ST. LOUIS (AP) – Big rig driver David Cherno was hauling Jimmy Dean sausages on Interstate 70 when he had to stop for the night or risk violating federal regulations limiting driving time for truckers. An Illinois rest area was …
Doksuri has strengthened further and may intensify into a super typhoon before a possible landfall in northern Philippines en route to Taiwan. The typhoon is moving westward “slowly” with maximum winds of 150 kilometers (93 miles) per hour and gusts …
Embroker said it promoted Ben Jennings, the company’s chief revenue officer for the last four years, to chief executive officer. The digital business insurance platform said it conducted an extensive search for a new CEO. Founding CEO Matt Miller stepped …
Booz Allen Hamilton Holding Corp. said it will pay $377.5 million under a settlement agreement with the US Department of Justice to settle a civil investigation related to its cost accounting. The case is “one of the largest procurement fraud …
Insurance claims inflation has risen faster than the underlying consumer price index (CPI), outpacing auto insurance premium increases, according to a new study, Auto Insurance: The Uncertain Road Ahead, by the American Property Casualty Insurance Association (APCIA). The national trade …
Many of the lowest-lying coastal areas of the Southeastern United States, including some heavily populated parts of Florida, will be subject to increased annual flooding in less than 30 years, according to scenarios mapped by a climate research organization. Under …
The Florida Legislature made national headlines late last year when it effectively curtailed one-way attorney fees and greatly limited plaintiffs’ fee multipliers in claims litigation. Property insurers celebrated the end to practices that they said had led to runaway legal …
The Latin American Association of Insurance Agents has elected new a new board of directors for the term that lasts through 2025. At its 53rd annual convention this month in Hollywood, Florida, the association named Juan Carlos Diaz-Padron, vice president …
McDonald-Leavitt Insurance has merged into another larger Leavitt Group affiliate, Leavitt United Insurance Services. This merger is intended to provide Kim and David McDonald—McDonald-Leavitt founders and co-owners—with broader market access, a dedicated claims department, loss control services, and a robust …
SAIF, headquartered in Salem, Ore., named Olivia Keefer its new chief actuarial officer. Keefer previously served as actuarial director. In her new role, she manages the reserves process, oversees ratemaking and the rate filing process, maintains the economic capital model …
