5 days 7 hours ago
Coalition hired Ilsa Derfus as its director of capacity. At Coalition, Derfus will be responsible for managing relationships with carrier partners and will serve as the primary point of contact for all capacity-related matters. Derfus joins Coalition from McGill & …
5 days 10 hours ago
Philadelphia Insurance Co. is currently experiencing a network outage that is affecting its systems. This outage has knocked out the insurer’s phone and email systems, as well as customer access to online applications. “We are working to resolve this issue …
5 days 10 hours ago
On Wednesday Erie Indemnity Co. reported that the network outage that has affected all of its systems for five days and is continuing to do so was the result of a security issue. In a filing with the Securities and …
5 days 16 hours ago
Verisk Promotes White and Gregory Verisk’s Property Claims Services (PCS), headquartered in Jersey City, New Jersey, named Harry White as the new head of commercial strategy and Ted Gregory as head of research and operations. White has been with Verisk …
5 days 20 hours ago
A federal appeals court allowed President Donald Trump’s most sweeping tariffs to remain in effect on Tuesday while it reviews a lower-court decision blocking them on grounds that he had exceeded his authority by imposing them. The decision by the …
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5 days 21 hours ago
Uber Technologies Inc. sued a group of lawyers, medical providers and rideshare drivers it claims staged car accidents, manufactured damages and received unnecessary medical procedures to take advantage of insurance policies in Florida, costing the rideshare giant “several million dollars” …
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5 days 21 hours ago
Louisiana lawmakers on Tuesday approved a measure that targets out-of-state doctors and activists who prescribe, sell, or provide pregnancy-ending drugs to residents in the reliably red state where abortions are banned with few exceptions. Louisiana law already allows women to …
5 days 21 hours ago
A judge on Monday dismissed the lawsuit that actor and director Justin Baldoni filed against his “It Ends With Us” costar Blake Lively after she sued him last year for sexual harassment and retaliation. U.S. District Court Judge Lewis Liman’s …
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5 days 21 hours ago
United Natural Foods Inc., a grocery distributor for Amazon Inc.’s Whole Foods Market, is working to bring systems back online by June 15 and resume product deliveries after a cyberattack disrupted its operations, leaving some store shelves barren of ice …
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5 days 22 hours ago
Canopius Group, the London-based specialty and property/casualty insurer and reinsurer, announced that Samsung Fire & Marine Insurance (SFMI) has entered into an agreement to purchase an additional 21% equity stake, bringing its shareholding to 40%. This stake has been purchased …
5 days 22 hours ago
Ategrity Specialty Insurance Company Holdings announced today the pricing of its expected initial public offering (IPO)of 6,666,667 shares of common stock at a public offering price of $17.00 per share. The aggregate gross proceeds to the company from the offering …
5 days 22 hours ago
Country musician Conner Smith fatally hit a pedestrian while driving his truck in Nashville over the weekend, and he currently faces no charges as an investigation continues, police said. Metro Nashville Police said Smith, 24, hit Dorothy Dobbins, 77, Sunday …
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5 days 22 hours ago
North Carolina automobile insurance rates are poised to increase statewide by a 5% average this fall as part of an agreement reached between state regulators and the insurance industry. The increase comes six months after lawmakers raised minimum auto liability …
5 days 22 hours ago
U.S. commercial insurance rates went up again in the first quarter 2025, according to the latest findings from WTW’s Commercial Lines Insurance Pricing Survey (CLIPS). Carriers reported an aggregate price increase of 5.3% during the first three months of 2025 …
5 days 23 hours ago
President Donald Trump’s nominee to head the Federal Aviation Administration said on Tuesday that the 85 near-miss incidents at Reagan Washington National Airport since 2021 were unacceptable. On January 29, a Black Hawk helicopter collided with an American Airlines regional …
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5 days 23 hours ago
Florida-based insurance brokerage King Risk Partners announced it has acquired Cameron Group, Inc., an independent insurance agency located in Nanuet, New York. Cameron Group serves New York, New Jersey, and Connecticut with personal and commercial insurance. The Cameron acquisition is …
6 days ago
Insurance companies must compensate aircraft lessors and owners for planes that Russia seized when it took counter-sanction measures after the invasion of Ukraine, a UK judge ruled potentially leaving insurers on the hook for billions in payouts. The verdict comes …
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6 days ago
The US Food and Drug Administration said more than 20 million eggs have been recalled after 21 people were hospitalized with salmonella. The eggs, distributed by the August Egg Company, were sold to retailers including Walmart Inc. and Safeway Stores …
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6 days 1 hour ago
Apollo Global Management Inc. said high-net-worth clients and access to retail investors are the biggest opportunities in Asia for growth in the coming years. Australia’s superannuation system, which will be the world’s second-largest pension by 2030, and Japanese savers that …
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6 days 2 hours ago
Aurora, the London-based digital managing general agent, has launched a property owners insurance product, aiming to enhance the way brokers access and place property risks. The new product, backed by Lloyd’s, leverages Aurora’s digital insurance platform and real-time data enrichment …