UK finance firms now have a higher proportion of women on their boards than their European counterparts, a rare boost for the City of London’s attempts to improve the industry’s diversity. Women made up 58% of new board appointments at …
Louisiana lawmakers passed several bills last legislative session in response to insurers’ handling of recent natural disasters, five of which went into effect Jan. 1, 2023. The legislation resulted from a shaken homeowners insurance market that experienced eight insurers leave …
Insurance brokerage USI is forecasting that half of 32 commercial insurance product lines analyzed will experience softer pricing in the first half of 2023—including a predicted “buyer’s market” for directors and officers liability with some caveats. Comparing USI’s forecasts for …
This post is part of a series sponsored by AgentSync. When you think of jobs in the insurance industry, what comes to mind? For most people, the first image is probably that of a licensed insurance agent (or broker, producer, …
Technology company Root Inc., the Columbus, Ohio-based parent company of Root Insurance, is conducting an internal investigation into a series of payments made without prior disclosure to the company’s management by a former senior marketing employee last year. The transactions …
Alera Group, a national property insurance and benefits firm, has acquired Atlanta area-based Sutter, McLellan & Gilbreath, a full-service agency. Terms of the deal were not disclosed. The move will expand Alera’s presence in the Southeast. Sutter McLellan, headquartered in …
]Pennsylvania’s new state House speaker declared Friday that no other legislation will pass his chamber until it approves a constitutional amendment granting child sexual abuse victims the power to file what would otherwise be outdated claims. House Speaker Mark Rozzi, …
PORTLAND, Maine (AP) — The Roman Catholic Diocese of Portland is challenging a Maine law that eliminated the statute of limitations for child sexual abuse, allowing a wave of new lawsuits. A motion in the first of the new civil …
The operator of a light rail train that struck the rear of another train in the Boston area in the summer of 2021, sending 24 passengers and three workers to the hospital, told investigators that he blacked out and may …
Utility officials say they found no natural gas leaks in the vicinity of an explosion that left three homes destroyed in a northeast Philadelphia neighborhood and sent five people to hospitals a few hours into the new year. Officials from …
