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November 21, 2024Allianz Offers 5 Loss Trends to Watch on the Liability Front
As the costs of nuclear and thermonuclear verdicts explode in the U.S., organizations are examining ways to predict, prevent and avoid the liabilities that light the fuse on multi-million-dollar court cases. Areas critical to watch include pharma cla …
November 21, 2024Sica Fletcher Index: Total Agency-Broker M&A Revenue Down 38% YTD
The 22 acquirers that make up the Sica Fletcher Index were involved in 142 agent-broker deals in the third quarter to match the amount of deal from the same quarter last year. Members completed 385 acquisitions for the year as …
November 21, 2024Redfin Reports Home Sales Dropping Fast in Five Florida Metro Areas
The five U.S. metropolitan areas with the biggest drop in home sales are all in Florida, the result of a perfect storm of rising insurance costs, homeowner association fees and repeat storms, a home sales tracking service reported Wednesday. Redfin, …
November 21, 2024KBRA Downgrades Insurance Financial Strength Ratings of Oregon Mutual Insurance Company
KBRA downgraded the insurance financial strength ratings (IFSR) of Oregon Mutual Insurance Co. and its wholly owned subsidiary, Western Protectors Insurance Co. to BBB+ from A-. The outlooks for both ratings remain negative. The downgrades reflect th …
November 21, 2024People Moves: CompScience Names Silver SVP of Client Service and Success
CompScience hired Jeremy Silver as senior vice president of client service and success. Silver has decades of experience scaling customer success, services and support teams. He is currently a founding limited partner at Success Venture Partners, and …
November 21, 2024Department of Labor Fines California Retirement Home $137K for Back Wages, Damages
A California assisted living facility for seniors was fined more than $137,000 after an investigation by the U.S. Department of Labor’s Wage and Hour Division reportedly found the facility failed to properly account and pay for all overtime hours wor …
November 20, 2024Virginia Seeks $4.4 Billion Additional Federal Aid for Hurricane Helene Recovery
Citing the devastating impacts of Hurricane Helene in southwest Virginia, Governor Glenn Youngkin submitted a request to President Joseph Biden, President-elect Donald Trump and Congressional appropriators for $4.4 billion in federal support. Youngki …
November 20, 2024AT&T Stadium Roof Debris Falls to Field Before Dallas Cowboys Game
ARLINGTON, Texas (AP) — A piece of the roof at the home of the Dallas Cowboys fell to the field while the retractable portion of it was being opened at least three hours before a 34-10 loss to Houston on …
November 20, 2024Judge Tosses Ex-Arkansas Governor’s Suit Against Meta Over CBD Advertisement
A federal judge in Delaware on Monday dismissed a lawsuit filed by former Arkansas Gov. Mike Huckabee against social media giant Meta over advertisements using his name and image to sell CBD products. Huckabee, a Baptist minister and President-elect …
November 20, 2024A-G Specialty Acquires Michigan’s First Agency TPA
A-G Specialty announced the acquisition of First Agency TPA, A Gallagher Company. First Agency TPA specializes in student and athletic accident coverage at both the interscholastic and intercollegiate levels, as well as special – risk programs such a …
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