As a whole, the outlook for the U.S. commercial lines segment continues to be stable, according to AM Best, but the industry rating agency had some warnings in its latest report. Rate changes at renewal remained strong, catastrophe losses have …
An unlicensed contractor and a deputy sheriff in Florida have been charged in separate incidents of contracting fraud and insurance fraud, state and local authorities said. Ty Lamonte Hillman was arrested this week after the state Department of Financial Services …
Twitter Inc has been hit with another lawsuit stemming from the recent purging of half its workforce, this one accusing the social media company of disproportionately targeting female employees for layoffs. The proposed class action filed late on Wednesday in …
UFG Insurance Names Hirtz Houston Branch Manager United Fire Group Inc. (UFG), based in Cedar Rapids, Iowa, has named Diane Hirtz the new branch manager for its Houston, Texas, office. Hirtz brings more than 25 years of diverse insurance experience …
Duke Energy said Wednesday that it has completed repairs on substation equipment damaged when it was shot up last weekend. Power was on track to be fully restored late Wednesday. In a statement to customers on its website, the energy …
The city of Pawtucket is lifting restrictions on political campaign signs under a settlement with the American Civil Liberties Union of Rhode Island, officials said Tuesday. The ACLU filed suit in July on behalf of two Democratic candidates for the …
SiriusPoint Appoints New International Leadership Team, Including RSA’s Gibb as President SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, has appointed Rob Gibbs as president of its international business and to CEO of SiriusPoint International Insurance Corp. The CEO appointment …
The Woodlands Financial Group subsidiary TWFG Insurance Services LLC, announced its acquisition of American Insurance Strategies, located in the Dayton, Ohio and Milwaukee, Wisconsin areas. AIS has $18 million in written premium and was established in February 2009 by Craig …
PCF Insurance Services (PCF) has acquired Direct Dealer Services (DDS), an automotive finance and insurance (F&I) firm providing industry-leading technologies, products, solutions and training. Headquartered in Hoffman Estates, Illinois, DDS offers national automotive dealers, agents, and lender partners innovative F&I …
Marenco Insurance Agency has joined the Renaissance independent insurance agency network in New York. The family-owned property/casualty agency, founded in 1961, is located in New Rochelle, New York. It also serves clients in Connecticut, New Jersey, and Florida. Renaissance offers …