AIG Q2 Profit Falls on Higher Catastrophe Losses, Lower Private-Equity Returns August 4, 2020 By Suzanne Barlyn Insurer American International Group Inc. on Monday posted a 56% fall in quarterly adjusted earnings, spurred partly by higher catastrophe...
Judge Voids Parts of Trump Labor Rule Limiting Coronavirus Sick Leave Eligibility August 4, 2020 By Jonathan Stempel A U.S. judge on Monday voided parts of a Trump administration rule that restricted paid sick leave and emergency family...
McGriff to Consolidate South Florida Operations, Open Additional Branches August 4, 2020 Insurance broker McGriff will expand its southeastern Florida operations with a new headquarters office in Coral Gables and the opening...
New Value Insurance MGA Offering Non-Standard Auto in Alabama August 4, 2020 Value Insurance MGA, a new Birmingham, Ala., domiciled managing general agent specializing in non-standard auto insurance, is now offering a...
Isaias Regained Hurricane Strength Before Hitting Carolinas August 3, 2020 By Peter Szekely HATTERAS ISLAND, N.C., Aug 3, 10:26 PM — Isaias regained hurricane strength on Monday night just hours before it was...
Rule Requires Washington Insurers to Notify Consumers of Appeal Rights August 3, 2020 All insurers in Washington that take action against a policyholder must include information in the notices about the right to...
USI Insurance Services Acquires Colburn Group Insurance in Michigan August 3, 2020 USI Insurance Services has acquired Troy, Mich.-based Colburn Group Insurance. Terms of the deal were not disclosed. All of the...
New Mexico Reports 210 More Coronavirus Cases, 9 Deaths August 3, 2020 The number of confirmed coronavirus cases in New Mexico increased by 210 and deaths by nine on Saturday, state health...
Northern California Woman Pleads Guilty to Workers’ Comp Fraud and ID Theft August 3, 2020 Marlene Cavalcanti, 40, has pleaded guilty to two felony counts of insurance fraud and identity theft after falsifying documents to...
Mitchell|Genex Finalizes Deal for Coventry Workers’ Comp Services August 3, 2020 Claims and technology firm Mitchell|Genex has finalized its acquisition of Coventry Workers’ Comp Services in Downers Grove, Ill., from CVS...