Consumers’ Refusal to Keep Paying Higher Prices May Halt Inflation Spike August 14, 2024 By Christopher Rugaber The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping...
People Moves: Accredited Taps SCOR’s McMurdo to Lead UK, European Operations; Aon Promotes Barcock to Lead Aviation Reins., Admiral Stavridis Appointed to Board August 14, 2024 This edition of International People Moves details appointments at program manager Accredited UK & Europe and insurance broker Aon. A...
Georgia Investment Manager Charged with Siphoning $6M from GEICO August 14, 2024 By Insurance Journal Staff Reports A Georgia grand jury has indicted an investment manager, charging that he diverted almost $6 million from GEICO Insurance for...
What Latest Inflation Report Shows Overall and for Auto Insurance, Medical Costs August 14, 2024 The U.S. Bureau of Labor Statistics reported today that the Consumer Price Index (CPI) increased 0.2 percent in July, after...
Floods Threaten Europe as Searing Heat Gives Way to Storms August 14, 2024 By Eamon Akil Farhat and Paul Tugwell Extreme heat in parts of Spain and France is giving way to storms and flood warnings, while Greece is bracing...
An Estimated 290 Residences Damaged by Flooding From Lake Dammed by Alaska Glacier August 14, 2024 Roughly 290 residences in Alaska’s capital city were damaged last week by flooding from a lake dammed by the Mendenhall...
People Moves: Chubb Appoints Ohsiek, Hagan and Le to Key Finance Posts August 14, 2024 Chubb Appoints Ohsiek Chief Accounting Officer, Hagan CFO of Operations and Le as Chief Auditor Chubb made three executive appointments...
Texas Sues GM for Allegedly Collecting Drivers’ Data, Then Selling it to Insurers August 14, 2024 By Jonathan Stempel General Motors GM.N has been sued by the state of Texas, which accused the automaker of installing technology on more...
Tropical Storm Ernesto Drenches Puerto Rico on Path Northward August 14, 2024 By Brian K. Sullivan and Brian Wingfield Tropical Storm Ernesto pounded Puerto Rico with torrential rain and winds as it brushed by the island on a track...
Allstate to Sell Employer Voluntary Benefits Business to StanCorp for $2 Billion August 14, 2024 Insurer Allstate has agreed to sell its subsidiaries that provide employer voluntary benefits to StanCorp Financial Group (The Standard) in...