Hong Kong’s AIA Group Sells Nearly $10 Billion of Coal Investments December 7, 2021 By Denise Wee AIA Group Ltd. has sold off almost $10 billion of investments in coal mining and coal-fired power businesses as pressure...
Texas Windstorm Insurance Association Committee Recommends Willis Re for Reinsurance Broker December 7, 2021 The Texas Windstorm Insurance Association’s Actuarial & Underwriting Committee met on December 6 to review best and final offers from...
Minnesota Winter Storm Causes Hundreds of Car Crashes, No Fatalities December 7, 2021 Snowfall reached nearly 1 foot on Sunday, Dec. 5 in some parts of northern Minnesota. The Minnesota State Patrol reported...
People Moves: Sedgwick Pooling; Synapse Gets Energy December 7, 2021 Memphis-based Sedgwick, the national claims management and benefits firm, announced it had elevated two longtime officers to new positions. Micheon...
Renaissance Adds Another Florida Insurance Agency December 7, 2021 Hillcrest Insurance Agency in Mount Dora, Florida, is now part of the Renaissance Alliance, a network of independent agencies. Hillcrest...
Snowbirds Could Feel Chill: Citizens Revives Idea of Surcharge on 2nd Homes December 7, 2021 By William Rabb Citizens Property Insurance Corp. officials have spoken extensively about the need to depopulate the insurer’s rolls and reduce its dramatic...
Sackler Family Denies Scheme to Abuse Bankruptcy System and Avoid Liability December 7, 2021 By Maria Chutchian Members of the Sackler family on Monday said billions of dollars they collected from Purdue Pharma before the company filed...
Regulator Warns Banks That Ransomware Attacks Are Rising December 7, 2021 By Pete Schroeder A top U.S. banking regulator is cautioning firms to ensure they have robust policies to protect themselves from cyberattacks, saying...
Wisconsin Condominium Evacuated Due to Structural Issues December 7, 2021 A six-story condominium building that was the subject of resident complaints dating back to June 2020 has been evacuated in...
California Man Arraigned on 14 Counts of Insurance Fraud in ‘Paper Collision’ Scheme December 6, 2021 Farrukh Hussain, 37, of Eastvale, California, was arraigned on 14 felony counts of insurance fraud after allegedly stealing consumers’ identities...