‘Catch-Up Care’ Helps Explain Rise in Employers’ Health Insurance Costs: Mercer December 14, 2021 By Amruta Khandekar Health insurance costs for employers rose the most in over a decade this year as Americans resumed non-urgent procedures delayed...
Confie Acquires Velox Insurance to Expand in Georgia Market December 14, 2021 Confie, a U.S. independent personal lines distributor, will acquire Velox Insurance as an affiliate to its nonstandard national brand, Freeway...
Maine Roofing Contractor Found Not Guilty in Death of Worker December 14, 2021 A jury has found that a roofing contractor in Maine is not guilty of workplace manslaughter for the 2018 death...
Jury Awards $1.7M to Massachusetts Teacher Who Alleged Discrimination December 14, 2021 A jury has found that school officials in Boston, Massachusetts, retaliated against a teacher for exercising his legal right to...
A.M. Best Affirms Ratings for The Concord Group Insurance Companies December 14, 2021 A.M. Best has affirmed the financial strength rating (FSR) of A+ (superior) and the long-term issuer credit ratings (long-term ICR)...
World Insurance Associates Acquires New Jersey’s E&K Insurance Group December 14, 2021 World Insurance Associates LLC (WIA) acquired E&K Insurance Group of Eatontown, New Jersey, on December 1, 2021. Terms of the...
Extreme Weather in 2021 Brings Above-Average Claims to Global Insurers: Swiss Re December 14, 2021 Extreme weather events in 2021, including a deep winter freeze, floods, severe thunderstorms, heatwaves and a major hurricane, resulted in...
AM Best Sees Tornado Losses as Manageable for Insurers December 14, 2021 Analysts at ratings firm AM Best said they expect the insured losses from the tornadoes that devastated central and southern...
Brit Pilots 1st Continuous Binder for Delegated Authorities, to Replace Annual Renewals December 14, 2021 Brit Ltd. announced it has piloted the first continuous binder at Lloyd’s for delegated authorities, which will go live in...
Insured Loss From Tornado Outbreak Estimated at $3 Billion by KCC December 14, 2021 The insured loss from the December 9-12 tornado outbreak that devastated parts of central U.S. has been estimated to be...