August 12, 2018
The sale of a life insurance unit and an easing of catastrophe costs boosted Liberty Mutual Holding Co.’s net income for the second quarter to $981 million, well above the $126 million it saw in the same quarter last year. …
August 10, 2018
Michigan is seeking insurance innovation entrepreneurs and has opened channels to encourage innovator interaction with the state insurance department. The Michigan Department of Insurance and Financial Services (DIFS) announced it has established an insurance innovation hotline and dedicated email address …
August 10, 2018
Pie Insurance, an online seller of workers’ compensation policies to small-and-medium-sized businesses, reported it has completed an $11 million Series A funding round. The company, a full stack managing general agent (MGA) operation, currently offers its online buying process that …
August 10, 2018
The steady march of new “right-to-work” laws in Republican-led states hit a wall in Missouri, where voters resoundingly rejected a measure that could have weakened union finances after national and local labor groups poured millions of dollars into the campaign …
August 10, 2018
State and federal officials are asking Exxon Mobil to pay more than $1.8 million in compensation for a 2013 oil spill in Arkansas. The Arkansas Democrat-Gazette reports that the state Game and Fish Commission proposed the settlement Tuesday. The funds …
August 10, 2018
Federal safety officials have cited an El Paso, Texas, construction company for failing to protect its employees from trench collapse hazards. El Paso Underground Construction, a pipe-laying company, faces $190,642 penalties proposed by the U.S. Department of Labor’s Occupational Safety …
August 10, 2018
G2 Insurance Services has partnered with Urgent.ly, a global, digital roadside assistance platform, to offer roadside assistance services to G2’s high net worth clients. G2’s Personal Risk Management clients will be assigned a dedicated phone number that will allow access …
August 10, 2018
Fort Worth, Texas-based Higginbotham has acquired Colt Risk Management Services (CRMS). CRMS is an independent commercial insurance broker specializing in aviation risk. The CRMS team has moved to Higginbotham’s Friendswood office, giving that location a combined staff of nearly 40 …
August 10, 2018
Starr Companies will underwrite a Super Visa Insurance product sold by Travel Shield, a trade name used by Mars Empire Group Inc. The product is designed to meet the medical insurance requirements of the Canadian super visa program. The super …
August 10, 2018
Church Mutual Insurance Company and Church & Casualty Insurance Agency have launched CM Wildfire Solutions, a no-cost, multifaceted program to keep customers and their property safe from the devastation of wildfires. CM Wildfire Solutions is being piloted in California with …