Insurance News from September 18, 2023
National News
AM Best Revises US Homeowners Insurance Segment to Negative as Losses Persist
The U.S. homeowners insurance segment has been hit with three consecutive years of net...
International & Reinsurance News
Blockchain Analysts Suspect N. Korea-Linked Hackers Behind $70M Crypto Theft
Blockchain researchers say North Korea-linked hackers are likely behind a $70 million...
East News
Storm Lee Brings High Winds, Waves and Rain to New England
BAR HARBOR, Maine (AP) -- Atlantic storm Lee made landfall at near-hurricane strength...
West News
People Moves: Nordholm joins Mercury as Head of Technical Product
Mercury Insurance, headquartered in Brea, Calif., named Cameron Nordholm as its head of...
Southeast News
South Carolina Bars, Eateries Closing Down for Lack of Affordable Liability Coverage
Wanted in South Carolina: $1 million in liquor liability coverage at an affordable...
Texas / South Central News
Louisiana Prisoner Suit Claims They’re Forced to Endure Dangerous Conditions at Prison Farm
BATON ROUGE, La. (AP) – Men incarcerated at Louisiana State Penitentiary filed a...
Midwest News
WalkerHughes Receives Minority Investment From BW Forsyth Partners
WalkerHughes Insurance announced that it has received a strategic minority investment...