Wall Street Stock-Lending Platform Crashes in Ransomware Attack January 25, 2024 By Donal Griffin and Ryan Gallagher The criminal hacking gang LockBit said it was behind a ransomware attack that shut down some of the operations of...
Record Underwriting Income Highlights W.R. Berkley Q4 Results January 24, 2024 By Chad Hemenway Fourth quarter net income at W.R. Berkley Corp. increased 4% compared to the same period the prior year to about...
The Hartford to Discontinue Writing New Homeowners Policies in California January 24, 2024 The Hartford confirmed this week it will discontinue writing new homeowners policies in California. The carrier reportedly has less than...
Rice University Allocates $33M to Settle Antitrust Lawsuit Over Financial Aid Scheme January 24, 2024 By Ikram Mohamed, The Texas Tribune Rice University has set aside $33.75 million to settle an antitrust lawsuit filed against 17 prestigious private universities across the...
People Moves: Jewelers Mutual Makes Leadership Hires January 24, 2024 Jewelers Mutual Group, headquartered in Neenah, Wis., hired two new leadership team members. Nick Tenekedes is now senior vice president...
People Moves: Konchar, Mulcahy Named Regional VPs at Donegal; Ross Elected President The Insurance Library January 24, 2024 Donegal Insurance Group, headquartered in Marietta, Penn., named two new regional vice presidents. Wes Konchar will lead Donegal’s Marietta region,...
Missouri Department of Commerce and Insurance Returns Over $27M to Consumers January 24, 2024 Missouri consumers had more than $27.5 million returned from their insurance companies in 2023, the Missouri Department of Commerce and...
Progressive Q4 Net Income Up 141% as Combined Ratio Exceeds Goal for 2023 January 24, 2024 By Chad Hemenway Progressive Corp. today said fourth quarter 2023 net income jumped to nearly $2 billion compared to about $826 million a...
Patriot Growth, FBinsure Add 3 Rhode Island Agencies January 24, 2024 Insurance broker Patriot Growth Insurance Services and its partner insurance agency FBinsure of Taunton, Massachusetts announced that they recently added...
Tennessee Chalks Another Drop in Workers’ Comp Loss Costs January 24, 2024 Workers’ compensation loss costs in Tennessee will drop an average of 9.4% for the voluntary market starting March 1, marking...