PCF Acquires Asset Insurance Agency in Massachusetts August 15, 2024 Utah-based PCF Insurance Services reports it has acquired the insurance business of Asset Insurance Agency, based in Peabody, Massachusetts. Asset...
People Moves: Zurich Promotes Nolan to Head of Surety in US; Zink Joins Everest to Lead Specialty Underwriters August 15, 2024 Zurich Promotes Nolan to Head of Surety in US Zurich North America, headquartered in Schaumburg, Illinois, has promoted Chris Nolan...
FirstEnergy Corp. to Pay $20M to Settle Ohio Bribery Scheme August 15, 2024 The energy company at the center of a $60 million bribery scheme in Ohio will pay $20 million and avoid...
Pressure Mounts on Texas Regulator as ‘Zombie’ Oil Wells Spill Toxic Fluids August 15, 2024 By Valerie Volcovici PECOS COUNTY, Texas – On a sprawling ranch in Pecos County in late July, oil well control specialist Hawk Dunlap...
US Auto Insurers’ Strong Performance to Continue Through 2025: Fitch August 15, 2024 More favorable mid-year 2024 results of U.S. personal auto insurers are likely to continue through the end of 2024 and...
J&J Eyes Texas as Venue for Next Round of Baby Powder Fight August 15, 2024 By Jef Feeley and Damian Garde Johnson & Johnson was twice blocked in New Jersey from getting bankruptcy protection from one of its units to resolve...
UNC Launches Risk Management Institute with IAP’s Ursano Chair of Advisory Board August 15, 2024 The University of North Carolina at Chapel Hill announced it is launching an Institute for Risk Management and Insurance Innovation,...
Hundreds Able to Return Home After Fleeing Wildfire Along California-Nevada Line August 15, 2024 Hundreds of people were allowed to return home this week after being forced to flee a wildfire west of Reno...
Judge Bars Insurers From Going After Defendants Who Agreed to $4B Maui Wildfire Settlement August 15, 2024 By Jennifer Sinco Kelleher A Maui judge’s ruling resolves a critical roadblock to finalizing a $4 billion wildfire settlement: Insurance companies who have paid...
Karen Clark Puts Insured Losses from Debby at $1.4 Billion August 15, 2024 By Insurance Journal Staff Reports Hurricane Debby caused almost $1.4 billion in privately insured losses as it moved across the East Coast this month. That’s...