AM Best Withdraws Credit Ratings for Mt. Morris Mutual Following Downgrade July 24, 2024 By Ezra Amacher AM Best announced it has withdrawn credit ratings of Mt. Morris Mutual Insurance Company in Coloma, Wisconsin, less than a...
People Moves: Encova Insurance Names Shaver SVP, Small Business, and Lowe VP, Package Lines Underwriting July 24, 2024 Encova Insurance, headquartered in Columbus, Ohio, named Michelle Shaver as senior vice president, small business, commercial lines, and Carrie Lowe...
BHP Must Stop Funding Legal Action to Halt Mariana Dam Claim, London Court Rules July 24, 2024 BHP Group must stop funding legal action seeking to halt some Brazilian municipalities from bringing a multi-billion-pound claim over one...
AGs in 14 States Want FHFA to Drop Plan to End Title Insurance Requirements July 24, 2024 Attorneys general from 14 states, most of them in the South, are urging the Federal Housing Finance Agency to back...
New London-Based Specialty Reinsurer, Stability Re, Launched July 24, 2024 The Connect Group announced the launch of a London-based specialty reinsurer, Stability Re. This follows the formation in September 2023...
Jewelers Mutual Acquiring Union Life & Casualty Insurance Agency in Arizona July 24, 2024 Jewelers Mutual Group acquired Union Life & Casualty Insurance Agency in Phoenix, Arizona. JM Insurance Agency Partners Inc., a Jewelers...
Wife of Ex-Texas Trucking Magnate Sentenced in $9M Work Comp Fraud Scheme July 24, 2024 The wife of a former San Antonio trucking magnate was sentenced this month in a multi-million-dollar fraud scheme. Frances Hall,...
Fortune 500’s Insured Losses for CrowdStrike Could Reach $1 Billion: Parametrix July 24, 2024 The total direct financial loss facing the US Fortune 500 companies, excluding Microsoft, from the CrowdStrike outage on July 19...
Louisiana Businessman to Pay $1.3M Fine for Neglecting Elderly Residents During Ida July 24, 2024 By Kevin McGill A Louisiana businessman who sent more than 800 elderly residents from his seven nursing homes to ride out Hurricane Ida...
2 Boys Die, 6 Others Hurt, When SUV Overturns Into a Pond in North Dakota July 24, 2024 JAMESTOWN, N.D. (AP) — Two boys died when the SUV they were in crashed and ended up in a small...