After two consecutive years of combined ratios above 100, the U.S. property/casualty industry returned to a modest statutory underwriting profit in 2018 as catastrophe losses slowed, premium growth accelerated and several key product segments enjoyed favorable results, according to Fitch …
NFP has named Brandi Wentz a plan advisor for retirement services. Wentz will work in the Utah market with retirement plan committees and administrators on delivering NFP’s suite of retirement plan advisory, and other investment services. Wentz has with her …
An arsenal of new technology is being put to the test fighting floods this year as rivers inundate towns and farm fields across the central United States. Drones, supercomputers and sonar that scans deep under water are helping to maintain …
Valent Group, the risk consulting and insurance division of EBSCO Industries (EBSCO), has hired Kurt Close to lead its Birmingham, Ala.-based property and casualty broking and service departments. Close comes to Valent Group after from Travelers Insurance, where he oversaw …
AssuredPartners, Inc. is has acquired Premier Insurance Corporation, Inc. of Cape Coral, Fla. Premier specializes in property and casualty insurance, workers compensation, employee benefits, and life insurance. Premier and their team of seven employees will continue to be managed and …
Insurer Travelers Companies Inc.’s quarterly profit beat analysts’ estimates on Thursday, as improved underwriting and lower catastrophe losses offset a decline in net investment income, sending its shares to a more than one-year high. Shares of the Dow-component rose as …
The bill that turned Illinois into the focal point of a bitter debate over car-sharing last year started as a proposal about what happens when a rental car is stolen. The legislation, which would allow rental companies to punish customers …
If you’re among those who regard “environmental, social and governance” as just another in a long line of trendy buzz-phrases, then you may want to rethink. ESG standards, which companies use to highlight operations that interest socially conscious investors, will …
Island Insurance Company Ltd. in Hawaii has named Michael Tanoue vice president and general counsel. In this Tanoue is responsible for strategic initiatives, policy management, legal strategy, compliance and regulatory filings. He has nearly 35 years of legal experience, most …
A bill intended to protect patients from a harmful insurance practice known as ‘step therapy’ has been signed into law by Governor Kevin Stitt. Senate Bill 509, authored by Rep. Cyndi Munson (D-OKC) and Sen. Dave Rader (R-Tulsa), requires any …
