A New York man has been arrested on charges of conspiracy, arson and insurance fraud for allegedly hiring a man to set fire to his Yonkers home and then attempting to collect more than $1.3 million from his home insurance …
It appears another insurance carrier is turning sour on wildfire-prone California. Safeco, a Liberty subsidiary, is preparing to stop writing new condo and rental policies in California at the beginning of next year. Liberty stopped writing new condo or rental …
Upland Capital Group announced it is expanding into a new market with the introduction of a Product Recall product to its portfolio. The new product focuses on product defect coverage for component parts and consumer goods as well as food …
Ten people were injured after a police traffic officer on a motorcycle crashed into bystanders at a weekend holiday parade in Palm Springs, California, authorities said. All of the injured were taken to hospitals Saturday night for treatment of injuries …
Arthur J. Gallagher, the global insurance brokerage, announced it has acquired Georgia-based Sheila J. Butler & Co., an employee benefits firm. Butler and team will remain in their office locale in Carrollton, Georgia, under the direction of Colby Paxton, head …
California Insurance Commissioner Ricardo Lara on Friday announced what he’s calling “first of its kind” catastrophe modeling and ratemaking regulation that will allow carriers to use the models as a factor in setting and getting rates. The regulation is a …
CVS Health Corp. pharmacies illegally dispensed controlled substances including opioids, fueling an overdose crisis as short-staffed stores ignored red flags, the U.S. Department of Justice alleged in a whistleblower lawsuit unsealed Wednesday. The largest U.S. pharmacy chain deliberately set staffing …
The U.S. Senate Budget Committee on Wednesday held a hearing to release a study they said confirms climate change is increasing non-renewal rates in multiple states, but the insurance industry clapped back by saying extreme weather is just part of …
Hub International Ltd. acquired the assets of Otter Insurance Agency Inc. in Lynnwood, Washington. Patrick Otter, president, and the Otter Insurance Agency team will join HUB Northwest. Otter Insurance Agency will be referred to as Otter Insurance Agency, a Hub …
It appears another insurance carrier is turning sour on wildfire-prone California. Safeco, a Liberty subsidiary, is preparing to stop writing new condo and rental policies in California at the beginning of next year. Liberty stopped writing new condo or rental …