Virginia Governor Faces Decision on Bad Faith Bill Opposed by Auto Insurers March 13, 2024 By Andrew G. Simpson Property/casualty insurers are urging Virginia Gov. Glenn Youngkin to veto a “bad faith” insurance claims measure that they contend will...
Florida’s Heritage Insurance Reports Improved Bottom Line for Q4 and Year 2023 March 13, 2024 TAMPA, Fla. (AP) — Heritage Insurance Holdings Inc. (HRTG) on Monday reported earnings of $30.9 million in its fourth quarter,...
Cancer Clinics Face Cash Crunch After Hack Rocks US Health Care March 13, 2024 By John Tozzi, Riley Griffin and Ike Swetlitz Doctors across the US are stretching to keep their practices afloat as a debilitating cyberattack on a once little-known company...
Brown & Brown Acquires Assets of Northeast Dealer Services Firm, DealerMax March 13, 2024 Insurance agency Brown & Brown announced that its dealer services division has acquired the assets of DealerMax. DealerMax, founded in...
Novatae Acquires UK-Based Broker Bretton Woods International March 13, 2024 Novatae Risk Group announced that it acquired the Lloyd’s broker Bretton Woods International (BWI) of London. The transaction is subject...
Update: UK Insurer Direct Line Rejects Ageas’ Sweetened Buyout Proposal March 13, 2024 By Eva Mathews and Carolyn Cohn Britain’s Direct Line said on Wednesday it had rejected a revised 3.17 billion pound ($4.06 billion) takeover bid from Belgian...
UK Is Far From Climate Proof Due to Poor Planning, Officials Say March 13, 2024 By Olivia Rudgard and Laura Millan The UK has failed to prioritize climate adaptation to risks such as floods and heat waves, putting British citizens and...
Tesla, Rivals Get Low Marks for Automated-Driving Technology March 13, 2024 By Joseph White Tesla’s Autopilot and Full Self Driving technology and nine other assisted-driving systems marketed by major automakers received “poor” ratings from...
Hedge Fund That Rode Catastrophe Bond Rally Mounts Tactical Retreat March 13, 2024 By Gautam Naik A hedge fund that last year delivered its best result ever thanks to catastrophe bonds is now scaling back its...
US Natural Gas Pipeline Accidents Pose Big, Unreported Climate Threat March 13, 2024 By Nichola Groom Last October, an Idaho farmer using a backhoe punched a hole into a 22-inch pipeline buried under a field, sending...