MarketScout: 2024 Composite Personal Lines Rates Up 5.8%; Commercial Rates Up 3.8% January 7, 2025 According to the MarketScout Market Barometer, the composite rate for U.S. personal lines increased about 5.8% in 2024 — the...
Finland’s Elisa Says Baltic Undersea Cables Were Torn Apart by External Force January 7, 2025 By Isabelle Yr Carlsson Two undersea telecommunications cables that were damaged in the Baltic Sea on Dec. 25 appeared to have been torn apart...
UN Aviation Agency Investigates Reports of Possible Data Breach January 7, 2025 The United Nations’ civil aviation agency is investigating reports of a “potential information security incident” following a claim that tens...
Swiss Insurer Helvetia Said to Mull Sale of German Operations January 7, 2025 By Jan-Henrik Förster and Noele Illien Helvetia Holding AG is considering a sale of its loss-making German insurance operations, according to people familiar with the matter....
Did Florida Appeals Court Put the Final Nail in the AOB Coffin? Maybe January 7, 2025 By William Rabb Almost five years after Florida lawmakers clamped restrictions on assignment-of-benefits agreements and two years after they effectively outlawed AOBs altogether,...
Massachusetts High Court Upholds $20 Million Verdict Over Leg Amputation January 7, 2025 By Andrew G. Simpson The Massachusetts Supreme Judicial Court has upheld a $20 million jury award in a medical malpractice case that found three...
Delaware Personal Data Privacy Act Now in Effect January 7, 2025 The Delaware Personal Data Privacy Act, passed in 2023, went into effect at the beginning of this new year, granting...
Man Is Charged With Truck Arson While Out on Bail on Other Arson Charge January 7, 2025 A Maine man out on bail for an April 2024 arson charge has been charged with a new arson incident....
Former California Insurance Agent Convicted After Stealing $3.7M January 7, 2025 A former insurance agent plead guilty to stealing premium from a premium finance company. Formerly licensed insurance agent Tonja Van...
McDonald’s Retires Some Diversity Goals in Latest Corporate Retreat January 6, 2025 By Daniela Sirtori and Jeff Green McDonald’s Corp. is revamping its approach to diversity, equity and inclusion, becoming the latest large company to change its strategy...