Allstate to Sell Life Insurance Company to Blackstone for $2.8B to Grow in P/C January 27, 2021 By Susanne Sclafane The Allstate Corp. is selling Allstate Life Insurance Co. to entities managed by investment firm Blackstone for $2.8 billion. Explaining...
The Liberty Company Insurance Brokers in California Adds James January 27, 2021 The Liberty Company Insurance Brokers in Woodland Hills, Calif., has added Jessica James to the firm. James focuses on construction,...
Everest Re Cites Social Inflation for $400M Prior-Year Reserve Charge January 27, 2021 By Susanne Sclafane Everest Re is the most recent insurance and reinsurance company to announce catastrophe and COVID losses in advance of fourth-quarter...
Eurapco and B3i Introduce Unity, a Risk Transfer Service Built on Blockchain January 27, 2021 By Andrew G. Simpson What its creators say is the first global operational offering on blockchain infrastructure has been launched, enabling the transfer of...
Pandemic-Related Business Interruption, Cyber Top Business Risks for 2021: Allianz January 27, 2021 There was no escaping the coronavirus in 2020 and the pandemic will dominate the risk landscape again in 2021, according...
Auto Theft Jumped in 2020 January 27, 2021 By Andrew G. Simpson Auto theft appears to have increased considerably in 2020 compared to 2019, reversing two years of auto theft declines. A...
Oklahoma AG Seeks $1.8M from Vendor After Failed PPE Order January 26, 2021 State Attorney General Mike Hunter is seeking more than $1.8 million from a company he says owes that state after...
Kansas Governor Extends Pandemic Disaster Declaration January 26, 2021 Gov. Laura Kelly has signed a bill that extends the state’s disaster emergency declaration, allowing Kansas to continue to tap...
Texas Governor Urging Protections for Businesses from Virus-Related Lawsuits January 26, 2021 By Mitchell Ferman, The Texas Tribune Texas Gov. Greg Abbott said he is pushing state lawmakers to protect individuals and companies that opened businesses during the...
California Alerts Residents in Burn Areas About Flood And Mudslide Coverage January 26, 2021 California Insurance Commissioner Ricardo Lara is alerting residents to review their current insurance policies in the midst of a forecast...