Although economic uncertainty could affect insurers in the near to midterm, the workers’ compensation line continues to be a key driver of the profitability of the entire property/casualty insurance industry even as workers’ compensation prices […]
The U.S. government sued Southern California Edison to help restore National Forest System lands burned in the Saddleridge wildfire near Los Angeles in 2019. Tuesday’s lawsuit seeks damages for fire suppression costs and rehabilitation stemming […]
There are no $1 million giveaways to voters, cheesehead hats or even candidate debates. Elon Musk is nowhere to be found. Yet the stakes in the Pennsylvania election this fall are very much the same […]
A lawmaker is calling on Insurance Commissioner Ricardo Lara to resign in the wake of investigation that he allegedly used taxpayer dollars to take luxurious trips. The Fair Political Practices Commission is looking into a […]
Ned Gaines was named commissioner of the Nevada Division of Insurance. Gaines, who has served as commissioner in an acting capacity since July 2, was named to the role by Department of Business and Industry […]
President Donald Trump said 25% duties on medium- and heavy-duty trucks would begin Nov. 1, the latest expansion of his tariff regime aimed at protecting domestic industries. The proposal has been subject to an intense […]
Mergers and acquisitions (M&A) are rarely simple. Even in buoyant deal environments, uncertainties around valuation, regulatory approval, or contingent liabilities can derail negotiations at the eleventh hour. Over the past decade, transactional risk insurance has […]
It’s often insureds who come to Florida from Canada before winter sets in. But this week, it’s an Ottawa-based insurance brokerage that has moved into the Sunshine State with the acquisition of a Cape Coral […]
Honeywell said on Wednesday that it has divested all of its Bendix asbestos liabilities, as well as certain non-Bendix asbestos liabilities, to corporate liability acquisition platform Delticus. The company is streamlining operations, with a plan […]
The Cooperative of American Physicians, Inc. promoted Daniel Cavanaugh to senior vice president of business development. Cavanaugh was named vice president of CAP membership development in 2018. As senior vice president, he leads a new […]
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