July 27, 2023
GREEN BAY, Wis. (AP) __ A minivan crashed into a building in Wisconsin, toppling much of its brick facade and leaving much of its roof sagging precariously, police said Monday. Officers called to an area near downtown Green Bay late …
July 27, 2023
Second-quarter net income at broker WTW was down 16%, compared to the same period a year ago, to $96 million. Revenue at WTW was up 6% to $2.16 billion, with organic growth up 7%. WTW Chief Executive Office Carl Hess …
July 27, 2023
The independent agency channel is holding ground and showing slow, steady gains in lines of business penetration, including homeowners, according to the Big “I” 2023 Market Share Report. Based on 2022 data, this year’s report points to the growth of …
July 27, 2023
Charles Williamson has been hired by Marsh to become chief executive officer of it global managing general underwriting business, Victor. Williamson was most recently co-founder and CEO of Vault, an MGA and reciprocal exchange for the high net worth market. …
July 27, 2023
Allen Joins BroGue Insurance & Financial Services BroGue Insurance & Financial Services, headquartered in Bangor, Maine, hired Elaine Allen as a personal lines account manager. Allen started her insurance career with Farmers Insurance as a retention specialist and most recently …
July 27, 2023
Property and casualty insurer Liberty Mutual will stop offering its business owner’s policy (BOP) product in wildfire-prone state California from Oct. 1, in a sign that cost inflation and higher catastrophe losses are pounding insurers’ profits. A spokesperson for Liberty …
July 27, 2023
Two Florida Democratic state senators are hosting webinars this month and next on the state’s property insurance situation. “Homeowners Insurance 101: A Guide for Insurance Coverage,” a series of virtual town hall meetings, began Wednesday on the Florida Senate Democratic …
July 27, 2023
OxyContin maker Purdue Pharma can start executing a settlement that protects members of the Sackler family who own the company from civil lawsuits over the toll of opioids, a court ruled Tuesday. The ruling from the 2nd U.S. Circuit Court …
July 27, 2023
Opening a new front in legal battles over college admissions, the U.S. Department of Education has launched a civil rights investigation into Harvard University`s policies on legacy admissions. Top colleges` preferential treatment of children of alumni, who are often white, …
July 27, 2023
Authorities searched on Thursday for the person who set a fire that killed a Memphis firefighter and sent three others to the hospital. The Memphis Fire Department said arson was to blame for a fire late Tuesday that killed Lt. …