Walmart, the world’s largest retailer, said Tuesday that it was shutting down its health care centers, a network that only last year it said it planned to expand.
Author: Annie George
Baltimore Bridge Disaster Costs Aspen as First-Quarter Profit Declinest
Aspen Insurance Holdings Ltd. posted lower first-quarter net income as lower underwriting profit — due partly to the Baltimore bridge disaster — outpaced investment gains.
BRP Group to Rebrand as The Baldwin Group
BRP Group, Inc. announced today that it will transition to a new firm-wide brand to best reflect the firm’s transformation, growth and integrated approach to delivering innovative client solutions.
Self-driving Tractor-Trailers Heading for U.S. Roads
Within three or four years, Aurora and its competitors expect to put thousands self-driving trucks on America’s public freeways. The goal is for the trucks, which can run nearly around the clock without breaks, to speed the flow of goods, accelerating delivery times.
States Struggle to Keep Property Insurers from Fleeing as Wildfire Risk Grows
Months after a catastrophic fire burned more than 2,200 homes in Hawaii, some property owners are getting more bad news — their property insurance won’t be renewed because their insurance company has deemed the risk too high.
Louisiana Commissioner: Legislators Approve Four Bills to Tackle Insurance Crisis
Louisiana Insurance Commissioner Tim Temple said a plan that tackles a property insurance crisis is moving forward after legislators approved four bills, including one eliminating rules largely prohibiting carriers from dropping policyholders who stayed with them at least three years.
Ryan Specialty Completes Acquisition of Castel Underwriting Agencies
Ryan Specialty, a leading international specialty insurance firm, is pleased to announce that it has completed the acquisition of Castel Underwriting Agencies Limited, a Managing General Underwriting (MGU) platform.
Aon Estimates Q1 Global Insured Catastrophe Losses of at Least $17B
Broking giant Aon has estimated that global insured catastrophe losses amounted to at least $17 billion in the first-quarter of 2024, which was slightly above average by its measure.
Q1 2024 Sets Record for Most Ransomware Attacks in a First Quarter: Corvus
As per a new report from Corvus Insurance, Q1 2024 has set a record for the most global ransomware attacks in a first quarter.
Omaha National Acquires California Domiciled Insurance Company
Omaha National Group Inc., a leading tech-enabled provider of workers’ compensation insurance, has acquired Sutter Insurance Company, a California domiciled insurance carrier that has been renamed Omaha National Casualty Company.