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Amazon.com sued a U.S. labor board on Thursday, accusing it of illegally interfering in a union election at a New York City warehouse and claiming the agency’s structure violates the U.S. Constitution. The lawsuit filed in San Antonio, Texas, f...
Posted: Sep 06, 2024
Property and casualty insurer, Berkshire Hathaway Specialty Insurance (BHSI), has announced the promotion of Theresa Biedermann to Senior Vice President (SVP), Head of Commercial Lines (Public) and Financial Institutions Claims for Executive &...
Posted: Sep 06, 2024
Dish Network Corp., the ailing satellite-TV provider with more than $20 billion in debt, is in talks with a group of creditors to resolve a lawsuit tied to a controversial transfer of assets. A meeting between the company and investors …
Posted: Sep 06, 2024
Hershey urged a U.S. judge to dismiss a lawsuit claiming it misled consumers about several Reese’s peanut butter candies, using its request to level a broadside against what it considers baseless class action litigation over product packaging....
Posted: Sep 06, 2024
Four natural catastrophes over four weeks during Canada’s summer season have resulted in about five times the amount of claims than the 20-year average, reported the Insurance Bureau of Canada. About 228,000 home, auto and business insurance cl...
Posted: Sep 06, 2024
German automaker BMW is recalling electric Mini Cooper SE vehicles due to problems in their batteries, which could potentially affect more than 140,000 autos worldwide, a company spokesperson told Reuters on Monday. Around 39,000 vehicles could be af...
Posted: Sep 06, 2024
Sarasota-based FCCI Insurance Group will soon start writing excess and surplus lines across much of the country, the carrier announced this week. Florida, Georgia and Texas insurance agents can submit general liability and commercial excess business...
Posted: Sep 06, 2024
The New Hampshire Insurance Department (NHID) reports that it has approved a workers’ compensation rate proposal that will reduce voluntary loss costs by 5.6% on average. The new lower rates will apply to voluntary market policies effective on...
Posted: Sep 06, 2024
A Philadelphia appeals court has upheld the $43.5 award to former Philadelphia Eagles’ special teams player and captain Chris Maragos in his medical malpractice claim alleging that failed treatment of a knee injury ended his National Football L...
Posted: Sep 06, 2024
Members of the Farm Bureau Property & Casualty Group have seen a 30% drop in surplus through Q2’24 due to significant catastrophe losses, including a major hailstorm in May and a wildfire in June, leading AM Best to downgrade its Issuer Credit...
Posted: Sep 06, 2024
NFP acquired Scott Litman Insurance Agency in Calabasas, California. Scott Litman, president of SLIA, will join NFP as a senior vice president and report to Ed Kurowski, managing director, West region P&C. SLIA offers property/casualty insurance...
Posted: Sep 06, 2024
A Seattle, Washington construction company is facing more than $150,000 in fines for putting workers at risk. Washington State Department of Labor & Industries cited and fined Lane Construction Corporation in July for workers riding a crane lift...
Posted: Sep 06, 2024
A Seattle, Washington construction company is facing more than $150,000 in fines for putting workers at risk. Washington State Department of Labor & Industries cited and fined Lane Construction Corporation in July for workers riding a crane lift...
Posted: Sep 06, 2024
A cryptocurrency platform run by Robinhood Markets will pay $3.9 million to settle claims it failed to let customers withdraw cryptocurrency from their accounts from 2018 to 2022, California Attorney General Rob Bonta said. The civil settlement with...
Posted: Sep 06, 2024
A group of Atlantic City casino workers seeking to ban smoking in the gambling halls will launch an advertising campaign featuring their children in response to a judge’s rejection of a lawsuit that would have ended smoking in the nine …
Posted: Sep 06, 2024
Three gun shops that sold nearly three dozen firearms to a man who trafficked the weapons in and around Washington, D.C., are facing a new lawsuit jointly filed Tuesday by attorneys general for Maryland and the nation’s capital. At least …...
Posted: Sep 06, 2024
Texel Group, a specialist in credit and political risk insurance, has announced that Hélène Heas and Davis Ng have joined its Singapore office as brokers, and will report to Angela Chang, Managing Director of Texel Asia. Heas and Ng will play key...
Posted: Sep 05, 2024
Risks Too Big for Insurers Just Fed a $200B Market Boom in Capti...
Posted: Sep 05, 2024
Climate Losses Batter Insurers While Reinsurers Step Back As the planet warms and more natural di...
Posted: Sep 05, 2024
Lloyd’s Reports Best First-Half Underwriting Profit Since 2007 T...
Posted: Sep 05, 2024
New York City’s Biggest Taxi Insurer Is Insolvent, Risking Transit Meltdown In an unassuming wh...
Posted: Sep 05, 2024
What Happened to the Hurricanes? CSU Forecasts Septem...
Posted: Sep 05, 2024
The partnership enables Insurity to provide automated 24/7 guidance and support to claimants and policyholders, significantly enhancing operational efficiencies and reducing costs.
Posted: Sep 05, 2024
Scot Barton, Chief Product Officer, Carpe Data talks about how the workers’ comp insurer is using Minerva to underwrite on a larger scale with the same staff.
Posted: Sep 05, 2024
This post is part of a series sponsored by Selectsys. In today’s digital age, data is the lifeblood of the insurance industry. Accurate and efficient data extraction is crucial for streamlining operations, reducing errors, and enhancing decisio...
Posted: Sep 05, 2024
Education offering brings updated content and continuing education credits By Elisabeth Boone, CPCU The Target Markets Program Administrators Association recently unveiled a new professional designation and hosted a webinar to introduce the new offe...
Posted: Sep 05, 2024
Insurance Business Magazine - US
Posted: Sep 05, 2024
Insurance Business Magazine - US
Posted: Sep 05, 2024
Reconstruction Costs Continue to Rise, Verisk Report Shows Between July 2023 and July 2024, total...
Posted: Sep 05, 2024
U.S. Workforce Is Seen Expanding Just 0.4% a Year in Coming Decade The U.S. labor market is expected to...
Posted: Sep 05, 2024
Insurance Business Magazine - US
Posted: Sep 05, 2024
HBX Group will offer battleface insurance products in phases to its clients and partners.
Posted: Sep 05, 2024
The two companies plan to roll out the new streamlined quote and bind process to independent agents in additional states in the coming months.
Posted: Sep 05, 2024
The terms of the transaction were not disclosed.
Posted: Sep 05, 2024
Insights from the Target Markets Program Administrators Association By Gene Abbey and Sarah Ayars The expansion of the program marketplace and the growth of the Target Market Program Administrators Association (TMPAA) reflect a dynamic and evolving i...
Posted: Sep 05, 2024
Report Finds Grenfell Tower Was a ‘Death Trap’ Due to Government, Industry Failures A damning report on...
Posted: Sep 05, 2024