Berkshire Hathaway Reports First Underwriting Loss Since 2017, Drop in GEICO Staffing February 27, 2023 Berkshire Hathaway recorded its first full-year underwriting loss since 2017—but a small one—as strong profits from reinsurance operations were almost...
Lindberg Indicted on New Federal Charges of Skimming From His Insurance Companies February 27, 2023 North Carolina business and insurance magnate Greg Lindberg has been indicted again on federal criminal charges, this time on accusations...
Florida’s Universal Insurance Bounces Back in Q4 After Hurricane Ian Losses February 27, 2023 By Staff and Wire Reports Universal Insurance Holdings Inc. (UVE), parent company of Universal Property & Casualty Insurance Co., last week reported net income of...
Kentucky Senate Votes to Provide Teachers with Liability Insurance for Lawsuits February 27, 2023 The Kentucky Senate voted Friday to provide teachers with liability insurance coverage as a cushion against financial losses when forced...
Florida City’s Insurance to Pay $2 million in Settlement in Fatal Police Shooting February 27, 2023 A South Florida city has reached a $2 million settlement with the family of a Black motorist who was fatally...
New Jersey Beach Town Fined $12M Over Unapproved Past Construction Work February 27, 2023 By Wayne Parry NORTH WILDWOOD, N.J. (AP) — The sandstorm being waged between New Jersey environmental officials and a defiant shore town bolstering...
E-Bike Batteries Blamed for 22 New York City Fires, 2 Deaths This Year February 27, 2023 Lithium ion batteries used to power electric bicycles and scooters have already sparked 22 fires that caused 36 injuries and...
Worker Killed in High Rise Condo Balcony Collapse February 27, 2023 A balcony on a high rise condominium on the New Jersey shore collapsed onto a lower balcony, killing a construction...
People Moves: Aspire General in California Names Chairman February 27, 2023 Aspire General Insurance, based in Rancho Cucamonga, California, named Byron Storms chairman of the board. Storms has worked in senior...
People Moves: Valley Insurance Agency Alliance Promotes McCoy to Powers Personal Lines Manager; Church Mutual Promotes Two Assistant VPs February 24, 2023 Valley Insurance Agency Alliance Promotes McCoy to Personal Lines Manager at Powers Valley Insurance Agency Alliance (VIAA), a cohesive family...