Ryan Specialty reported a 54.6% increase in fourth quarter net income to the same period the prior year, while revenue outpaced Q4 2021 by 14.9%. The Chicago, Illinois-based specialty insurance firm reached fourth quarter net income of $45.8 million, compared …
South Carolina authorities have charged a man with insurance fraud after he reported his vehicle was stolen, then admitted to setting it on fire. Rusty Dale Peeples, 46, was arrested Feb. 24, charged with making a false insurance claim and …
Federal workplace safety inspectors have again cited a Derry, New Hampshire contractor for not protecting their employees against potentially lethal falls, this time at worksites in Merrimack and Salem. The Occupational Safety and Health Administration reprted that its inspectors found …
A federal workplace safety investigation of an El Paso jewelry metal-plating finisher found the company again exposing workers to serious hazards, including willfully failing to protect people working with dangerous acids and other chemicals from potentially permanent eye injuries. The …
No injuries were reported in a collision between an Amtrak train carrying 66 passengers and a tractor-trailer in Vermont on Monday, state police said. The train, which was traveling from St. Albans to Washington, D.C., hit the trailer section of …
J.M. Wilson Hires Mikos-Benavides as Assistant Transportation Underwriter J.M. Wilson, based in Portage, Michigan, has hired Jennifer Mikos-Benavides as assistant transportation underwriter in their Arlington Heights, Illinois office. Mikos-Benavides is responsible for assisting underwriters with a wide variety of new …
Plaintiffs’ attorneys took it on the chin when Florida lawmakers in December approved Senate Bill 2A, which ended the practice of one-way attorney fees in property insurance litigation. Now, though, a number of insurance carriers and defense firms insist that …
The winter storm that hit Texas in February 2021 strained the state’s electricity grid so much that power had to be cut to millions of homes and businesses to prevent the grid’s complete failure. At least 200 people died, many …
A company that operates a century-old hydroelectric dam near Mount Rainier National Park and its chief operating officer each pleaded guilty to a single criminal count Monday in connection with a spill of synthetic field turf and the tiny rubber …
Late last year, State Farm’s chief executive broke the news that the auto giant would record the largest underwriting loss in its 100-year history for 2022. On Monday, the news became official with a huge number attached: $13 billion. “We …