Information services firm Verisk has said it has taken steps that align with one investor’s call for the firm to commit to being a standalone insurance-focused business. Verisk recently promised several additional changes and publicly committed to a “pure-play” insurance …
East Hillb Group, Cohen Insurance The Hilb Group acquired E.B. Cohen Insurance and Risk Management, with offices in Roseland, New Jersey, and New York, New York. E.B. Cohen provides insurance and risk management services with a focus on hospitality, real …
A federal judge in Texas has nixed the Biden Department of Labor’s withdrawal of a Trump administration rule governing whether a worker is an employee or an independent contractor. U.S. District Court Judge Marcia A. Crone reinstated the Trump independent …
Insurers and reinsurers could face claims as high as US$10 billion in a worst-case scenario due to the grounding of planes in Russia, Fitch Ratings said. More than 500 planes that are financed or owned by non-Russian lessors are stranded …
The first time I can recall asking this question was in 2010 and it involved a claim denial under personal auto uninsured motorists and medical payments coverages for someone who was hit by a car while sitting on a snowmobile …
Pawnbroker’s Package Policy Market Detail: First Class Insurance offers a pawn shop insurance program that includes liability for items leased, owned and pledged, or held on consignment, out-of-safe items, glass, and stock to include guns and jewelry. We insure: Pawned …
A rash of railcar thefts in the Los Angeles area may have given a different impression, but nationally the number of reported cargo thefts dropped by 15% in 2021 compared to the prior year, according to CargoNet’s annual Supply Chain …
For years, the federal agency that runs Medicare has been building a trap to snag any settlements that would force taxpayers to pick up the tab for medical care that should have been paid by others. The Centers for Medicare …
Tesla and other car makers represent a growing threat to incumbent auto insurers, even though they have little direct impact on the insurance market today, Moody’s Investors Services said. In a report titled, “Tesla’s insurance venture puts incumbents under added …
Companies critical to U.S. national interests will now have to report when they’re hacked or they pay ransomware, according to new rules approved by Congress. The rules are part of a broader effort by the Biden administration and Congress to …
