Aon Names DiLorenzo as Head of US Casualty for Reinsurance Solutions Insurance broker Aon plc named Anthony DiLorenzo as head of US casualty for Reinsurance Solutions, effective immediately. In his new role DiLorenzo will be responsible for leading casualty broking …
Allstate Corp. CEO Tom Wilson said he does not expect auto insurers to get more aggressive on pricing as the industry’s increases seem to have leveled off. For the most part, Wilson explained to analysts during a call to discuss …
Auto Insurance Market Stays Rational Despite Improved Trends, Says Allstate Read More »
Years had passed since Hurricane Harvey’s howling winds and heavy rains tore apart Dan Lee’s century-old roof in West Columbia, south of Houston. Then came the knock on his door. It was Mosaic in Action, a nonprofit that has helped …
AmeriCorps Cuts Leave Vulnerable Homeowners Struggling After Natural Disasters Read More »
The mother of an inmate who died of dehydration and malnutrition at Wisconsin’s oldest maximum security prison last year has filed a federal lawsuit, marking the fourth action brought by relatives of inmates who have died at the troubled institution …
Mother of Dead Inmate Sues Troubled Wisconsin Prison Read More »
Elon Musk’s wish to create his own city just came true. On Saturday, voters living around SpaceX’s rocket testing and launch facility in South Texas approved a measure to incorporate the area as a new city. Soon after polls closed …
Space X Workers in South Texas Approve Measure to Incorporate Area as a New City Read More »
AXIS Capital Holdings Ltd., the Bermuda-based specialty re/insurer, announced the launch of an insurance policy that offers customizable cyber and specialist liability coverage to companies in Canada with up to C$2 billion (US$1.5 billion) in revenue. The AXIS Cyber Technology …
Markets/Coverages: AXIS Launches Cyber and Liability Policy for Canadian SMEs Read More »
North Carolina authorities last week charged a man with 21 felonies, including insurance fraud and theft, after he reportedly stole identities and filed false auto claims with four insurance companies. Damain Rayshawn Cummings, 30, of Zebulon, appeared in court April …
North Carolina Man Charged With ID Theft, Filing Multiple Auto Claims Read More »
CNA Financial Corporation reported first quarter net income of $274 million, down 19% from the same period a year ago. CNA’s property/casualty operations booked net income of $311 million, with underwriting income of $40 million for Q1 2025, compared to …
Q1 Net Income at CNA Financial Down 19% Read More »
Two subsidiaries of Auto Club Group have agreed to refund $2.6 million to policyholders and to pay $113,000 in fines after a market conduct examination by the North Carolina Department of Insurance. Members Insurance Co. and Universal Insurance Co., both …
AAA’s Members, Universal Pay Fines, $2.6 Million in Refunds After NC Conduct Report Read More »
European and U.S. carriers canceled flights for the next several days after a missile fired by Yemen’s Houthi rebels on Sunday landed near Israel’s Ben Gurion Airport, the country’s main international travel gateway. Many foreign airlines subsequently suspended flights to …
Flights Again Halted to Israel After Houthi Missile Lands Near Airport Read More »
