Global reinsurers’ underwriting performance will continue to improve in 2022 as premium rate increases take hold, with further rate hikes expected as a result of higher catastrophe losses, continued low interest rates and mounting inflation concerns, according to Fitch Ratings …
Formerly licensed insurance agent Robert Stoddard, 66, of San Clemente, Calif., was arrested in August after a California Department of Insurance investigation found he allegedly stole $1.2 million from more than 20 victims, including 14 seniors. Stoddard is being charged …
The country’s veterinarians have weathered the pandemic better than many businesses. Many were able to keep their practices operating from early on and have not had to worry about lost income like restaurants, gyms and other business owners have. Veterinary …
A judge has struck down a California ballot measure that exempted Uber and other app-based ridesharing and delivery services from a state law requiring drivers to be classified as employees eligible for benefits and job protections. Alameda County Superior Court …
During the gloomiest stretches of the pandemic, Dr. Diona Krahn’s veterinary clinic has been a puppy fest, overrun with new four-legged patients. Typically, she’d get three or four new puppies a week, but between shelter adoptions and private purchases, the …
Wyoming marijuana advocates plan to begin circulating petitions in September for two proposed ballot measures – one asking if the state should legalize medical marijuana, and the other if it should decriminalize pot. The Wyoming Attorney General’s Office last month …
The U.S. government in late August said it would work with the industry to hammer out new guidelines to improve the security of the technology supply chain, as President Joe Biden appealed to private sector executives to “raise the bar …
In the next 12 months, 56% of insurance companies plan to increase staff while 37% plan to maintain their current staff size, according to The Jacobson Groups’ latest labor study. Technology, claims and operations roles are expected to see the …
Insurers are quietly gearing up for a potential ten-fold increase in sales to the booming $17.6 billion-a-year cannabis industry as Congress inches closer to legalizing pot at the federal level. While 36 U.S. states and the District of Columbia have …
Unprecedented events have created an environment of profound uncertainty for insurance consumers seeking stability for the future. The pandemic, social unrest, global catastrophes, including severe weather occurrences, and the economic slowdown have altered consumers’ purchasing mindsets across all product and …
