Second quarter 2024 net income at W.R. Berkley Corp. increased nearly 8% compared to the same period a year ago Net income was about $401.3 million for Q2 2025 compared to net income of $371.9 million a year ago during …
WR Berkley Q2 Net Income Up Near 8% on Underwriting, Investments Read More »
Uber Technologies Inc. is suing a group of lawyers and medical providers in Los Angeles who it says have made fraudulent insurance claims that cost the company millions in legal fees — the third such lawsuit it’s filed this year. …
Uber Alleges Inflated Injury Bills in Los Angeles Insurance Fraud Lawsuit Read More »
Here are the details of the European Union’s 18th package of sanctions against Russia over its war in Ukraine, approved on Friday and aimed at dealing further blows to Russia’s oil and energy industry. OIL PRICE CAP Central to the …
What’s in the EU’s 18th Sanctions Package Against Russia? Read More »
A Bettendorf, Iowa insurance public adjuster has been charged with forgery and identity theft, the Iowa Insurance Division (IID) announced. Dennis Flaherty, age 74, of Moline, Illinois, was charged with one count of Forgery (Class D felony) and three counts …
Iowa Public Adjuster Charged With Forgery and Identity Theft Read More »
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Society Insurance, a mutual company based in Fond du Lac, Wisconsin. …
AM Best Revises Outlook to Negative for Wisconsin’s Society Read More »
More than two weeks after catastrophic July Fourth floods along the Guadalupe River in Kerr County, authorities reported Saturday that nearly all of the people who had remained on the list of missing persons have been verified as safe. As …
Missing Persons Count From Texas Floods Down to 3 Read More »
A vehicle rammed into a crowd of people waiting to enter a performance venue along a busy boulevard in Los Angeles early Saturday, injuring 30 people and leading bystanders to attack the driver, authorities said. The driver was later found …
Car Strikes Crowd Outside Los Angeles Venue, Injuring 30 Read More »
Microsoft Corp. warned that hackers are actively targeting customers of its document management software SharePoint, with security researchers flagging the risk of potentially widespread breaches around the world. Vulnerabilities in the software have allowed hackers to access file systems and …
Hackers Exploit Microsoft SharePoint as Firm Works to Patch Read More »
Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to second quarter 2025 results of the Ivans Index. The Chicago-based technology provider for insurance carriers, agents, and managing general agents said the average premium renewal …
Renewal Rates in Q2 Tell of ‘Slowly Softening’ Commercial Lines Market, Says Ivans Read More »
This edition of International People Moves details appointments at HDI Global Canada and QBE Europe. A summary of these new hires follows here. HDI Global Canada Appoints Reedie as Head of Engineering and Construction Derek Reedie has been appointed head …
