Hub Acquires Stop Loss Brokers in Massachusetts July 27, 2022 Global insurance broker HUB International Limited (Hub) reported that it has acquired the assets of Stop Loss Insurance Brokers, Inc....
Slump in Auto Sales Leads to Outlook Downgrade for Discovery Insurance in Carolina July 27, 2022 AM Best financial rating service announced it has downgraded the outlook for North Carolina-based Discovery Insurance Co., from stable to...
Pennsylvania’s Auto Insurance ‘Regular Use’ Exclusion Faces State High Court Scrutiny July 27, 2022 By Andrew G. Simpson The Pennsylvania Supreme Court has agreed to consider a case that could limit application of the “regular use exclusion” in...
People Moves: Acrisure Re Hires Carpenter’s Furlong; HDI Global Specialty Promotes Button for Distribution & Biz Devel.; Tokio Marine Names Former QBE Exec for Board July 27, 2022 This edition of International People Moves details appointments at broker Acrisure Re and two insurers: HDI Global Specialty and Tokio...
UK Insurers, Banks Risk Fines Under New Reforms Unless They Put Customers First July 27, 2022 By William Shaw Financial firms may be fined and stripped of their regulatory authorization unless they put their customers’ needs first under far-reaching...
Woman Pleads Guilty in Louisiana Staged Auto Collision Scheme July 27, 2022 United States Attorney Duane A. Evans announced that Stacie Wheaton, age 51, of Fairburn, Georgia, pled guilty on July 21,...
Powerful 7.1 Magnitude Quake Hits Philippines, Killing at Least 4 July 27, 2022 By Neil Jerome Morales and Karen Lema A powerful 7.1 magnitude earthquake struck the northern Philippine island of Luzon on Wednesday killing four people, damaging buildings and...
Natural Disasters Cost Insurers $39B During H1 2022, 18% More Than Average: Aon July 27, 2022 Insured losses from global natural disaster events were estimated at $39 billion during the first half of 2022, 18% higher...
Michigan Jury Gets Flint Water Case About Liability for Engineers July 27, 2022 Jurors heard closing arguments last week in the only trial to arise thus far from the Flint water crisis, a...
Officials Investigate Missouri Theme Park Worker’s Death July 27, 2022 An employee of Silver Dollar City near Branson, Missouri has died from head injuries while working at the park, federal...