The cost of insurance premiums was ranked as the top deciding factor when picking a policy by 61 percent of small and medium-sized enterprises (SMEs), according to survey data released by London-based RSA Insurance. This was followed closely by brokers’ …
Results from a monthly survey of business supply managers released Feb. 1 suggest economic conditions continue to improve in nine Midwest and Plains states, and that confidence in the regional economy is at its highest level in six years. The …
The Missouri Department of Insurance reminds Missouri high school seniors and current college students that the application deadline for Missouri Insurance Education Foundation (MIEF) scholarships is March 31. Four $1,500 scholarships will be awarded to graduating high school seniors who …
A Missouri-based utility said it will appeal a state judge’s award of more than $10 million to a man who said he developed permanent respiratory issues while working as a mechanic at one of the company’s sites. Circuit Judge William …
Specialty insurer Beazley, which offers data breach response insurance, said its specialized breach response unit saw ransomware attacks quadruple in 2016 and the insurer projects they will double again in 2017. Nearly half of these attacks occurred in the healthcare …
The Surplus Lines Stamping Office of Texas (SLTX) has identified the following changes to the Texas the list of eligible surplus lines insurers in the state. Approved eligible insurers effective Jan. 1, 2017 include alien insurers Lloyd’s of London Syndicate …
Markel Corp. has agreed to acquire surety firm SureTec for approximately $250 million, inclusive of a three-year earn out. SureTec is one of the largest privately owned surety companies in the U.S. SureTec’s largest subsidiary, SureTec Insurance Co., is rated …
The New Jersey Supreme Court has ruled in favor of Givaudan Fragrances Corporation (Fragrances) in a $500 million insurance coverage lawsuit against Aetna Casualty & Surety Company and additional insurers named as defendants. The move affirms that New Jersey policyholders …
Global specialty insurer The Navigators Group Inc. has appointed Jacob Ingerslev to the newly created position of global practice leader for cyber liability. Ingerslev will be responsible for leading Navigators’ cyber liability practice, including product development, line management and advancement …
A U.S. jury in Texas on Wednesday ordered Facebook Inc., its virtual reality unit Oculus, and other defendants to pay a combined $500 million to ZeniMax Media Inc., a video game publisher that says Oculus stole its technology. The jury …
