Vermont Mutual Insurance Group announced that with the June 30 retirement of CEO William Catto, President Daniel Bridge will take on the chief executive role beginning July 1. In addition, current Senior Vice President Mark McDonnell will elevate to the …
Propel Insurance has acquired Portland, Ore.-based Ross & Associates Insurance Services Inc. Terms of the deal were not disclosed. Ross & Associates provides business and personal insurance, including builder’s risk, professional liability employee benefits, workers’ compensation and bonding. Propel is …
U.S. Trade Representative Michael Froman said he hopes to wrap up a trade deal with 11 other Pacific Rim nations soon and send it to the U.S. Congress for approval before the end of the year. Lawmakers last week granted …
Three current and former University of California, Berkeley students sued the school on Monday, accusing administrators of not doing enough to investigate their sexual assault claims and hand out punishment. The three women said the administrators mishandled their claims, failed …
The state of Arizona has settled a lawsuit brought by a dozen families who lost loved ones when a Hotshot firefighting crew was overcome by a wildfire near the small community of Yarnell. The settlement announced by state Attorney General …
New York formalized its ban on high-volume hydraulic fracturing for natural gas on Monday, concluding a seven-year environmental and health review that drew a record number of public comments. “After years of exhaustive research and examination of the science and …
Insurer losses and expenses rose in 2014 from the year before but ratios fell, a California Workers’ Compensation Insurance Rating Bureau report on workers’ comp losses and expenses for 2014 shows. The report issued Tuesday shows total insurer losses incurred …
Obamacare is attracting younger and healthier people to its coverage plans this year, according to research by Express Scripts Holding Co., a trend that could help balance and sustain the law’s insurance markets. According to the report, which looked at …
Ben Pillars always wondered why his wife crashed her Pontiac Grand Am in 2005, sending her into a coma from which she never recovered. Then last year, General Motors Co. recalled the car for a faulty ignition switch and Pillars …
Guy Carpenter & Company, LLC, has reported that “after two years of price decreases averaging 15 percent on U.S. property catastrophe placements, risk-adjusted pricing moderated at the most recent June renewals. “Price declines moderated to decreases averaging in the high …
