Vermont Farms Still Recovering From Flooding As Growing Season Begins April 19, 2024 By Lisa Rathke Hundreds of Vermont farms are still recovering from last July’s catastrophic flooding and other extreme weather as they head into...
FBI Says Chinese Hackers Preparing to Attack US Infrastructure April 19, 2024 By Christopher Bing Chinese government-linked hackers have burrowed into U.S. critical infrastructure and are waiting “for just the right moment to deal a...
Allstate Reports $731M in Q1 Pretax Catastrophe Losses April 19, 2024 Allstate Corporation estimated pretax catastrophe losses of $731 million, with $328 million from the month of March. Six events contributed...
Liberty Mutual Insurance Continues Restructuring of Global Risk Solutions Unit April 19, 2024 Liberty Mutual Insurance announced strategic updates in its ongoing restructuring of Global Risk Solutions (GRS), the company’s global commercial and...
UK Finance Watchdog Plans on Diversity Targets a ‘Bad Idea,’ Minister Says April 19, 2024 By Huw Jones Plans by Britain’s financial regulator to require firms to set targets for improving diversity could be counterproductive, UK business and...
Time-Tested Loss Reserving Methods Challenged: AM Best April 19, 2024 Reflecting on one of the trends that surfaced as property/casualty insurers announced 2023 financial results recently, AM Best expects reserve...
Uncertainty Keeps Prices Up; No Prior-Year Loss Development: Travelers April 19, 2024 By Susanne Sclafane With its personal lines business benefiting from the impact of rate increases earning into the book, and the commercial lines...
People Moves: Slide Names Powell Sales VP; Garner Moves to Alliant SE April 19, 2024 Tampa-based Slide Insurance has named former Farmers Insurance vice president Charles “Chas” Powell to be senior vice president of sales....
Auto Insurer’s $10M Fraud Claims Against Doctors Are Subject to Arbitration, Court Rules April 19, 2024 A federal appeals court has sided with three chiropractors in ruling that claims under New Jersey’s personal injury protection statute...
People Moves: Risk Strategies Names Newman Private Client Services Leader for West Region April 19, 2024 Risk Strategies named Bryan Newman private client services leader for the West region. He will manage the region’s sales and...