HANFORD, Calif. — On May 13 of last year, the cellphones of thousands of California residents undergoing treatment for chronic pain lit up with a terse text message: “Due to unforeseen circumstances, Lags Medical Centers will be closing effective May …
Pathpoint Inc. named Ralph Blust chief revenue officer and president. Blust oversees Pathpoint’s sales and underwriting operations teams. Blust has more than 35 years of insurance industry leadership. He was most recently chief executive officer of National Flood Services. Blust …
Insured losses from February’s windstorms Dudley and Eunice will likely fall between 3.0 and 4.5 billion Euro (US$3.4 and US$5.1 billion), with Germany accounting for around 40% of the total loss, according to risk modeling firm RMS. In addition to …
Oklahoma Insurance Commissioner Glen Mulready informed all property and casualty insurers authorized to do business in the state that upon renewal of an existing policy, each Oklahoma policyholder must receive notice stating any policy provision that has changed which eliminates …
The families of two Houston residents killed in a series of recent traffic accidents involving local law enforcement said Feb. 24 they believe their loved ones’ deaths are part of an ongoing problem with police pursuits and driver training for …
Fox Sports’ planned launch of the USFL this year is being challenged by former owners of the original American football league who claim the network is using its trademarks without permission in what is a “counterfeit” league. The Real USFL …
LISBON — A burnt-out cargo ship carrying thousands of luxury cars, including Porsches and Bentleys, sank on Tuesday off the Portuguese Azores archipelago nearly two weeks after it caught fire, a port official said. Joao Mendes Cabecas, the captain of …
Counterpart, the management liability insurtech, announced raising $30 million in Series B growth financing led by Vy Capital, a global technology investment company that has backed leading companies such as Coalition and Reddit. Prior investors also participated in the round, …
Munich Re Specialty Insurance (MRSI) has named long-time Zurich North America executive Sabrina Hart as president of its excess and surplus lines business. Hart is charged with expanding E&S’s specialty product offerings, particularly in the U.S. middle markets. She is …
American International Group said it is committing to net-zero greenhouse gas emissions within its underwriting and investment portfolios by 2050. “AIG is focused on the realities of climate change,” said Peter Zaffino, AIG chairman and CEO, in a statement. “The …
