CVC Completes Deal to Take Majority Investment in Dale Underwriting Partners December 18, 2023 Dale Underwriting Partners, the trading name for Dale Managing Agency’s Lloyd’s Syndicate 1729, announced that CVC has completed its investment...
Initial Insured Losses for Windstorm Ciarán (aka Emir) Estimated at €1.9B: PERILS December 18, 2023 Initial industry losses for extratropical windstorm Ciarán, also known as Emir, are estimated at €1.9 billion (US$2.1 billion), according to...
Update: London Marine Insurers Widen High Risk Zone in Red Sea as Attacks Surge December 18, 2023 London’s marine insurance market has widened the area in the Red Sea it deems as high risk after a surge...
Mission Accomplished: Allstate Announces Calif., NY, NJ Rate Approvals December 18, 2023 The departments of insurance in California, New York and New Jersey approved double-digit auto rate increases for Allstate in the...
Child Dies, Another Injured When Christmas Tree Catches Fire in NC Home December 18, 2023 WINSTON-SALEM, N.C. (AP) — One child was killed and another was injured when a Christmas tree caught fire in a...
Alera Group: Personal Insurance Outlook ‘Discouraging’ December 18, 2023 Unprecedented industry losses and unprofitability in homeowners and auto insurance will significantly impact pricing and availability in 2024, especially in...
Hurricane Season May be Over, but High Winds Still Lashing South Florida December 18, 2023 FORT LAUDERDALE, Fla. (AP) — It’s beginning to look at lot like … hurricane season — at least across much...
New York Fund Receives $7.75 Million After Workers’ Compensation Fraud Prosecution December 18, 2023 Law enforcement officials announced the final sentencing in their prosecution of an $18 million workers’ compensation fraud case and the...
Shipping Firms Avoid Red Sea as Attacks From Iran-Backed Houthi Militants Rise December 18, 2023 Iranian-backed Houthi militants in Yemen have stepped up attacks on vessels in the Red Sea to show their support for...
Minnesota Construction Contractor Faces $1.8 Million in OSHA Penalties December 18, 2023 Despite signing a 2021 settlement agreement with the U.S. Department of Labor that included a promise to protect its employees...