Report Says Growth of Private Flood Insurance Has Stagnated. Neptune Disagrees October 8, 2024 By William Rabb The head of one of the largest private flood insurance writers this week questioned an AM Best report that said...
Property/Casualty Insurance Stocks Slump on Hurricane Milton-Related Fears October 8, 2024 By Manya Saini U.S. property and casualty insurance stocks tanked on Monday after Hurricane Milton intensified into a category 4 storm on its...
Report Examines Migraine Drugs as a Potential Cost Driver in California Workers’ Comp October 8, 2024 Migraine drugs represent a small percentage of prescriptions dispensed to injured workers in California, but they make up a larger...
Supreme Court to Hear Challenge to Mexico’s Suit Against American Gun Companies October 8, 2024 By John Kruzel The U.S. Supreme Court agreed on Friday to hear a bid by U.S. gun maker Smith & Wesson SWBI.O and...
Utilities’ Extreme Plan to Stop Wildfires: Shut Off the Power October 8, 2024 By Mark Chediak A growing number of utilities are resorting to an extreme measure to prevent their equipment from sparking catastrophic wildfires: turning...
Inszone Acquires Schmoekel Insurance Agency in California October 8, 2024 Inszone Insurance Services acquired Schmoekel Insurance Agency Inc. in Sacramento, California. Founded in 1948 by Max Schmoekel, Schmoekel Insurance Agency...
People Moves: Coalition Appoints AIG’s Simonsen as European Head of Insurance October 7, 2024 Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, has appointed Tine Simonsen as the company’s head of...
AM Best Downgrades Credit Rating of Shelter Mutual October 7, 2024 AM Best has downgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a+” (Excellent) and affirmed the...
Bowen, Miclette & Britt Acquires Texas’ M Surety Services October 7, 2024 Bowen, Miclette & Britt Insurance Agency, LLC (BMB) has completed the acquisition of M Surety Services, a provider of contract...
MNK Group Launches Labuan, Malaysia-Based Reinsurance Unit October 7, 2024 MNK Group has launched a specialty reinsurance subsidiary in Labuan, Malaysia, called Pt Mekong Re. The business will offer flexible...