This year began with auto insurance buyers shopping around more than ever but by mid-March shopping began to slow down before returning to normal a few weeks later. According to the data firm LexisNexis, shopping has closely mirrored other pandemic …
Property/casualty insurance carrier groups are developing a proposal for a federal program to replace revenues lost by businesses shut down during pandemics like COVID-19, but their program won’t be modeled after the Terrorism Risk Insurance Act as some have urged. …
Money trumped spying as the top motivator for data breaches last year, according to Verizon’s annual report on cyber crimes published on Tuesday. About nine out of 10 breaches were financially motivated, based on an examination of more than 32,000 …
Police and fire investigators launched a criminal probe Sunday into the cause of an explosion at a hash oil manufacturer in downtown Los Angeles that sent firefighters running for their lives. Detectives from the Los Angeles Police Department’s major crimes …
The daughter of a woman who died after contracting the coronavirus at a Portland long-term care facility filed a $1.8 million lawsuit Thursday claiming elder abuse. Angela Brown says her 75-year-old mother, Judith Jones, contracted coronavirus and died because of …
The parents of an infant who died from meningitis after he was released from Silverton Medical Center in Oregon are suing the hospital for $6.3 million. The wrongful death lawsuit was filed in the death of 7-month-old Blaize Wheeldon and …
Beazley, the Lloyd’s specialist insurer, announced it raised £247 million (approximately $300 million) in capital via an equity placement designed to strengthen its balance sheet as a result of the continuing uncertainty created by the COVID-19 crisis. During the first …
Summit Insurance Agency LLC, in Moorhead, Minnesota, has joined Midwest Insurance Agency Alliance Inc. (MIAA), a network of insurance agencies across seven states. A full-service insurance agency, Summit Insurance serves families and businesses in the Moorhead, Minnesota, and Fargo, North …
Irving, Texas-based managing general agent specializing in low cost auto insurance, Bluefire Insurance, said it will provide approximately $2.7 million dollars in rate relief to assist policyholders with financial hardships in Louisiana. In response to the turbulent times brought on …
Wisconsin Insurance Commissioner Mark Afable has filed a petition and proposed court order that would allow the Wisconsin Office of the Commissioner of Insurance (OCI) to place Time Insurance Co. in rehabilitation. Time Insurance has close 200,000 policyholders for long-term …