Switzerland’s Zurich Insurance Group has agreed to buy Australia’s biggest travel insurance provider, Cover-More Group, for A$741 million ($551 million), stepping up its investment in the Australian market. Global buyers have been drawn to the broader Australian insurance sector, where …
North Carolina’s Supreme Court is rejecting efforts by insurance companies to raise homeowners’ premiums. The state’s highest court on Friday dismissed arguments by the group that represents North Carolina insurers, which in 2014 sought an average 25 percent increase in …
A North Dakota mutual insurer with ties to the Farm Bureau is awaiting a decision from the state insurance commissioner as to whether it can proceed with a plan to convert to a stock insurance company. Nodak Mutual Insurance Co. …
Hub International Limited, a global insurance brokerage, has acquired the assets of MDW Insurance Group, Inc. and its affiliates Agents Insurance Resources, Inc. and A.I.R. Insurance Marketing, Inc. (MDW). Terms of the acquisition were not disclosed. Based in Coral Gables …
The Beechwood group of reinsurance companies is in talks to sell most or all of itself after a backlash from some clients due to its relationship with troubled hedge fund manager Platinum Partners, according to a person familiar with the …
A Stanford University graduate student claimed in a federal lawsuit that the school failed to adequately investigate and discipline a former student who was a “known sexual predator” while attending the college and sexually assaulted her and other female students …
Arkansas Gov. Asa Hutchinson says federal officials have approved a number of changes the state wants to make in a Medicaid expansion program known as “Arkansas Works.” The governor said that the Department of Health and Human Services will authorize …
The Louisiana State Police announced the arrest of a 38-year-old St. Bernard man who is accused of possessing approximately $393,000 worth of stolen vehicles. Detectives assigned to the Bureau of Investigations Auto Theft/Insurance Fraud Unit arrested Demetrius Robinson on Dec. …
Together, three Texas companies are facing federal penalties totaling more than $277,000 for failing to provide safe environments for their employees. During the past two weeks, the federal Occupational Safety and Health Administration has cited and fined CPE Feeds Inc. …
California Senate Bill 863 may have contributed to decreases in medical payments per workers’ compensation claim in 2013 and 2014, according to a study by the Workers Compensation Research Institute. The WCRI study shows medical payments per claim in California …
