Hanover Insurance Sees Profit Jump, Limited COVID Impact in Q2 July 29, 2020 The Hanover Insurance Group Inc. reported net income of $115.2 million in the second quarter of 2020, compared to $74.0...
COVID-19 Costs Push Chubb to $331M Loss in Q2 July 29, 2020 By Mark Hollmer The coronavirus pandemic has forced global insurer Chubb’s net income to plunge, and in the second quarter, fall to a...
Insurance Broker Acrisure Acquires Tulco’s Artificial Intelligence Insurance Business July 29, 2020 Insurance broker Acrisure announced that it has acquired artificial intelligence (AI) company Tulco LLC’s insurance practice with the aim of...
Hawaii’s Battle is Now Complacency Following Another Hurricane Near-Miss July 29, 2020 By Audrey McAvoy Hurricane Douglas joined a long list of hurricanes that have come near the Hawaiian Islands but didn’t cause major damage....
Moderate Aftershock of M7.8 Quake off Alaska Confirmed July 29, 2020 A moderate earthquake, an aftershock of last week’s magnitude 7.8 quake off the Alaska Peninsula, occurred in the same region...
Brown & Brown CEO Sees ‘Sporadic’ Economic Recovery Ahead After Own COVID Recovery July 29, 2020 By Andrew G. Simpson Insurance broker Brown & Brown, Inc. reported second quarter revenues of $598.8 million, an increase of $23.6 million, or 4.1%,...
Moped Sharing Firm Revel Halts New York Service After Second Reported Death July 29, 2020 Electric moped sharing service Revel said on Tuesday it was suspending service in New York after a string of accidents...
South Korea Investigates Suspected Safety Issues with Tesla Vehicles July 29, 2020 South Korea said it is investigating suspected safety issues with vehicles made by U.S. automaker Tesla Inc, which is competing...
Man Arrested in Connection with Delaware Church Fire Causing $250K in Damages July 29, 2020 A Delaware man has been accused of setting multiple fires inside a church sanctuary. The Delaware State Fire Marshal’s office...
First American Insurance Agency Acquires Massachusetts’ Morin & Foy July 29, 2020 First American Insurance Agency, an independent insurance firm, has acquired Morin & Foy, a property and casualty firm situated in...