Spike in Recent Ratings Downgrades Shows Challenges for US Insurers March 18, 2024 Negative ratings actions and financial challenges are forcing carriers to explore reinsurance options offering needed capital, according to a report...
Family Dollar to Pay $41M Over Rodent-Infested Distribution Center March 18, 2024 Family Dollar agreed to pay $41.7 million for holding food, drugs, medical devices, and cosmetics under insanitary conditions at company’s...
People & Places March 18, 2024 National AXA XL named Michelle Chia as chief underwriting officer for cyber in the Americas. Based in New York, Chia...
People Moves: Moscowitz New COO at RT Specialty; Williams to Lead Nationwide’s Small Market Commercial Lines March 15, 2024 Moscowitz New COO at RT Specialty RT Specialty promoted Marissa Moscowitz to chief operating officer. Moscowitz has over 15 years...
Lockton Partners With Food Science Specialist to Mitigate Risk in Food & Drink Sector March 15, 2024 Insurance broker Lockton announced a collaboration initiative with the food science company Campden BRI, a leading food science company, to...
Dollar Tree Down Most Since May on Plan to Shut 1,000 Stores March 15, 2024 Dollar Tree Inc. plans to shutter about 1,000 stores in an effort to improve profitability as the discount retailer battles...
Hamilton Insurance Group Sponsors Catastrophe Bond Easton Re March 15, 2024 Hamilton Insurance Group Ltd., the Bermuda-based re/insurer, announced the sponsorship of a new catastrophe bond through the issuance of Series...
Worker Caught in Conveyor Belt at Georgia Plant While Retrieving Earbuds March 15, 2024 An investigation is underway after a worker at a golf cart manufacturer in Georgia was caught in a conveyor belt...
Smartphone Screen Repairs Surge to $8.3B in 2023: Allstate Protection March 15, 2024 While smartphone use is rising, fewer phones are suffering damage that requires repairs or replacement. Good thing, because users can...
Texas Cities Grow Fastest in US as NYC Keeps Losing People March 15, 2024 Texas cities dominated the list of US metro areas with the biggest population increase last year, claiming four spots in...