Catastrophe-Bond Funds Suffered Virtually No Losses From Hurricane Milton October 25, 2024 By Gautam Naik After two weeks of number-crunching, it now seems clear that investors in catastrophe bonds emerged from Hurricane Milton relatively unscathed....
Washington Insurance Commissioner Issued Fines Totaling $302K October 25, 2024 Washington Insurance Commissioner Mike Kreidler issued fines totaling $302,500 against insurance companies, agents, brokers and unlicensed entities in July, August...
Maryland Lawmakers Approve Caps on High-Cost Prescription Drugs October 25, 2024 By Brian Witte A panel of Maryland lawmakers approved a plan on Tuesday to enable a state board to cap the price that...
Tracking Web Users Does Not Violate Wiretap Law, Massachusetts High Court Rules October 25, 2024 By Andrew G. Simpson A firm’s use of software that tracks users’ activity on its website does not violate a state law against wiretapping,...
McDonald’s Sued by Colorado Man Sickened in E. Coli Outbreak October 24, 2024 By Diana Novak Jones A Colorado man has filed what appears to be the first lawsuit against McDonald’s over an E. coli outbreak linked...
PCF Insurance to Rebrand as Trucordia With New Growth Strategy October 24, 2024 By Chad Hemenway Until now, PCF Insurance Services was focused on size and scale, with independently operated offices that may not have known...
People Moves: Grant Joins Alliant Midwest Team as SVP October 24, 2024 Rob Grant joined Alliant Insurance Services, headquartered in Irvine, California, as senior vice president and producer in the Chicago office...
Louisiana Senator: NFIP Reform Needed to Bring Down Flood Insurance Costs October 24, 2024 By Ezra Amacher Louisiana Senator Bill Cassidy released a report Thursday critical of the National Flood Insurance Program’s adoption of Risk Rating 2.0....
People Moves: Liberty Specialty Markets Promotes Mahida to Head of 3rd Party Claims UK & MENA; Howden Re Announces 4 Senior Appointments in Germany October 24, 2024 This edition of International People Moves details appointments at Liberty Specialty Markets and Howden Re. A summary of these new...
Feds Issue Ultimatum to Louisiana on $3 Billion Coastal Restoration Project October 24, 2024 By Jack Brook NEW ORLEANS, La. (AP) — Federal officials want to know if Louisiana remains committed to a nearly $3 billion planned...