Insurance News from June 15, 2023
National News
Allstate Announces May Catastrophe Losses, Auto Rate Hikes
Allstate Corp. today released estimated catastrophe losses for the month of May of $885...
International & Reinsurance News
Generali Agrees to Acquire Liberty Mutual’s European Units for $2.5 Billion
Assicurazioni Generali SpA has agreed to acquire a group of European businesses from US...
East News
Judge Gives Erie Insurance, Maryland Regulator 60 Days to Resolve Rift Over Bias, Document Disclosure
A judge has given Erie Insurance and the Maryland insurance regulator 60 days to settle...
West News
PacifiCorp Could Owe Billions After Jury Verdict in Devastating Oregon Wildfires
A jury in Oregon this week found the electric utility PacifiCorp responsible for...
Center for Insurance and Risk Management Opening in Nevada University
Oregon Jury: PacifiCorp Must Pay Punitive Damages for Fires, Plus Award That Could Reach Billions
People Moves: Mangapit Named President of Pinnacle Claims Management in California
Insurance Agent Group Has Issues with California Commissioner’s Briefing
Southeast News
Insurer Avoids Dog Bite Claim Brought by Homeowner Selling Firearms Out of Garage
Nationwide General Insurance has avoided payment of a dog bite claim filed by a...
Texas / South Central News
ALKEME Acquires Texas’ Daugherty Insurance Group
ALKEME announced the acquisition of the Daugherty Insurance Group, a Sugar Land, Texas-...
Midwest News
First MainStreet Adds Four Agencies in Iowa
First MainStreet Insurance L.C. (FMSI), an affiliate of TrueNorth Companies L.C.,...