AM Best Revises Randall & Quilter’s Credit Ratings After Brickell Purchase Terminated May 31, 2022 The credit ratings of Randall & Quilter Investment Holdings and its subsidiaries have been revised to under review, negative, from...
U.S. P/C Q1 2022 Underwriting Income Up 5%: AM Best May 31, 2022 AM Best reported Friday that first-quarter net underwriting income for the U.S. property/casualty industry rose 4.6% to $3.3 billion. Explaining...
Minneapolis to Pay $1.2 Million to People Injured During Floyd Protests May 31, 2022 The Minneapolis City Council has approved $1.2 million in legal settlements with two people injured by police during protests following...
Michigan Egg Producer to Pay $175,000 Over EEOC Lawsuit May 31, 2022 Konos, Inc., a Michigan-based egg producer, will pay $175,000 and provide other relief to settle a sex discrimination and retaliation...
Keystone Adds Texas’ Milam Felker Insurance Services May 31, 2022 Keystone, a participant-owned insurance agency network, added Milam Felker Insurance Services, Inc. of Odessa, Texas, to its growing network of...
Louisiana Restaurant to Settle $30,000 EEOC Lawsuit May 31, 2022 A Louisiana restaurant admitted that it violated federal law when it fired and then later refused to rehire a worker...
NTSB: Pilot Disorientation Likely Caused Fatal 2019 Louisiana Plane crash May 31, 2022 Pilot disorientation is listed as a probable cause of the 2019 small plane crash that killed five people in south...
Army Corps of Engineers Completes Post-Katrina Protections in Louisiana May 31, 2022 Seventeen years after Hurricane Katrina flooded New Orleans, the Army Corps of Engineers has completed an extensive system of floodgates,...
Ransomware Attacks Up More Last Year Than In Prior Five Years: Verizon May 31, 2022 Verizon released its 15th annual report on data breaches last week, finding that ransomware attacks increased by 13 percent in...
Cyber Insurance Premiums Up 27.5% to Lead All Lines in Q1: CIAB May 31, 2022 By Chad Hemenway According to The Council of Insurance Agents & Brokers’ (CIAB) Commercial Property/Casualty Market Index, capacity for cyber insurance may be...