It’s no secret to buyers of almost any type of property/casualty insurance policy — home, auto, business — that rates are rising, regardless of whether claims have been submitted. People may also have heard about major insurers who are pulling …
A group of poultry producers, including the world’s largest, have asked a federal judge to dismiss his ruling that they polluted an Oklahoma watershed. Arkansas-based Tyson Foods, Minnesota-based Cargill Inc. and the others say in a motion that evidence in …
Challenges facing today’s business leaders include keeping pace with rapid change, the leader of Travelers said in late October while also going out of his way to cast light on a serious obstacle to forward progress: polarization. “I think it’s …
A dispute between two veteran west Alabama insurance agents has made it all the way to the state Supreme Court after three years of civil litigation, suggestions of criminal activity and claims of sexual harassment, assault and improper business practices. …
Investment banking and financial firm OPTIS Partners said the count of agency mergers and acquisitions through the first three quarters of 2023 saw the largest declined ever recorded. There were 534 announced M&A deals of U.S. and Canada property/casualty insurance …
The aftershocks of the COVID-19 pandemic have hit businesses hard, with inflation, supply chain disruptions, and increasing downtime. Just as we saw how ill-prepared our healthcare system was for the global outbreak, so was our economy, and our supply and …
Auto repairs are taking more than twice as long as they did in 2021, but policyholders who filed claims appear to be taking that in stride. J.D. Power reported that the industry average claims satisfaction rating increased five points to …
Insured losses from severe convective storms in the United States continued to increase during the third quarter, surpassing the $50 billion mark for the first time on record and accounting for roughly 60% of all global insured losses, according to …
At Energy Insurance Agency in Lexington, Kentucky, creating a great place to work is at the core of the agency’s success. The company’s family-friendly policies, personal attention to employees, opportunities for advancement and innovative employee benefits have earned Energy Insurance …
The number of record-breaking statistics related to natural disasters in recent years is eye-opening to the impact of climate change and the urgent need for the U.S. to invest in stronger mitigation, adaptation, and resilience efforts. In 2023, between January …
