A California appeals court on Monday overturned a sex abuse conviction against a former University of California, Los Angeles, gynecologist and ordered the case to be retried. A three-justice panel from California’s 2nd District Court of Appeal ruled Dr. James …
Appeals Court Overturns Former UCLA Gynecologist’s Sex Abuse Conviction Read More »
Liberty Mutual has received approval to convert three domestic mutual insurance affiliates into stock companies and then merge them into a new wholly-owned subsidiary of Liberty Mutual Holding Company (LMHC). The Massachusetts Division of Insurance has approved the reorganizations of …
Massachusetts Approves Liberty Mutual Reorganization Involving 3 Domestic Mutuals Read More »
A proposed amendment to Florida’s constitution that would allow recreational marijuana use for adults is one of 22 citizen initiatives that failed to qualify for the 2026 ballot, state officials said. The Florida Department of State announced Sunday that none …
Recreational Weed and Other Citizen Initiatives Fail to Qualify for Ballot in Florida Read More »
Fourth-quarter 2025 net income at The Hanover Insurance Group was $198.5 million, up about 18% over $167.9 million recorded for the same period in 2024. The Worcester, Massachusetts-based insurer’s Q4 combined ratio remained relatively flat at 89.0 versus 89.2 the …
The Hanover Reports 18% Growth in Q4 Net Income Read More »
European countries are taking their broadest swipe yet at social media, with a growing number weighing bans of the services for minors and setting the stage for a new showdown with some of the biggest US companies. The policy was …
Move to Ban Social Media for Kids Gains Traction Across Europe Read More »
Political violence insurance premiums in Democratic Republic of Congo jumped as much as tenfold last year due to unrest in the east, boosting insurers but lifting costs for copper-cobalt miners, insurance executives told Reuters. Rwandan-backed AFC/M23 rebels overran eastern Congo’s …
Congo Fighting Drove Spike in Insurance Costs, Squeezing Miners, Insurer Says Read More »
China will ban ‘hidden’ car door handles from 2027, becoming the first country to phase out a design pioneered by Tesla and adopted by Chinese competitors including Xiaomi. The hidden handle design, which functions through a key fob or mobile …
China to Ban ‘Hidden’ Car Door Handles to Address Safety Fears Read More »
(TOWSON, MD)—Chesapeake Employers’ Insurance Company’s Board of Directors declared the company’s highest-ever policyholder dividend of $60 million for 2026. This marks the ninth consecutive year that the company is declaring dividends for its customers. Chesapeake Employers will begin distributing the …
Chesapeake Employers Insurance Declares $60 Million Policyholder Dividend Read More »
If you’re running a multi-carrier MGA in Texas, chances are your accounting and commissions workflow looks like this: Multiple carrier commission structures Split payments across brokers, sub-agents, and producers Midterm premium changes with no automation Manual spreadsheets and QuickBooks exports …
Accounting and Commission Automation for Multi-Carrier MGAs in Texas Read More »
Zurich Insurance Group AG has made a sweetened £8 billion ($11 billion) bid to buy Beazley Plc, an offer that’s won the tentative approval of the UK insurer’s board. The Swiss insurance giant’s revised cash proposal of 1,310 pence a …
Beazley Agrees to Zurich’s Sweetened £8 Billion Takeover Bid Read More »
