Associations representing insurers operating in California on Tuesday released an analysis from Milliman showing wildfire catastrophe models would improve homeowners’ access to insurance in the face of climate-induced wildfire risk. The analysis was commissioned by the Personal Insurance Federation of …
Brazilian insurer BB Seguridade Participacoes SA raised some full-year forecasts on Monday after reporting a 69% jump in third quarter profit on the back of a strong commercial performance in insurance, pension plans and premium bonds. BB Seguridade, which is …
It takes seven years to close the vast majority of workers’ compensation claims in California, more than double the time in the median state. The Workers’ Compensation Insurance Rating Bureau of California released a report detailing duration drivers for California …
Allstate Corp. is in talks about moving its headquarters to Chicago after selling the majority of its suburban campus earlier this year, potentially returning to a city that it quit decades ago. The insurer has held discussions with Chicago officials …
A Boston man pleaded guilty in federal court in connection with a scheme to defraud an insurance company for physical therapy services that were not provided to patients, according to prosecutors. Officials said Slava Pride pleaded guilty to one count …
The American cheerleading company behind the sport’s top uniforms, camps and competitions is vehemently denying accusations that the enterprise helped facilitate alleged sexual abuse at gyms across the Southeast outlined in a series of federal lawsuits, and has hired a …
ALKEME acquired Dealer Insurance Services in Laguna Hills, California. Dealer Insurance Services will continue to operate under its current brand. Dealer Insurance Services specializes in benefits, with a focus on the auto dealer industry. ALKEME is based in Ladera Ranch, …
Electric company PacifiCorp has entered a settlement with two families who were victims of the catastrophic Labor Day fires in southern Oregon in 2020, according to attorneys representing the families, the Oregonian reports. The confidential settlement avoids a jury trial …
A federal investigation released Monday of a hot steam accident that killed two workers conducting maintenance on a boiler system at a Veterans Affairs hospital in Connecticut substantiates a whistleblower’s allegations that employees did not follow proper protocols to control …
A car was buried in the backyard of a Northern California mansion 30 years ago as part of a scheme to commit insurance fraud, authorities said Thursday. The convertible Mercedes was discovered last month by landscapers in the affluent town …