Federal officials in San Antonio say a pair of construction-related companies have agreed to pay $70,000 to settle a sexual harassment and retaliation lawsuit. The U.S. Equal Employment Opportunity Commission (EEOC) alleged that a female employee was repeatedly subjected to …
Catastrophe risk modeler RMS has estimated that insured on losses from Hurricane Zeta could rise to as high as $5 billion in the U.S. That figure is slightly higher than estimates announced by catastrophe modelers AIR Worldwide, CoreLogic and Karen …
Tesla recently made headlines with the beta launch of its Full Self-Driving system. That system comes with a disclaimer saying, “It may do the wrong thing at the worst time, so you must always keep your hands on the wheel …
A former insurance agent in Wisconsin charged with violations of insurance laws has had his license permanently revoked and must pay a penalty of more than $37,000, the state insurance commissioner’s office reported. The Office of the Commissioner of Insurance …
Incumbent Mike Causey, a Republican, has defeated Democrat Wayne Goodwin in the third rematch between the two candidates for the position of North Carolina Insurance Commissioner. The Associated Press reported Wednesday night that Causey beat Goodwin with 52% of the …
March 21, 2020, I began tracking COVID – specifically the daily numbers. I undertook this task for several reasons: I enjoy data, I wasn’t going anywhere for a while, but more specifically so that I could discuss it intelligently. Clearly …
Arthur J. Gallagher & Co. announced the acquisition of Brisbane, Queensland-based Effectus Consulting Pty Ltd. Terms of the transaction were not disclosed. Effectus Consulting is a data-driven employee and leadership development firm offering HR and talent development strategies, talent diagnostics, …
AEC Wholesale Group, a subsidiary of Coverys European Holdings (CEH), announced the acquisition of Gava S.R.L, a Lloyd’s coverholder based in Brindisi, Italy. AEC Group will assume 100% ownership of Gava, bringing the Italian Lloyd’s coverholder into its existing network …
The U.S. property/casualty industry saw 13 new insurance company impairments in 2019, two more than in 2018, involving entities operating in a mix of lines of business and a variety of states, according to a new AM Best special report. …
AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the hiring of three lead underwriters and three senior underwriters within its U.S. Cyber and Technology team. The three lead undewriters are Ashley Sales, Southeast Regional underwriting …
