If Florida’s insurance market needed more indication that 2022 legislative reforms have made a big difference in the cost of doing business in the state, one of the biggest names in reinsurance has provided it. […]
Georgia’s highest court on Tuesday sided with Black landowners in a fight over zoning changes that weakened long-standing protections for one of the South’s last Gullah-Geechee communities founded by freed slaves. The state Supreme Court […]
California Insurance Commissioner Ricardo Lara appointed Veronica Saldaña as the newest member of the California Organized Investment Network advisory board and Jason Meyerson to the curriculum board of the California Department of Insurance. COIN was […]
Protecdiv Promotes DelaCruz to EVP. Head of Analytics Insurance and reinsurance brokerage Protecdiv, headquartered in Philadelphia, Pennsylvania, promoted Cate DelaCruz to executive vice president and head of analytics at Protecdiv. DelaCruz joined Protecdiv as senior […]
For the third time in less that two and one-half years, a western Pennsylvania insurance agent is facing charges regarding fraudulent business practices — this time for deceiving a long-time insurance customer into investing more […]
AM Best revised the outlook for Golden Bear Insurance Company from stable to negative, while the ratings agency affirmed the carrier’s Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” […]
A former New Jersey insurance adjuster has been charged with creating and submitting phony claims, approving them himself, and directing nearly $200,000 in payments to bank accounts he controlled. John Philbin, of Clementon, has been […]
Private credit could be a “meaningful” transmission channel during the next crisis, amplifying a systemic shock to the financial system with negative repercussions for a broad range of investors, according to Fitch Ratings. The fast-growing […]
Chinese hackers breached email servers of foreign ministers as part of a years-long effort targeting the communications of diplomats around the world, according to researchers at the cybersecurity firm Palo Alto Networks Inc. Attackers accessed […]
Unless Congress reaches a compromise on funding by midnight, there will be no budget and the government will shut down—sending out waves of implications that will disrupt the insurance industry, according to AM Best. “The […]
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