Florida’s HCI Group Rebounds: Q3 Profit, Fewer Policies, Lower Litigation Costs November 9, 2023 By Insurance Journal Staff Reports Tampa-based HCI Group, the holding company for Homeowners Choice and TypTap property insurance companies, reported a $15.7 million net income...
GM’s Cruise Recalling 950 Driverless Cars After Pedestrian Dragged in Crash November 9, 2023 By David Shepardson Cruise is recalling 950 driverless cars from the roads across the United States following a crash involving one of its...
Lawsuit on West Virginia Jail Conditions Has Been Settled November 9, 2023 CHARLESTON, W.Va. (AP) — A lawsuit filed by inmates who described conditions at a southern West Virginia jail as inhumane...
Applied Underwriters Unveils Specialist MGA Unit, Led by Ex-SiriusPoint CEO Malloy November 9, 2023 By L.S. Howard Applied Underwriters has launched a new holding company called “United Risk,” which brings together the company’s MGA and MGU businesses...
Reporter Arrested During Protest Will Receive $700K From Los Angeles County November 9, 2023 A radio reporter taken into custody while covering a demonstration the night two sheriff’s deputies were shot three years ago...
Shell Sues Greenpeace for $2.1 Million After Activists Boarded Oil Production Vessel November 9, 2023 By Shadia Nasralla Shell is suing Greenpeace for $2.1 million in damages after the environmental group’s activists boarded the company’s oil production vessel...
FTX Founder Bankman-Fried Drops Excess D&O Coverage Spat With CNA Unit November 9, 2023 By Chad Hemenway Several days after he was found guilty of one of the biggest financial frauds on record, FTX founder Sam Bankman-Fried...
People Moves: Ardonagh Specialty Taps Gallagher Re’s Marsh as Deputy CEO of Bermuda, Inver Re’s Head of Retro; Aon Merges UK and EMEA, Naming Page as CEO November 9, 2023 This edition of International People Moves details appointments at brokers Ardonagh Specialty (and its reinsurance unit Inver Re) and Aon....
Democrats Preserve Majority With Win in Pennsylvania Supreme Court Race November 9, 2023 By Marc Levy Democrat Dan McCaffery won an open seat on Pennsylvania’s Supreme Court in Tuesday’s general election, preserving a strong Democratic majority...
Nearly 1M Chickens Will be Killed on a Minnesota Farm Due to Bird Flu November 9, 2023 By Josh Funk Nearly 1 million chickens on a Minnesota egg farm will be slaughtered to help limit the spread of the highly...