The National Highway Traffic Safety Administration is kicking off its annual U Drive. U Text. U Pay. campaign, raising awareness of the dangers of driving while distracted.
Author: Annie George
Crisis in Banking and the D&O Market
The effects of the ongoing banking crisis are not limited to financial institutions; the D&O and P&C insurance markets have also suffered. This report investigates the origins of the banking crisis, its impact on the D&O markets, and what it means for P&C agents and brokers.
Why the US Leads the World in Weather Catastrophes
Blame geography for the U.S. getting hit by stronger, costlier, more varied and frequent extreme weather than anywhere on the planet, several experts said.
Tesla Ordered to Pay More than $3 Million in Racial Harassment Case
Tesla Inc. secured a financial reprieve when a jury ordered the company to pay more than $3 million to a Black former worker in a racial harassment case, a fraction of the payout the company initially owed.
DOXA Acquires Preferred Aviation Underwriters
The niche MGA brings a wealth of experience in a new industry to DOXA’s portfolio with a full suite of aviation-focused products.
Orion180 Group Inc. Raises Additional $42.5 Million of Capital
Orion180, a premier provider of insurance solutions, has closed on an inaugural $42.5 million senior secured credit facility led by Regions Bank.
U.S. Convective Storm Outbreak to Drive Hundreds of Millions in Losses: Aon
The series of severe convective storms that broke out in the U.S. over the last week are estimated to cause total economic and insured losses in the hundreds of millions of dollars, suggests Aon.
US Homeowners Insurers to See Improved 2023 Results on Premium Growth
Material rate increases for homeowners insurance in most jurisdictions support strong premium growth in 2023, with segment results likely to improve going forward.
Administration to Move Forward with Changes to Medicare Payments
The Biden administration will move ahead with changes that could reduce federal payments to many private Medicare plans, but will phase them in more slowly than it had planned.
J&J Unit Loses Bid to Stay in Bankruptcy During Supreme Court Appeal
A Johnson & Johnson company cannot delay a court order dismissing its bankruptcy, a U.S. court said on Friday.