Hurricane Sally slammed the U.S. Gulf Coast with high winds and heavy rains on Wednesday, turning coastal towns into lakes in the latest in a busy season of dangerous storms in the United States. The storm landed as a Category …
California Insurance Commissioner Ricardo Lara said today that he will convene an investigatory hearing in October in advance of initiating a series of regulatory actions that will protect residents from the increasing risk of wildfires. His announcement comes as devastating …
The South Carolina Department of Insurance will no longer issue temporary producer licenses related to the COVID-19 State of Emergency, according to a bulletin issued by the department on Sept. 15. SCDOI said as of the bulletin’s issuance, there is …
The Hanover Insurance Group, Inc. has launched a suite of coverages designed to protect homeowners who generate income through home-based businesses or short-term rentals of their properties. The Hanover’s new offering addresses a gap insurance coverage and is designed to …
Families of Boeing 737 MAX crash victims are urging U.S. lawmakers to ensure the planemaker is held accountable for accidents that together killed 346 people by blocking a key legal defense, according to a letter sent on Tuesday and seen …
American Hole ‘n One, a provider of hole in one coverage, announced it will combine its operations with its sister company, National Hole-In-One. American Hole ‘n One acquired National Hole-In-One in 2014 and has been operating the two companies separately …
The back-up safety driver behind the wheel of a self-driving Uber Technologies test vehicle that struck and killed a woman in Tempe, Arizona, in 2018 was charged with negligent homicide, prosecutors said on Tuesday. Rafael Vasquez, age 46, who is …
Alliant Insurance Services Inc. has named Larry Shapiro senior vice president in mergers and acquisitions. Shapiro will serve as the representations and warranties team leader and be based in San Francisco, Calif. He will provide risk solutions to private equity …
Louisville, Kentucky agreed to pay the family of Breonna Taylor a $12 million settlement and enact a series of reforms as part of the largest police misconduct payout in the city’s history after officers shot and killed the unarmed Black …
Although there is a significant market correction taking place in the North American liability insurance market, demand for casualty reinsurance is increasing, said Chirag Shah, executive vice president, Casualty Reinsurance, at Willis Re. Low interest rates, economic volatility, social inflation …