Catastrophe modeler RMS has made updates to its cyber offerings to target emerging cyber risks. Among the updates is the new Cyber Solutions Version 5.0 application that allows users to price and select cyber risks without large amounts of historical …
San Francisco, Calif.-based Newfront Insurance has named Jeff Chenu a principal and commercial insurance broker. Chenu is based in Sacramento, and supports a client roster across the Western U.S. He joins Newfront from Relation Insurance Services, where he spent 17 …
Bayer AG struck a $2 billion deal to resolve a class action of future claims relating to allegations that its widely used weedkiller Roundup causes cancer, the company and lawyers for U.S. consumers said on Wednesday. Bayer has been struggling …
The vast majority of U.S. small businesses took a hit to their revenue last year because of the coronavirus pandemic, with minority-owned businesses struggling the most and worrying more about accessing credit, according to a Federal Reserve survey released on …
Investigators believe a fire that burned six school buses at a Racine County, Wisconsin, depot was ignited by an electrical problem and was not suspicious in nature. The fire at the Thomas Bus Service lot in the Town of Burlington …
Former Ohio Supreme Court justice Judith L. French has been appointed as the next director of the Ohio Department of Insurance, Interim Director Tynesia Dorsey announced. French’s appointment is effective Feb. 8. Aside from serving as a justice, French has …
Texan Insurance has acquired Houston-based Suzanne Brown Agency LLC in an all-cash transaction. Founded in 2001, Suzanne Brown Agency is an independent, full-service insurance agency that specializes in personal and commercial insurance needs. Suzanne Brown and her 11-member staff will …
Anthony Hanes has joined Chicago-based Ryan Specialty Group’s Stetson Insurance Funding (Stetson) as president. Stetson specializes in financing commercial and personal lines insurance premiums for the excess and surplus insurance lines industry. As president of Stetson, Hanes will focus on …
A suburban Des Moines, Iowa, insurance agent has been charged with multiple felony counts after state officials say he collected thousands of dollars in premiums for nonexistent insurance policies after his license was revoked. The Iowa Insurance Division said Adam …
AXA XL’s North America Construction business has launched builders risk insurance programs to address mass timber project risks for construction clients. Mass timber building materials, which includes cross laminated timber (CLT), is a family of engineered wood products (EWPs) which …