Verizon Wireless has agreed to pay a $1 million penalty levied by the Federal Communications Commission after a 2022 service outage left people across the Southeast unable to call 911. “Today’s action is part of the FCC’s ongoing effort to …
The South Carolina Department of Insurance is again requesting carrier data on the health of liability insurance markets in the state. “As you are aware, South Carolina and other states have seen liability markets harden significantly over the past several …
(Reuters) – Owens Corning said on Friday it will buy door maker Masonite International for $3.9 billion in an all-cash deal, as it looks to beef up its home-building portfolio and expand its reach. Owens will acquire all outstanding shares …
Specialist liability underwriter Medical & Commercial International (MCI) announced the launch of a ground-breaking communicable disease liability (CDL) cover. Based on extensive epidemiological research by leading scientists and liability practitioners, MCI said it will be the world’s first and only …
edical & Commercial International (MCI), the specialist managing general agency, has received “in-principle” approval from Lloyd’s for Syndicate 1902 to underwrite business incepting on or after Jan. 1, 2022. The syndicate will write gross written premium (GWP) of £45 million …
Indianapolis businesses not following the city’s coronavirus restrictions will face a greater chance of fines as officials said on Aug. 11 that they will ramp up enforcement. State health officials added 25 more COVID-19 fatalities to Indiana’s death toll as …
The Professional Insurance Agents’ (PIA) recent survey of more than 400 independent agencies showed significant market changes in the Northeast — with the homeowners insurance and commercial property market appearing to be most affected by the shift. More than 400 …
