2 months ago
Indiana-headquartered DOXA, a specialty insurance firm built on acquiring and growing program administrators and MGAs, has expanded into Florida with the acquisition of Jupiter Underwriting Group. The group is a managing general agent that specializes in admitted umbrella and follow-form …
2 months ago
The United States and Iran on Monday were weighing the framework of a plan to end their five‑week-old conflict, even as Tehran pushed back against pressure to swiftly reopen the Strait of Hormuz on the eve of a new ultimatum …
2 months ago
Georgia lawmakers passed a bill early Friday that would allow property owners to file claims against local governments if the individual believes policies that ban people from sleeping outside and require law enforcement to cooperate with federal immigration authorities were …
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2 months ago
AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICR) to “aa” (Superior) from “aa-” (Superior) and affirmed the Financial Strength Rating (FSR) of A+ (Superior) of Federated Mutual Insurance Company and its pooled subsidiaries, Federated Service Insurance Company, …
2 months ago
Old Republic International Corporation is forming a new operating company, Old Republic Property Inc., to underwrite specialized property insurance products through a national retail broker distribution network, the company announced on Monday. The company will be led by Patrick Hagerty …
2 months ago
Several people were injured when a vehicle struck revelers at a parade celebrating the Lao New Year on Saturday in rural Louisiana, authorities said. The driver was quickly arrested and charged with impaired driving, police said. Video shared on social …
2 months ago
A Southern California wildfire that prompted evacuation orders is now nearly fully contained, according to fire officials. The Springs Fire in Riverside County grew to roughly 4,176 acres, but is now 95% contained. The fire had been just 25% contained …
2 months ago
Lawyers for the family of an Oklahoma junior college basketball player who died after suffering a head injury during a game said Thursday the student had been struck by another player’s elbow and accused the team of not providing proper …
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2 months ago
The U.S. Environmental Protection Agency and Department of Health and Human Services announced that they will monitor the impact of microplastics and pharmaceuticals on drinking water, the first step toward assessing their health risks and shaping new policies. The joint …
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2 months ago
Old Republic International Corporation said it is forming a new operating company, Old Republic Property, Inc., to underwrite specialized property insurance products through a national retail broker distribution network. The company will be led by Patrick Hagerty as president. Hagerty …
2 months ago
The US is doubling, to $40 billion, its commitment to provide reinsurance guarantees to ships willing to travel through the Strait of Hormuz with the addition of new insurance partners, including AIG and Berkshire Hathaway. The move announced Friday is …
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2 months ago
The University of South Carolina women’s basketball team saved the insurer for a New England furniture company millions of dollars by beating the University of Connecticut team 62-48 last Friday night. At the same time, 20,000 New Englanders missed a …
Andrew G. Simpson
2 months ago
Some investors think private credit is a tempest in a teapot. Others think it is about to spark a new financial crisis. Depending on the time horizon, both sets of views about the esoteric sector may be right. Signs of …
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2 months ago
Of all the things Donald Trump has done to disrupt global commerce, from levying punitive tariffs to tearing up trade deals, few would be as consequential as withdrawing and leaving the rest of the world to secure the Persian Gulf. …
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2 months ago
The U.S. federal watchdog agency for consumer finance expects to finalize new regulations proposed in November that would narrow key civil-rights-era antidiscrimination requirements for lenders, according to a government website. The new policy from the Consumer Financial Protection Bureau would …
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2 months ago
The Federal Bureau of Investigation has concluded that last month’s breach of the networks it uses to manage wiretaps and other surveillance work qualifies as a “major incident,” signaling the severity of an intrusion that had already prompted the agency …
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2 months ago
Liberty Mutual Insurance late last week announced a new leadership structure across the company’s Global Risk Solutions (GRS) and Liberty Mutual Investments (LMI) businesses. Vlad Barbalat has been appointed president, Global Risk & Capital Solutions, and will continue to serve …
2 months ago
The systems that allow drivers to take their hands off the wheel are convenient but don’t improve safety because people are often too reliant on them and end up paying more attention to their cellphones and infotainment screens than to …
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2 months ago
A Florida appeals court decision, reinterpreting a 32-year-old workers’ compensation statute, could now mean a longer statute of limitations on many injury claims and may lead to the reopening of many cases around the state. The lead claimants’ attorney in …
William Rabb
2 months ago
A lawyer sued an upstate New York airport after it rejected a small ad for her sexual harassment law firm. Now she has a massive sign there. Megan Thomas signed a contract last summer for the ad at Syracuse Hancock …
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