Digital auto insurer Root saw its loss ratio spike in the 2021 second quarter as higher costs for repairs, used vehicles and miles driven rose above pre-pandemic levels. But the Ohio-based insurer continues to report growth in its premium volume, …
Attorneys say they have reached a $6 million settlement over the sexual abuse of a child by his Seattle, Wash.-area bowling instructor. The boy was abused from 2012 to 2017, beginning when he was 12. The coach, Ty Treddenbarger, is …
Tropical Storm Henri is set to grow into a hurricane before slamming the U.S. Northeast anywhere from Long Island to Massachusetts, bringing heavy rain, a flooding storm surge and thrashing winds to the region starting Sunday. Hurricane watches have been …
Health investigators across the U.S. are finding it nearly impossible to keep up with the deluge of new COVID-19 infections and carry out contact tracing efforts that were once seen as a pillar of the nation’s pandemic response. States are …
AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb+” (Good) to Bermuda-based ASR Re Ltd. (ASR Re). ASR Re is a wholly owned subsidiary of ASR Holdings Ltd., the non-operating …
The Society of Actuaries has launched a research division that promises to develop and fund research that “elevates actuaries as leaders in measuring and managing risk. ” The group said the SOA Research Institute will develop objective, peer-reviewed, data-driven research, …
Is your independent insurance agency a Best Place to Work? If so, why not nominate your agency as a “Best Agency to Work For” in 2021? To nominate your agency, you must be a current employee of the agency you …
ReSource Pro has acquired Insurance Licensing Services of America (ILSA), a Groesbeck, Texas-based firm that provides regulatory and compliance services to insurance organizations and professionals. By acquiring ILSA, New York-based ReSource Pro is building on its strategy to deliver business …
Sen. Catherine Cortez Masto is urging firefighters, scientists, teachers and moms to help form new strategies to deal with increasingly unhealthy air quality in Nevada caused by wildfires that continue to worsen and no relief in sight in the years …
High levels of toxic, widely used “forever chemicals” contaminate groundwater around at least six military sites in the Great Lakes region, according to U.S. Department of Defense records that an environmental group released on Aug. 31. The Environmental Working Group …