Orion180 has introduced home and electronics protection service plans for homeowners and other consumers.
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Louisiana Insurance Commissioner Jim Donelon Not Seeking Re-election
Longtime Louisiana Insurance Commissioner Jim Donelon does not plan to seek re-election.
Government Intervention of SVB Saved Insurers from Potential D&O Claims: AM Best
AM Best warned that underwriters of directors and officers insurance for startups and venture capitalists, as well as the financial institution insureds supporting them, narrowly avoided financial distress thanks to US Government intervention around the collapse of Silicon Valley Bank.
SVB’s Lack of Risk Officer Emerges as Focus in Fed Probe
Silicon Valley Bank’s lack of a chief risk officer for much of last year is being examined by the Federal Reserve as part of its probe of the bank’s failure.
EPA Proposes Regulations for ‘Forever Chemicals’ in Drinking Water
The EPA on Tuesday proposed the first federal limits on so-called forever chemicals in public drinking water, a move that is expected to cost water utilities billions of dollars.
Ohio Sues Norfolk Southern Over East Palestine Train Derailment
Ohio Attorney General Dave Yost sued Norfolk Southern Corp., seeking to hold the company financially responsible for the train derailment in East Palestine.
Berkley Select Announces Enhancements to Middle Market Lawyers Professional Liability Coverage
Berkley Select has enhanced its lawyers professional liability (LPL) offerings, adding new coverages, more flexible policy forms, and expanded capacity for middle-market law firms
SEC to Consider New Cybersecurity Rules for Financial Firms
Brokers and asset managers would have to notify their customers of data breaches as part of a raft of cybersecurity-related rules the SEC is set to vote on today.
Commercial Insurance Rates Continued to Increase in the 4Q at a Slower Pace of 4.8%
U.S. commercial insurance prices have continued to increase in the fourth quarter of 2022, according to WTW. Data for nearly for all lines of coverage continued to show price increases throughout the fourth quarter, with a general rate of +4.8%.
One80 Intermediaries Expands Offering for Allied Health Care with the Acquisition of Manchester Specialty Programs
One80 Intermediaries (One80), a specialty insurance broker headquartered in Boston, today announced that it has acquired Manchester Specialty Programs.