Insurance News from April 22, 2021
National News
Hartford Rejected 3 Acquisition Offers From Chubb From $65 to $70 a Share
After its initial offer of $65 per share to acquire The Hartford was rejected, insurer...
International & Reinsurance News
Climate Change Could Cut Global GDP by 18% by 2050 – If Nothing Is Done: Swiss Re
If nothing is done to combat climate change, global temperatures could rise by 3.2°C...
East News
New York Contractor to Pay $135K in Penalties After Trench Collapse
A Long Island, New York, superstructure, foundation and concrete company will pay...
West News
Insuring Cannabis Webinar Take Home: Carriers, Brokers Waiting on Sidelines
There may be many more carriers and brokers waiting on the sidelines of the insuring...
Southeast News
Court Orders Liquidation of American Capital; Policies to Cancel May 14
Florida-based American Capital Assurance Corp. is officially in receivership and is in...
Texas / South Central News
Court Orders Liquidation of American Capital; Policies to Cancel May 14
Florida-based American Capital Assurance Corp. is officially in receivership and is in...
Midwest News
New Michigan Rules Target Contractor Payroll Fraud
Michigan Gov. Gretchen Whitmer recently announced changes in the state's contracting...