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...
Baltimore Unveils Details of $45M Opioid Litigation Settlement With Walgreens October 7, 2024 Baltimore Mayor Brandon M. Scott has unveiled the terms of the settlement reached last month with Walgreens to resolve the...
People Moves: Walsh Joins Lockton as New England Market Leader October 7, 2024 Lockton, headquartered in Kansas City, Missouri, named Michael Walsh to the company’s Northeast region team as its New England market...
Suit Filed by California Vineyard Owner Fined $120K for Giving Free Housing to Employee October 7, 2024 A California vineyard owner is suing Santa Clara County after officials fined him for allowing his longtime employee to live...
Update on Helene Loss Estimates: CoreLogic Sees $10.5B-$17.5B Insured Loss October 7, 2024 Total insured loss from Hurricane Helene is now estimated at between $10.5 billion and $17.5 billion—a figure that continues to...
Auto Insurers Face Rising Repair Costs, EV and Tech Complexity in 2025: Report October 7, 2024 Amid inflation and labor shortages, the growing impact of electric vehicles (EVs) and rising repair costs, insurers and repairers will...
Nation’s Flood Insurance Program Is Making More Repeat Payouts October 7, 2024 By Matthew Griffin When Hurricane Helene barreled ashore last week, it caused devastating flooding across the southeastern U.S., including in the Shore Acres...
Employee at Louisiana Fertilizer Plant Dies in Accident October 7, 2024 DONALDSONVILLE, La. (AP) — An employee at a fertilizer plant in Louisiana died after getting injured in an accident at...
Hippo, Orion180 Expand Homeowner Offerings in Southeast October 7, 2024 Hippo, a publicly traded property insurance brokerage based in California, said it will expand its new homes insurance program in...
Long COVID Claims Still Impact California’s Workers Comp System, Report Shows October 7, 2024 The impact and surge of long-term COVID on the California workers’ compensation system since 2020 has been prevalent, including long-term...