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Markets/Coverages: Hub Targets Nonprofits; Ryan Tackles Auto Excess With Axsal; Trisura and HSB Back At-Bay Cyber

May 20 2022 // Hub Launches Nonprofit Specialty Practice Insurance broker Hub International, with decades of experience in the sector, has launched a nonprofit specialty practice to serve the risk management, insurance and human capital...

Insurers Too Late for Subrogation in Auto Parts Price-Fixing Case, Court Rules

May 20 2022 // Insurers waited too long to intervene in anti-trust litigation that brought settlements requiring dozens of auto parts manufacturers to pay a total of $1.2 billion to resolve price-fixing allegations, a panel of the U.S....

Central Japan Water Leak Threatens Operations at Auto, Power Companies

May 18 2022 // A major water leak in central Japan on Wednesday disrupted supply to more than 130 businesses near the production center of Toyota Motor Corp. The accident in Japan’s manufacturing heartland threatened interruptions...

Michigan Governor: Last of $400 Auto Refunds Issued

May 11 2022 // Michigan Gov. Gretchen Whitmer announced this week that auto insurers should have issued the last of $400 per eligible vehicle insurance refunds by May 9 and that any residents who have not received their refund should...

Florida, Louisiana Ranked Highest for Auto Insurance Costs

May 11 2022 // It’s not just homeowners insurance costs that are high in Florida. A new report shows that Floridians continue to pay some of the largest auto coverage premiums in the country. The BankRate 2022 report shows that the...

Armored Car Company Settles California Suit over $1 M Pot Sale Seizures

May 9 2022 // An armored car company has settled its lawsuit that accused the San Bernardino County sheriff of illegally seizing over $1 million in cash it was transporting from medical marijuana businesses in California. The settlement...

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