April 10, 2023
The bodies of two men and two women have been recovered following a small plane crash just off Florida’s Gulf Coast, police said Thursday. The plane had just taken off from Venice Airport when it crashed into the Gulf of …
April 10, 2023
The North Carolina General Assembly would get to choose more members of several powerful state commissions, including the Utilities Commission, an economic investment committee, and environmental and health boards, under legislation approved by the Republican-controlled Senate on Thursday. The elected …
April 10, 2023
The Gorky Automobile Plant, part of Russia’s GAZ Group which was contracted to assemble cars for Volkswagen, has filed a lawsuit to recover 28.4 billion roubles ($348 million) from the German automaker, court records show. The lawsuit, details of which …
April 10, 2023
An analysis that was the basis of a highly criticized recommendation from Florida’s surgeon general cautioning young men against getting the COVID-19 vaccine omitted information that showed catching the virus could increase the risk of a cardiac-related death much more …
April 10, 2023
Canopius Group, a global specialty re/insurer, announced a new partnership with managing general agent Falvey Insurance Group (FIG) to offer inland marine coverage in the United States. This marks the first time that Canopius U.S. and Falvey will be writing …
April 10, 2023
Seventeen U.S. property/casualty insurance companies became impaired in 2021, with seven of the impairments driven by catastrophe losses from hurricanes, primarily in Louisiana and Florida, according to an AM Best report. In addition to the five Louisiana-domiciled companies and two …
April 10, 2023
Three former executives of a company that makes machines that test lead levels in humans deliberately concealed a problem with the devices that produced falsely low results for tens of thousands of children, federal prosecutors in Boston said last week. …
April 10, 2023
AM Best has placed under review with negative implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of R&Q Insurance Holdings’ three wholly owned program management subsidiaries: Accredited Surety and Casualty Co. …
April 10, 2023
The office vacancy rate in downtown Toronto reached its highest point since 1995 as the persistence of remote work damps companies’ need for space in Canada’s most-populous city. The vacancy rate in the city core, home to the largest Canadian …
April 10, 2023
Reported demise of the independent insurance agency as a sales and distribution channel have been greatly exaggerated. Over the course of a decade or more of predictions about the growth of the direct-to-consumer models, independent agents continue to thrive and …