People who work from home are feeling more disconnected from the larger mission of their employers.
Author: Annie George
Florida Office of Insurance Regulation Approves Two New Property and Casualty Insurers
The Florida Office of Insurance Regulation (OIR) has approved Orion180 Select Insurance Company and Orion180 Insurance Company to form as property and casualty insurers in Florida.
After $1.7B Opioid Settlement, Mallinckrodt Readies 2nd Bankruptcy Bid
After floating the idea earlier this month, Mallinckrodt has formally declared its intention to kick off another round of bankruptcy proceedings in the coming days.
Moody’s RMS Estimates $4-6 Billion in Economic Losses from Hawaii Wildfires
Moody’s RMS®, the leading global catastrophe risk modeling and solutions company, estimates $4 to 6 billion in economic losses from the recent Lahaina conflagration and Kula wildfires in Hawaii.
U.S. High Tide Flooding Continues to Break Records
Coastal communities in eight locations along the East and West coasts experienced record high tide flooding last year — a trend that is expected to continue in 2024.
Missouri-Based A.I.G Agency and Insurance Giant AIG Trademark Jury Trial Set for January 2024
Two insurance-related companies claim the name “AIG.” A.I.G Agency is a family-owned insurance broker in Missouri, and claims to have begun calling itself “AIG” around 1958.
Teva to Pay $225M to Settle Cholesterol Drug Price-Fixing Charges
The generic drug maker Teva Pharmaceuticals agreed Monday to pay $225 million to settle price-fixing charges related to sales of a major cholesterol-lowering drug.
As Wildfires Multiply, A New Era of Air Pollution
From Quebec to British Columbia to Hawaii, North America is facing an extraordinary wildfire season—and regions both near and far have found themselves increasingly blighted by smoke exposure.
Munich Re Remains World’s Largest Reinsurer in AM Best’s Top 50 Ranking
Munich Reinsurance Company holds onto the top spot in AM Best’s annual ranking of the Top 50 Global Reinsurance groups in 2022, followed again by Swiss Re Ltd.
Florida Regulators Say No to Citizens’ Request for 13.3% Rate Increase
Amid explosive growth in its number of policies, Citizens this year asked the Office of Insurance Regulation for approval of an overall 13.3% rate increase, with 12% hikes for “multi-peril” policies on primary residences.