13 US P/C Companies Impaired in 2023: AM Best February 6, 2025 Thirteen U.S. property/casualty companies became impaired in 2023, 10 of which were placed into insolvent liquidation, according to an AM...
North Carolina Insurance Chief Reports Arrests in Deer, Storm Claims February 6, 2025 A Charlotte man has been arrested on a felony charge of insurance fraud for allegedly falsely claiming to an insurer...
NC Rate Bureau Wants 23% Hike in Auto Insurance Rates February 6, 2025 The North Carolina Rate Bureau, basing its filing on input from insurers in the state, has requested a 22.6% average...
Washington Insurance Agent Charged With Stealing $424K in Premiums February 6, 2025 A King County, Washington, judge issued a bench warrant a former Seattle insurance agent charged with stealing more than $400,000...
Designs for New Baltimore Bridge Unveiled Almost a Year After Deadly Collapse February 6, 2025 By Lea Skene Almost a year after the deadly collapse of Baltimore’s Francis Scott Key Bridge, Maryland officials on Tuesday unveiled their designs...
Startup Accused of Gouging LA Fire Victims on Rent February 6, 2025 By Robert Burnson and John Gittelsohn A venture capital-backed startup illegally jacked up rents for furnished apartments in Los Angeles — more than 50% in one...
People Moves: Coleman Assumes Role as WCIRB President and CEO February 6, 2025 The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) named Andrea Coleman as president and CEO. Coleman joined the WCIRB...
Uber Avoids Liability for Driver’s Assault on Passenger February 6, 2025 Uber Technologies “is not an insurer” and so when one of its drivers assaults a rider, the ride-hailing company is...
Allstate Q4 Income Up 30% Despite High Hurricane-Related Losses February 5, 2025 By Chad Hemenway Allstate Corp. fourth quarter net income applicable to common shareholders increased 30% to about $1.9 billion, and the insurer finished...
Hub Acquires Missouri-Based Lindenwood Agency February 5, 2025 Hub announced that it has acquired the assets of Lindenwood Agency, Inc. Terms of the transaction were not disclosed. Located...