Applied Underwriters to Acquire UK Yacht Insurance MGA, Concept Special Risks February 4, 2021 Applied Underwriters announced it will acquire Concept Special Risks, a UK-based international managing general agent, which provides coverage for a...
Washington Farmers Suing Over Virus Rules for Migrant Workers February 4, 2021 Two farm groups are suing the state of Washington for failing to revise emergency regulations that seek to protect migrant...
National Fire Protection Association, State Farm Funding Wildfire Preparedness February 4, 2021 The National Fire Protection Association and State Farm have kicked off a funding awards application period for the eighth national...
Mosaic Launches Bermuda-Based Specialty Insurer, Along with Lloyd’s Syndicate 1609 February 4, 2021 Mosaic, a Bermuda-based global specialty insurer, has launched operations in Bermuda, London, the United States and Asia, along with a...
New York Regulator Issues Guidance for Insurers Writing Cyber Policies in the State February 4, 2021 By Elizabeth Blosfield The New York State Department of Financial Services (DFS) has issued new guidance spelling out best practices for New York-regulated...
Construction Worker Killed in New Jersey When Excavator Goes Into Waterway February 4, 2021 A construction worker was killed when the excavator he was operating fell into a waterway, leaving him trapped him inside...
Massachusetts Solar Farm Ordered to Pay $1M for Polluting Wetlands, River February 4, 2021 Owners of a solar energy farm in Massachusetts have reached a settlement with the state’s attorney general’s office to remediate...
Allstate Reports Net Income Rose 52% for Q4 February 4, 2021 Insurer Allstate reported improved auto underwriting results and strong investment returns for the fourth quarter 2020. Net income was up...
McKinsey to Pay $573 Million to States to Settle Opioid Claims February 4, 2021 By Nate Raymond Consulting firm McKinsey & Co. has agreed to pay at least $573 million to resolve claims by 40-plus U.S. states...
Commercial Insurance Prices Rose 22% in Q4, but Some Lines Began to Plateau: Marsh February 4, 2021 Global commercial insurance prices increased 22% in the fourth quarter of 2020, according to the Global Insurance Market Index released...