Louisiana property and casualty insurers will be assessed $100 million to cover the cost of two regional insurance companies facing insolvency due to losses from Hurricane Ida. The Louisiana Insurance Guaranty Association board voted Nov. 30 to assess admitted insurers …
Thanks in part to higher surplus levels and favorable risk-adjusted capitalization at the start of 2021, the U.S. personal lines insurance segment has managed to navigate the challenges of this year including above-average catastrophe activity, a return to pre-pandemic frequency …
A lawsuit filed against a Wichita car dealership by the wife of a police officer injured when he was run over by a sport utility vehicle from the business has been settled for an undisclosed amount. Officer Brian Arterburn was …
Hub International Limited (Hub), a global insurance brokerage and financial services firm, has acquired the assets of Catto & Catto, Inc. and Catto & Catto Benefits Group, LLC (collectively, Catto & Catto). Terms of the transaction were not disclosed. Located …
New digital managing general agency Joyn is expanding its excess and surplus coverage offerings to a total of 28 states plus Washington, D.C. The majority of the new offerings are excess lines of business in 21 states and Washington, D.C, …
Self-driving tech startup Nuro said on Wednesday it was rolling out California’s first commercial autonomous delivery service in partnership with 7-Eleven, a convenience store operator. Nuro and rivals such as Waymo are launching or planning to launch autonomous delivery services …
A Bronx, New York, man has been indicted on grand larceny, insurance fraud and additional charges for falsely claiming he was fully disabled and unable to work at his state job so he could collect more than $35,000 in workers’ …
World Insurance Associates LLC (WIA) acquired Coe-Brooke Insurance Agency Inc. of Point Pleasant, New Jersey, on November 1, 2021. Terms of the transaction were not disclosed. Coe-Brooke Insurance Agency Inc. is a family owned and operated agency with more than …
Seattle, Washington will pay $3.5 million to settle a wrongful-death civil lawsuit filed on behalf of the children of a pregnant Black woman who was fatally shot by two white Seattle police officers in 2017. Karen Koehler, a Seattle attorney …
Ten Maine coastal communities on Casco Bay are banding together in hopes of being able to help prevent future flooding. Over the next two years, the Casco Bay communities will invest a half million dollars on projects that could include …
