crew That Stole 500 Catalytic Converters Worth $2 Million Sentenced October 8, 2024 The leader of a regional organized theft crew, who orchestrated the thefts of catalytic converters from nearly 500 vehicles across...
Pro-Palestinian Activists Target UK Offices of Germany’s Allianz October 8, 2024 Pro-Palestinian activists targeted the British offices of German financial services firm Allianz on Tuesday, daubing the outside with red paint...
Report Examines Migraine Drugs as a Potential Cost Driver in California Workers’ Comp October 8, 2024 Migraine drugs represent a small percentage of prescriptions dispensed to injured workers in California, but they make up a larger...
Inszone Acquires Schmoekel Insurance Agency in California October 8, 2024 Inszone Insurance Services acquired Schmoekel Insurance Agency Inc. in Sacramento, California. Founded in 1948 by Max Schmoekel, Schmoekel Insurance Agency...
People Moves: Coalition Appoints AIG’s Simonsen as European Head of Insurance October 7, 2024 Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, has appointed Tine Simonsen as the company’s head of...
AM Best Downgrades Credit Rating of Shelter Mutual October 7, 2024 AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a+” (Excellent) and affirmed the...
Bowen, Miclette & Britt Acquires Texas’ M Surety Services October 7, 2024 Bowen, Miclette & Britt Insurance Agency, LLC (BMB) has completed the acquisition of M Surety Services, a provider of contract...
MNK Group Launches Labuan, Malaysia-Based Reinsurance Unit October 7, 2024 MNK Group has launched a specialty reinsurance subsidiary in Labuan, Malaysia, called Pt Mekong Re. The business will offer flexible...