When Tampa-based Slide Insurance registered for an initial public stock offering last week, one page of the filing quickly had people talking in the Florida insurance industry. On page 132 of the filing with the U.S. Securities and Exchange Commission …
Size of Florida’s Slide Insurance Exec Compensation Has Tongues Wagging Read More »
The Oregon Occupational Safety and Health Division fined Hillsboro-based Renner Trucking and Excavating Inc. $80,804 for repeatedly violating rules intended to protect workers from trenches caving in. Oregon OSHA issued a citation to the company on May 12 following an …
Oregon OSHA Fines Contractor for Repeatedly Violating Excavation Safety Rules Read More »
AM Best has removed from under review with developing implications and upgraded the Financial Strength Rating to A (Excellent) from A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “a” (Excellent) from “a-” (Excellent) of Velocity Specialty Insurance …
AM Best Upgrades Velocity Specialty Insurance After Acquisition by FM Read More »
This post is part of a series sponsored by Old Republic Surety. “We’ve targeted tight turnaround times from submission to approval using Old Republic Surety’s (ORS) FastBond process — the faster, the better,” says Todd Taylor, CPCU, AFSB. As an …
The first three months of 2025 were the slowest quarter for insurance agency mergers and acquisitions since Q2 2020, according to investment banking and financial consulting firm OPTIS Partners. The total number of insurance agency M&As during first-quarter 2025 was …
Q1 Has Lowest Insurance Agency M&A in 5 Years; Mega Deals Coming? Read More »
A new task force has been formed to develop standards in California for insurance coverage and clean-up of smoke-damaged homes. California Insurance Commissioner Ricardo Lara announced the formation of a Smoke Claims & Remediation Task Force within the California Department …
California Commissioner Launches Smoke Claims & Remediation Task Force Read More »
Written premiums in California stabilized in 2022 through 2024 after the large swings during the pandemic, while the combined ratio rose to the highest level in 14 years, a new report shows. The Workers’ Compensation Insurance Rating Bureau of California …
Report: California Workers’ Comp Combined Ratio Highest in 14 Years Read More »
It’s not just some Florida-domiciled insurance carriers that have allegedly altered field adjusters’ reports or low-balled property damage estimates in recent years. It’s also major national insurers, according to adjusters and policyholders who spoke at a recent U.S. Senate hearing …
The U.S. higher education insurance market is as diverse as the academic degrees these institutions offer. But one recent challenge facing the sector is a downturn in public trust that may be contributing to the increased frequency and severity of …
