7 months 1 week ago
Workers compensation insurer Omaha National Group Inc. announced Wednesday it acquired Sutter Insurance Co., a California-domiciled insurer, and renamed it Omaha National Casualty Co.
7 months 1 week ago
Axis Capital Holdings Ltd. Thursday named former Argo Group International Holdings Inc. professional liability underwriter Pauline Morley as head of errors and omissions insurance for the United States.
7 months 1 week ago
The U.S. Equal Employment Opportunity Commission said in a discrimination lawsuit filed Wednesday that convenience store Sheetz Inc. and its related entities wrongfully deny employment to Black, American Indian, Alaska Native and multiracial applicants based on their criminal justice histories.
7 months 1 week ago
The beers at a movie theater in Texas are not so big, according to a lawsuit filed against Cinemark by a moviegoer in Dallas claiming the theater’s 24-ounce beers are poured into 22-ounce cups.
7 months 1 week ago
Convex Group Ltd. Thursday reported it swung to a net profit of $503.2 million, compared with a net loss of $142.2 million in 2022.
7 months 1 week ago
Insurance rate increases slowed in the first quarter in several major lines, and prices fell for some specialty coverages, executives at Marsh & McLennan Cos. Inc. said Thursday, as the brokerage reported higher revenue and profit for the quarter.
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The 11th U.S. Circuit Court of Appeals on Wednesday upheld a ruling that an insurance agency and agent did not breach an agency agreement with a Hanover Insurance Co. unit by providing untimely notice of an injury suit against a client.
7 months 1 week ago
James River Group Holdings Ltd. Wednesday said in a statement that it had completed the $277 million sale of JRG Reinsurance Company Ltd. to Fleming Intermediate Holdings, a portfolio company of private-equity sponsor Altamont Capital Management LP, as per order of a New York Court.
7 months 1 week ago
While pet insurance is meant to throw a bone to pet owners saddled with unexpected veterinarian bills, Consumer Reports found that most pet insurance subscribers are not happy.
7 months 1 week ago
BRP Group Inc. Wednesday released a report showing that directors and officers liability rates and retentions decreased in 2023.
7 months 1 week ago
Insured losses from natural catastrophes totaled at least $20 billion in first-quarter 2024, a third lower than the $33 billion in insured losses in first-quarter 2023 but a shade higher than the 10-year average of $18 billion, according to a report Wednesday from Gallagher Re, the reinsurance business of brokerage Arthur J. Gallagher & Co.
7 months 1 week ago
Aon PLC recently named John Griffin industry practices leader, North America.
7 months 1 week ago
The U.S. Occupational Safety and Health Administration said Tuesday that it cited an automotive supply company after a worker was killed in October 2023.
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