Andrew Bailey will be the next head of the Bank of England after the government chose to replace Mark Carney with the U.K.’s top financial regulator, just as Britain faces the next phase of Brexit. He’ll start on March 16, …
Florida’s insurer of last resort Citizens Property Insurance Corporation will make shrinking its policyholder count a priority next year, despite potential headwinds that may come from Florida domestic carriers raising rates and restricting coverage. Prompted by a request from Florida …
Environmental and watchdog groups have long criticized the Texas Commission on Environmental Quality for taking it too easy on polluters — and the TCEQ has often countered that its job is to coax industrial facilities into compliance rather than slap …
Thousands of people whose state income tax refunds were withheld to pay Cedar Rapids, Iowa, traffic camera tickets would get refunds under a proposed $3 million lawsuit settlement. The City Council learned on Dec. 17 that the city also would …
Fidelis Group Holdings LLC (FGH), a Covington, Louisiana-based provider of marine insurance coverage and services, has made three key promotions in its claims division, Fidelis Claims Service LLC (FCS). Christian Kelly has been named head of Claims. An attorney with …
In the dreary archives of a Newark, New Jersey, courthouse, Ronald Motley found a treasure map. It was an evidence log, a detailed inventory of documents and other exhibits that had been used in an injured worker’s lawsuit. And it …
As many as 30 vehicles were damaged when they hit a pothole that opened up in the center lane of Interstate 4 near Orlando on Tuesday night, the Florida Highway Patrol said. Troopers and officers from other agencies responded to …
Ascot has appointed Crystal Greene as senior vice president, head of Management Liability. Greene will lead Ascot’s commercial directors and officers (D&O) and related product business in the U.S from Atlanta. She joins Ascot with 25 years of experience – …
Allstate is retiring its Esurance brand and combining its remaining Allstate, Encompass and Answer Financial personal lines brands under a single business model. The company says dropping Esurance and creating the new business model will lower costs and allow it …
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of the members of Safeway Insurance Group (Safeway). Safeway is composed of four …
