President Joe Biden said on Tuesday the ransomware attack centered on the Florida information technology firm Kaseya seems to have inflicted only “minimal damage” on American businesses. “It appears to have caused minimal damage to U.S. businesses, but we’re still …
By all accounts the California wildfire season continues to shape up to be a bad one, and another catastrophe modeling firm has reported sales of their products picking up due in part to carriers and reinsurers looking for more ways …
The Texas Windstorm Insurance Association has posted its 2021 Rate Adequacy Analysis for public review. The analysis indicates that TWIA’s current rates are inadequate by 39% for residential coverage and 46% for commercial coverage. TWIA’s analysis consists of several PDF …
Hobbs, N.M., will pay a $1.4 million settlement to three former police officers whose whistleblower lawsuit alleged they were subjected to racist language and directed to target minority neighborhoods. The 2017 lawsuit filed former officers Brandon Ellis, Vasshawn Robinson and …
Hub International Ltd. has acquired the assets of Ward Insurance Agency Inc. in Oregon. Terms of the deal were not disclosed. Erik Finrow, president of Ward Insurance, will join as executive vice president of Hub Northwest. The Ward Insurance team …
Tropical Storm Elsa is moving northward along the west coast of Florida, bringing heavy rains and winds, the National Hurricane Center reports. At 5 a.m. Wednesday morning, Elsa was reported to be about 70 miles west northwest of Tampa, with …
The Michigan Supreme Court is chipping away at a longstanding legal doctrine that makes it tough to win slip-and-fall lawsuits in the state. Donna Livings needed three surgeries after falling in an icy lot as she tried to get to …
Wells Media Group publications, websites, webinars, research and podcasts have won a total of nine 2021 Azbee Awards of Excellence from the American Society of Business Publication Editors (ASBPE). “The team is proud to be recognized by our publishing peers,” …
This group of international People Moves provides details of appointments at insurer AXA XL; Carbon Underwriting, a managing general underwriter; and iprism, a managing general agent. A summary of these new hires follows. AXA XL Insurance announced it has appointed …
A small earthquake struck a sparsely populated area of central Wyoming on Sunday, the U.S. Geological Survey confirmed. There were no immediate reports of damage or injuries from the quake about 29 miles south of Ten Sleep near the Nowood …
