Rivian Deepens Illinois Ties With $120 Million EV Supplier Park May 6, 2025 By Miranda Davis and Kara Carlson Rivian Automotive Inc. is investing $120 million in a new supplier park in Illinois, another win for Governor JB Pritzker...
People Moves: Encova Insurance Names Lingala EVP and CIO May 6, 2025 Encova Insurance, headquartered in Columbus, Ohio, hired Ramu Lingala as the successor to Tony Laska, executive vice president and chief...
Renewal Rates Continue Upward YOY for Most Commercial Lines: Ivans Index May 6, 2025 Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to first quarter 2025 results of...
People Moves: Aon Promotes Lyons to Bermuda CEO of Reinsurance; BHSI Appoints Munden to Lead New UK Programs Business May 6, 2025 Aon Promotes Lyons to Bermuda CEO of Reinsurance Insurance broker Aon plc announced that Amanda Lyons had been appointed CEO...
NYC Lost $9 Billion of Income to Miami, Palm Beach in Five Years May 6, 2025 By Michelle Kaske and Laura Nahmias A net 30,000 New Yorkers fled the city for Florida’s Palm Beach and Miami-Dade counties in the five years through...
Hurricane Forecasts Are Better Than Ever But NOAA Cuts Could Change That May 6, 2025 By Chris Vagasky The National Hurricane Center‘s forecasts in 2024 were its most accurate on record, from its one-day forecasts, as tropical cyclones...
Burger King Must Face Lawsuit Over Whopper Ads May 6, 2025 By Jonathan Stempel Burger King must face a lawsuit claiming it misleads customers with advertisements that make its Whopper sandwich and other products...
People Moves: Dunn Joins Marsh as US Construction Practice Leader; Canopius Appoints Varghese as Head of Marine, US May 6, 2025 Marsh, a business of Marsh McLennan headquartered in New York City, appointed Jim Dunn as U.S. construction practice leader. Based...
Lemonade Posts Q1 Loss on Wildfires, Spending; Auto Product Positioned to Grow May 6, 2025 By Chad Hemenway Insurtech Lemonade reported a first quarter 2025 net loss of about $62.4 million compared to a loss of $47.3 million...
People Moves: Mutual of Enumclaw Hires Otis as President and CEO May 6, 2025 Mutual of Enumclaw, hired insurance industry veteran Bob Otis as its new president and CEO. Otis has more than 30...