Oil Executives Call for Cautious Return to Red Sea Navigation February 10, 2025 By Georgina McCartney and Sheila Dang Oil executives called on Thursday [Feb. 6] for a return to navigation through the Red Sea en route to the...
China Frees Possible $27 Billion From Insurers to Buy Gold February 10, 2025 By Bloomberg News A pilot program in China that allows insurers to buy gold for the first time could free up billions of...
China Asks Insurers to Manage Sufficient Capital and Liquidity Buffers February 10, 2025 China’s National Financial Regulatory Administration on Saturday issued guidelines for insurance groups to manage “concentration risks,” asking insurers to hold...
Viewpoint: Early Executive Actions by Trump Portend a Major Contraction at OSHA February 10, 2025 By Eric Conn and Darius Rohani-Shukla President Trump was sworn in for a second term the morning of January 20, and he spent the rest of...
NCDOI Fines UnitedHealthcare $3.4 Million Over Balance Billing of Insureds February 10, 2025 By William Rabb UnitedHealthcare of North Carolina has agreed to pay a $3.4 million fine and take action to improve claims handling and...
Florida OIR Approves Smaller Average Rate Increases for Citizens This Year February 10, 2025 By William Rabb Just as many Florida property insurers had hoped to see a boost to the private market with a maximum rate...
Viewpoint: How Will the California FAIR Plan Fare? What’s Next for Independent Agents? February 10, 2025 By Rene Swan If there is a single bright spot to be found in the aftermath of the costliest wildfire in California’s history,...
People Moves: IMA Names Empey President, Salt Lake City and Utah Market Leader February 10, 2025 IMA Financial Group named Kendall Empey president, Salt Lake City and market leader for Utah. Empey oversees employee benefits and...
Passengers Safely Evacuated When Fire Engulfs Train in Philadelphia February 9, 2025 Federal officials will investigate a commuter train fire in Philadelphia this week in which more than 300 passengers were safely...
UMass Pays Out $10K After Tiff With Insurer Over Student’s Prize for Half-Court Shot February 9, 2025 By Jimmy Golen UMass said it would pay a student the $10,000 prize for a halftime promotion at a women’s basketball game after...