Shares in Vestas Wind Systems A/S dropped to a two-week low after one of the world’s top makers of wind turbines was hit by a cyber attack. The Danish company said data was compromised, but that there are no signs …
The three men killed in a fiery West Texas crash involving a school bus carrying members of a high school band included the band director, the Texas Department of Public Safety said Saturday. Andrews High School band director Darin Johns, …
Britain’s competition watchdog said on Monday it will not refer insurance broker Arthur J Gallagher & Co’s planned $3.25 billion purchase of Willis Towers Watson’s treaty reinsurance brokerage business to an in-depth investigation. The Competition and Markets Authority said it …
Texas is still at risk of power blackouts this winter in the event of extreme weather like the catastrophic February storm that buckled the state’s electrical grid and left millions of people without heat for days, the nation’s grid monitor …
Independent agent associations in seven states have teamed up with the technology company Catalyit to help agencies assess and improve their use of data and technological innovations in the insurance arena. “Every day, agents reach out to FAIA with questions, …
Policyholders are starting to pull back from digital channels as the COVID-19 pandemic eases and revert to in-person ways to file insurance claims, a senior executive at Zurich Insurance Group told the Reuters Connected Claims USA event this week. The …
California Insurance Commissioner Ricardo Lara on Friday ordered the FAIR Plan to implement his mandated increases to its decades-old commercial property coverage limits offered to businesses. “My order is part of an ongoing commitment to helping businesses in California thrive …
AM Best placed under review with negative implications the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Golden Bear Insurance Co. in Stockton, Calif. The ratings of Golden Bear were placed under …
After two months of significant declines, litigated claims for Florida’s largest property and casualty insurers rose 5% in October, a litigation tracking service reported. CaseGlide, a litigation management software firm that analyzes claims dispute data, said the number of litigated …
The Alabama Department of Insurance will hold a public hearing Dec. 6 on the proposed merger of Birmingham-based ProAssurance Specialty Insurance Co. and Noetic Specialty Insurance, a Vermont company. The publicly traded ProAssurance, which also acquired the NorCal Group earlier …
