Insurance News from October 25, 2019
National News
Profit Lessons in Commercial Auto, Workers Comp and Other Business
Progressive has a competitive edge over long-term players in the commercial auto...
International & Reinsurance News
Broker Gallagher Loses $12.8M Poaching Lawsuit in London Against Ardonagh
Insurance broker Arthur J. Gallagher Group lost a 10 million-pound ($12.8 million)...
Insurtech Funding Reaches $4.4 Billion to Date in 2019, Blowing Past Full-Year 2018
Reinsurance Fraud Triggers Stock Plunge in Lehman-Founded Hungarian Insurer
AXA to Sell Belgian Bank Unit to Crelan for $689.5M, Forms Bancassurance Deal
Ping An Q3 Profit Jumps 50% on Higher Investment Returns, Bank Income
East News
Massachusetts Sues Exxon for Misleading Investors, Consumers About Climate Change
The state of Massachusetts sued Exxon Mobil Corp on Thursday, accusing the oil giant of...
West News
California Braces for Biggest Blackout Yet as Massive Wildfire Burns
As wildfires rage and utilities race to restore power, the worst may be yet to come for...
Southeast News
Regulator Orders Further Decrease to Proposed Florida Workers’ Comp Rates
Florida businesses can expect an even greater decrease in workers' compensation...
Texas / South Central News
Insurer Group: Dallas Tornado Outbreak Costliest in Texas History
The nine tornadoes that hit the Dallas, Texas-area over the weekend have caused an...
Midwest News
Iowa Insurance Pool Board Rethinking Costly Out-of-State Meetings
Board members of an insurance program for Iowa's municipal governments are rethinking...