Insurance Pricing: True D&O Buyer’s Market; Stabilized Commercial Auto January 10, 2023 By Susanne Sclafane Insurance brokerage USI is forecasting that half of 32 commercial insurance product lines analyzed will experience softer pricing in the...
Root Investigating at Least $9.5M Unauthorized Payments by Former Employee January 10, 2023 By Elizabeth Blosfield Technology company Root Inc., the Columbus, Ohio-based parent company of Root Insurance, is conducting an internal investigation into a series...
Alera Group Continues SE Expansion with Sutter McLellan Agency in Georgia January 10, 2023 Alera Group, a national property insurance and benefits firm, has acquired Atlanta area-based Sutter, McLellan & Gilbreath, a full-service agency....
Pennsylvania Gov. Wolf Seeks Child Sex Abuse Claim Window January 10, 2023 By Mark Scolforo ]Pennsylvania’s new state House speaker declared Friday that no other legislation will pass his chamber until it approves a constitutional...
Catholic Diocese Challenges Maine Law Allowing Older Sex Abuse Claims January 10, 2023 By David Sharp PORTLAND, Maine (AP) — The Roman Catholic Diocese of Portland is challenging a Maine law that eliminated the statute of...
Boston Subway Operator Investigated in Crash Says He Blacked Out January 10, 2023 The operator of a light rail train that struck the rear of another train in the Boston area in the...
Utility Finds No Gas Leaks Near Explosion That Destroyed 3 Philadelphia Homes January 10, 2023 Utility officials say they found no natural gas leaks in the vicinity of an explosion that left three homes destroyed...
Hurricanes and Floods Bring $120B in 2022 Insurance Losses: Munich Re January 10, 2023 By Tom Sims and Alexander Hübner Hurricane Ian in the United States and floods and Australia helped to make 2022 one of the costliest years on...
No Coverage for Food Plant’s $2M Cost to Avoid Shutdown, Potential BI Claim January 9, 2023 By Jim Sams Ken’s Foods would likely have filed a $10 million business-interruption claim had it not spent $2 million to upgrade its...
People Moves: McGriff Appoints 2 Leaders for Texas Operations January 9, 2023 McGriff Appoints Two New Leaders for Texas Operations McGriff, headquartered in Charlotte, North Carolina, has hired two insurance industry veterans...