Insurers have increased by 25% since the end of last year estimates of the claims costs for three hurricanes that struck Louisiana in 2020, according to the state insurance department. The Louisiana Department of Insurance reported that insurance companies now …
InterWest Insurance Services has named Brad Espinosa senior director in its surety division. He will be based in Sacramento, Calif., and report to Keith Schuler, president and CEO of InterWest Insurance Services. He has more than 12 years of experience …
U.S. regulators should strengthen their oversight of insurers to prevent potential overcharging and discrimination in selling coverage for cars and homes, a consumer watchdog group said on Thursday. The campaign by the Consumer Federation of America (CFA) comes after an …
BEIJING — Chinese financial watchdogs on Thursday summoned 13 internet platforms engaged in finance business, including heavyweights Tencent and ByteDance, to order them to strengthen compliance with regulations, the central bank said. The move by the four regulators is part …
Dozens of Jamaican citizens recruited to work as cooks, servers and housekeepers at a Montana ski resort for the ultra-rich have reached a $1 million class action settlement over allegations they were discriminated against and paid less than other employees …
Under growing threat by a new U.S. administration insistent on reclassifying ride-hail and food delivery workers as employees with full benefits, gig economy companies including Uber, Lyft, Doordash and Instacart are pushing to keep drivers’ independent contractor status, albeit with …
North Carolina-based HG Holdings said it has agreed to acquire 100% of the equity of Florida-based National Consumer Title Insurance Co. from Southern Fidelity for for $5.5 million. The deal also includes 100% of the interest in National Consumer Title …
Demolition of a cargo ship that overturned on the Georgia coast reached the halfway mark Monday as a towering crane lifted the vessel’s engine room section away from the rest of the shipwreck for removal by barge. The South Korean …
While the intent may be good, a bill currently under consideration by the Florida Legislature will be disastrous for the state’s auto insurance market. The specific legislation being weighed by lawmakers is CS/SB 54. This bill proposes to eliminate personal …
The Texas House gave approval on April 28 to a bill that would expand the state’s medical cannabis program to include those with chronic pain, all cancer patients and Texans suffering from PTSD. House Bill 1535, by Rep. Stephanie Klick, …
