Technology, talent and diverse sources of capital continue driving growth for managing general agencies and other delegated underwriting authority enterprises globally, according to AM Best, which assigned a positive outlook to the delegated underwriting authority enterprise (DUAE) sector Monday. The …
If Florida lawmakers had any doubts about what reforms they need to consider at next week’s special legislative session, the Florida Chamber of Commerce’s Insurance Summit on Tuesday provided plenty of ideas. And most of the panel members expressed optimism …
Retail pharmacy Walmart, Inc. has agreed to pay $500,000 to Massachusetts after allegedly failing to follow the state’s prescription pricing procedures designed to keep costs down in the workers’ compensation insurance system, Attorney General Maura Healey announced. As a result …
Ludovic Michaud was driving around the scenic red rock landscapes of Utah’s Arches National Park on a windy spring day in 2020 when something unthinkable happened: A metal gate whipped around, sliced through the passenger door of his car and …
Florida legislative leaders posted a proclamation Tuesday painting the broad outlines of the special session scheduled to begin Monday, Dec. 12. And it quickly had tongues wagging around the industry. As expected, the proclamation from Sen. President Kathleen Passidomo and …
CHICAGO (AP) – Twelve people were hospitalized after a carbon monoxide leak at a church on Chicago’s South Side, fire officials said. The Chicago Fire Department said that just after 1 p.m. it was called to the New Philadelphia Church …
A family seeking $33 million in economic damages for alleged brain injuries caused by exposure to carbon monoxide must submit to a battery of neuropsychological tests by the defendant’s doctor, the Texas Supreme Court ruled. The high court on Friday …
The legislative session is more than a month away, but fault lines are already emerging between Texas’ top two Republican leaders on two major issues. Both Gov. Greg Abbott and Lt. Gov. Dan Patrick want to use the state’s massive …
Apple Inc. has been sued by two women who said its AirTag devices have made it easier for their former partners and other stalkers to track down victims. In a proposed class action filed on Monday in San Francisco federal …
Apparently nothing has changed within the last several months to change AM Best’s negative outlook on the U.S. personal lines insurance segment. Tuesday the insurance industry rating agency said it was maintaining its view, first revised in September, primarily because …
