Commercial lines insurer CNA Financial Corp. and Enstar on Dec. 30, 2020 said they had reached an agreement to have a subsidiary of Enstar reinsure a legacy portfolio of excess workers’ compensation policies, representing $690 million in prior-year loss reserves. …
Fast-growing specialty lines insurer Applied Underwriters announced the creation of a U.S. based division of its Applied Financial Lines business unit to provide directors and officers (D&O) coverages in the U.S. The new D&O division will be under the direction …
Wholesale insurance brokerage AmWINS Group has rebranded its agency aggregator subsidiary Networked Insurance Agents to AmWINS Access – Admitted Placement Services. AmWINS Access is a nationwide binding platform for small property/casualty business comprising three segments: Excess & Surplus Small Commercial, …
The healthcare joint venture of Amazon.com Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co., will cease to exist at the end of February, it said on Monday. The move comes three years after the companies came together to form …
A federal appeals court on Tuesday upheld a White House-backed rule to require hospitals to disclose the prices they negotiate with insurers for an array of common tests and procedures. The 2-0 decision by the U.S. Court of Appeals for …
Boeing’s 737 MAX resumed passenger flights in the United States for the first time on Tuesday after a 20-month safety ban was lifted last month. American Airlines Flight 718 landed at New York’s LaGuardia Airport around 1:08 p.m after departing …
It took playing games on all seven days of the week, a wide receiver starting at quarterback, numerous schedule changes and constant revisions to health and safety protocols for the NFL to reach Week 17 on time. That’s a remarkable …
The U.S. Transportation Department announced Tuesday that anti-derailment technology positive train control, or PTC, is in operation on all required railroad route miles ahead of a Dec. 31 deadline set by Congress. The Federal Railroad Administration (FRA) has certified that …
A federal judge in Florida on Tuesday dismissed Apple Inc.’s copyright infringement claims against a Florida startup whose software helps security researchers find vulnerabilities in Apple products including the iPhone. U.S. District Judge Rodney Smith ruled in favor of Corellium …
The National Association of Insurance Commissioners (NAIC) will have officers for 2021. The newly-elected officers will assume their duties on Jan. 1, 2021. Members of the association of regulators elected these leaders for the new year: President: Florida Insurance Commissioner …