A Louisiana woman was surprising her husband with breakfast when a plane hit her vehicle, causing it to flip several times and catch fire, according to a lawsuit filed over the December crash. Kristie Danielle Britt is suing the owners, …
AM Best has upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” from “a-” of Kinsale Insurance Co. (Kinsale), in Little Rock, Arkansas. Kinsale is an excess and …
Climate change is expected to cause stronger storm winds that trigger more extreme waves and increase coastal damage in Australia, the Pacific and South America by the end of the century, new research shows. Extreme waves could increase in regularity …
Enstar Group Ltd. announced it has increased the capitalization of its specialty property/casualty insurance subsidiary StarStone U.S. Holdings Inc., by $630 million. Three private equity investors have committed $610 million in new equity capital which, together with the rollover of …
No matter where you work in the property/casualty insurance industry, your experience is important. How is the coronavirus pandemic affecting you now? Going forward? What do you expect to change? When will you be ready to travel? How do you …
Remember all the talk that digital transformation would disrupt the auto insurance industry? Well, it’s real, according to the consultants at J.D. Power. The firm says its 2020 U.S. Auto Insurance Study proves that insurance company websites—for the first time …
Duck Creek Technologies, a provider of cloud software for the property/casualty insurance industry, said that it has received $230 million in investments from new investors Kayne Anderson Rudnick Investment Management and Whale Rock Capital Management, along with prior investors. Boston-based …
The judge presiding over the Boy Scouts of America bankruptcy has approved an agreement among attorneys to extend an injunction halting child sex abuse lawsuits against the organization’s 261 local councils until Nov. 16. Under the agreement approved this Monday, …
Mark Munekawa, senior vice president and surety manager at San Francisco, Calif.-based Woodruff Sawyer has been elected the 2020-2021 president of the National Association of Surety Bond Producers. NASBP is the association for surety bond producers and allied professionals. NASBP …
A whistleblower lawsuit filed by former New Mexico police detectives says they were retaliated against for repeatedly raising concerns about the operation of their department’s sex crimes unit. Former Albuquerque Police Department detectives Mandi Abernathy, Sally Dyer and Teresa Romero …
