The U.S. Equal Employment Opportunity Commission (EEOC) said it resolved 97,443 charges of employment discrimination in fiscal year 2016 and secured more than $482 million for victims of discrimination in private, federal and state, and local government workplaces. Charges of …
Markel, SureTec Markel Corp. has agreed to acquire surety firm SureTec for approximately $250 million, inclusive of a three-year earn out. SureTec is one of the largest privately owned surety companies in the U.S. SureTec’s largest subsidiary, SureTec Insurance Co., …
W.R. Berkley has put under review and is suspending underwriting for its London marine book until it can determine the direction of this business going forward. W/R/B Underwriting, the company’s Lloyd’s managing agent, is suspending its $30 million marine book, …
Harassment Drones “The worst thing that can happen is you get mamas separated from their babies, and that’s one of my biggest concerns.” — Republican Rep. Scott Chew wants to send people to jail for harassing farm animals with drones. …
Hurricane Matthew, which threatened four coastal states as it corkscrewed through the Atlantic in early October, caused an estimated $110 million in damage to recreational boats, according to Boat Owners Association of The United States (BoatUS). The national safety organization …
A national consumer group has charged that innocent drivers in most states are being forced to pay more for auto insurance for accidents in which they are not at fault. The report from the Consumer Federation of America (CFA) further …
Google’s entry into insurance lead generation and aggregation worried agents and carriers. Would Google disrupt the industry as they have so many other industries? Would they short circuit research-driven consumers by dominating the top results? The Google Compare concern was …
Builders Risk Market Detail: Wholesale Broker LevelFirst offers extensive market capabilities with comprehensive coverage for residential and commercial builders risk. Coverage features include: new construction, renovations, and additions; broad definition of covered property; monthly and annual reporting policies available; appetite …
Directors and officers liability policies are likely to become broader and continue getting cheaper in 2017. This is among the likely trends expected for the financial and professional liability insurance marketplace in the months ahead, insurance broker Marsh said in …
Imagine it’s almost 2,000 years ago and you’re a peasant living in Italy. Your boss sends you into Rome to get some supplies. You saddle up your donkey and head into town. As you make your way through the city, …
