A Pennsylvania husband and wife are not covered by their homeowners or personal umbrella insurance policies for claims they inflicted emotional distress by hiding the gun their son used to kill a friend and thus delaying discovery of the victim’s …
The Andover Companies, a long-standing mutual insurance group in the Northeast, is among the investors in Mereo Insurance, a Bermuda-based (re)insurance startup chaired by former AIG Executive Chairman and CEO Brian Duperreault. The Andover Companies closed its investment in Mereo …
Insurance companies have so far paid out more than $6.9 billion for losses from the biggest two of the Los Angeles-area wildfires that swept through the region and destroyed tens of thousands of homes last month. That’s according to the …
Southern California Edison’s equipment ignited nearly 60% more fires in 2024 than in the previous year, mainly tiny ones that were quickly extinguished, as the utility battled to prevent catastrophe in the months leading up to the Los Angeles wildfires. …
The National Association of Insurance Commissioners has selected Oklahoma City as the host location for their 2029 Spring National Meeting, Oklahoma Insurance Commissioner Glen Mulready announced this week. Commissioner Mulready and First Deputy Commissioner Brian Downs made a successful presentation …
A fire broke out at a transportation center next to the international airport in El Paso, Texas, on Tuesday, injuring five people and sending a large tower of black smoke billowing over the city on the U.S.-Mexico border. Authorities did …
A systemwide outage of Nebraska goverment computers shut down everything from the work of the Legislature to driver’s licensing offices for several hours Thursday. The state Office of the Chief Information Officer confirmed that the outage affected all state connections …
This edition of International People Moves details appointments at the broker BMS and the managing general agent DUAL UK. A summary of these new hires follows here. BMS Taps Howden Re’s Biddell as Managing Director and Head of London P/C …
Marcus Walker said the sexual abuse he experienced two decades ago as a teenager at an Illinois youth detention facility has haunted his life. After a staff member gave him drugs and sexually abused him, he joined a gang hoping …
A federal judge has dismissed the city of Boston’s lawsuit seeking to hold pharmacy benefit managers liable for the opioid epidemic. US District Judge Patti B. Saris ruled that the suit against the drug intermediaries was filed too late. The …
