The National Weather Service says vehicles were washed off a Southern California desert highway as a band of thunderstorms led to powerful flash flooding. The weather service says the flooding was reported Monday evening on State Route 95 near Interstate …
The police chief of a California school district has sued his employers, claiming he faced a hostile work environment after blowing the whistle on alleged misuse of a criminal database by district employees. KBAK-TV reported that Kern High School District …
California Insurance Commissioner Dave Jones has approved rate reductions for several State Farm commercial policies that he said will bring millions of dollars in premium savings for tens of thousands of small businesses, farm owners, apartment owners, and condo associations …
ICBUSA, a Scottsdale, Ariz., based member of the Institute of Certified Bookkeepers (ICB), a London-headquartered professional membership organization for bookkeepers, and the Landy Insurance Agency of Needham, Mass., have formed a strategic partnership. Through the partnership, ICBUSA members will be …
MetLife Inc. may favor a spinoff of its Brighthouse Financial U.S. business rather than pursue an initial public offering of the unit, RBC Capital Markets analysts led by Eric Berg said after chatting with the company’s chief financial officer. “A …
A powerful earthquake in Italy on Wednesday is unlikely to force UnipolSai’s 200 million euro ($226 mln) catastrophe bond into default as the bond has low exposure to the affected region, the Italian insurer said. The earthquake devastated a string …
The business outlook for the London insurance market is a familiar one across other global markets: underwriting profits are under pressure as ongoing soft market prices begin to take a toll. In separate reports on the London market, both A.M. …
Lockton Companies, a Kansas City, Mo., based insurance brokerage, has hired George Bailey as a senior vice president in its Washington, D.C. office. He brings nearly 25 years of experience in the employee benefit and risk management space to his …
Great American Insurance Group has hired Kerry Besnia as divisional vice president within its Property and Casualty Group. In his new role, Besnia will be focused on developing new distribution sources while utilizing his underwriting background to uncover business opportunities. …
Preliminary estimates from the National Safety Council indicate motor vehicle deaths were 9 percent higher through the first six months of 2016 than in 2015, and 18 percent higher than two years ago at the six month mark. An estimated …
