Core Specialty to Purchase London Aviation Underwriters January 7, 2025 Core Specialty Insurance Holdings Inc. and its subsidiaries have agreed to purchase London Aviation Underwriters Inc. (LAU), in a stock...
1 Killed in Large Avalanche in Western Wyoming January 7, 2025 An avalanche killed one skier and injured another after the group they were in triggered the large snowslide while ascending...
Viewpoint: Innovation Enhances Brokers’ Growth and Profits January 7, 2025 By Travis Shank Boosting growth and profitability is a goal for all U.S. insurance agents and brokers, but until recently that has been...
Ryan Specialty to Acquire Nashville-Based Velocity Risk Underwriters MGU January 7, 2025 Ryan Specialty, a specialty insurance services firm and trading partner for agents and brokers, plans to acquire Nashville-based Velocity Risk...
Moody’s Global P/C Outlook Now Stable Despite Past-Peak Commercial Pricing January 7, 2025 By Susanne Sclafane Moody’s Ratings changed the sector outlook for the global property/casualty insurance industry to stable from negative last month, pointing to...
Asian American Venture Capitalist Accuses PayPal of Racial Bias in Minority Program January 7, 2025 By Jonathan Stempel PayPal has been sued by an Asian American businesswoman who accused the digital payments company of racial bias for restricting...
NHTSA Probing About 2.6M Tesla Vehicles Over Remote Driving Feature January 7, 2025 By David Shepardson and Akash Sriram The National Highway Traffic Safety Administration said on Tuesday it has opened a probe into 2.6 million Tesla vehicles in...
Old Republic Starts New Company for Cyber, Tech E&O January 7, 2025 Old Republic International Corp. said it is forming a new subsidiary for cyber and technology errors and omissions insurance products....
China Says 32 People Killed, 38 Hurt as Earthquake Hits Tibet January 7, 2025 By Phila Siu and Jing Li China said 32 people have been killed and another 38 were injured by an earthquake that struck its far western...
MarketScout: 2024 Composite Personal Lines Rates Up 5.8%; Commercial Rates Up 3.8% January 7, 2025 According to the MarketScout Market Barometer, the composite rate for U.S. personal lines increased about 5.8% in 2024 — the...