Italian insurer Cattolica said on Tuesday that its board considers that bigger rival Generali’s takeover offer for it is at a fair price. Generali, Italy’s largest insurer, earlier in May said it would launch a 1.17 billion euro [$1.4 billion] …
Arrowhead General Insurance Agency, Inc. (Arrowhead) has announced the expansion of its Workers’ Compensation Program into five new southeastern states: Tennessee, Georgia, North and South Carolina and Alabama, with more states to come next year. “Expansion in these southeast states …
Climate change has returned to the top of the list of insurers’ biggest concerns as the vaccine roll-out and gradual lifting of health restrictions see pandemic fears ease in many countries. Global warming was ranked as the biggest risk to …
The final chunk of a cargo ship that capsized two years ago along the Georgia coast is awaiting removal from the water. Salvage crews have worked since November to cut the South Korean freighter Golden Ray into eight giant chunks …
Workers’ compensation pays more than group health to treat comparable injuries, according to a research brief issued by the National Council on Compensation Insurance. Although the workers’ compensation benefit delivery system is specifically geared to the needs of employers and …
Coalition, a San Francisco-based cyber insurance and security company, has already been focused on rapid growth. Its new $205 million venture capital financing will help supercharge that strategy even further. Coalition said the investment will help accelerate its plans to …
Federal investigators have determined that a misplaced air filter screen probably caused a small plane’s engine failure and crash in southeastern Michigan that killed a Delta airlines pilot and an aircraft mechanic two years ago. The improperly installed metal intake …
The company responsible for the largest oil field spill in North Dakota pleaded guilty to criminal charges after reaching an agreement with the federal government to pay $15 million in fines. Summit Midstream Partners entered the pleas in federal court. …
There was brinksmanship with a whiff of ransom. In the aftermath of a citywide blackout that lasted for days after Hurricane Ida hit on Aug. 29, dissatisfaction among residents and city leaders was growing with utility company Entergy New Orleans …
Written premium for 2020 was $1.9 billion, or 12%, below that for 2019 and was the lowest since 2012, according to a new report out from the Workers’ Compensation Insurance Rating Bureau. Written premium for the first two quarters of …
