April 19, 2023
Canada’s Desjardins Group is seeking acquisitions in the property and casualty (P/C) insurance space as it seeks to boost its presence across the country, CEO Guy Cormier told Reuters on Tuesday. Cormier said the Quebec-based cooperative financial group is mainly …
April 19, 2023
Editor’s note: This article first ran in Insurance Journal’s sister publication, Carrier Management, earlier this month. It was written by CM Editor Susanne Sclafane. The National Council on Compensation Insurance, which turns 100 years old this year, is headquartered in …
April 19, 2023
After five years of tweaks to Florida’s insurance and tort laws, all designed to reduce the vast amount of claims litigation and – eventually – bring down property rates, many in the industry argue that there’s still one big piece …
April 19, 2023
A judge has agreed to seal from public view the terms of a proposed settlement agreement that benefits the son of slain cinematographer Halyna Hutchins, in a wrongful death lawsuit against actor Alec Baldwin and an array of producers and …
April 19, 2023
Four Native Americans who say they were abused by three Roman Catholic priests on their reservation in Maine are the latest to bring lawsuits since the state fully lifted the statute of limitations for child sex crimes. The Penobscot Nation …
April 19, 2023
Classrooms across Tucson, Arizona, were ravaged by ransomware in January that locked up computer systems and forced teachers to revamp lesson plans. Officials in southern Arizona’s largest school district tried assuring students and staff for weeks that, despite the cyberattack, …
April 19, 2023
The son of the late Major League Baseball Hall of Famer Roberto Clemente alleges that Allstate Insurance Co. committed fraud when it cancelled his family agency’s agreement after accusing them of fraud for using auto insurance discounts that the insurer …
April 19, 2023
As a child, Lawrance W. McFarland lived on a small piece of land on a Native American reservation in Palm Springs he described as a “little world of its own,” surrounded by the parts of the city that were tourist …
April 18, 2023
Ryan Specialty Promotes RT Specialty Leaders Austenfeld and Houska Ryan Specialty Holdings, Inc. has promoted Brenda (Ballard) Austenfeld and Chris Houska to CEO and president of their respective RT Specialty practices, the wholesale brokerage specialty within Ryan Specialty. Austenfeld, CEO …
April 18, 2023
The U.S. Securities and Exchange Commission met on Friday to open public comment again on its proposal to expand the definition of an “exchange,” clarifying that its existing rules on exchanges also apply to decentralized cryptocurrency platforms. The SEC voted …