Elon Musk’s lawyers will urge the Delaware Supreme Court on Wednesday to restore his $56 billion pay package from Tesla, as one of the biggest corporate legal battles enters its final stage nearly two years after a lower court judge …
Delaware Supreme Court Hears Musk’s $56 Billion Pay Package Appeal Read More »
One person was dead and two were missing in western Alaska after the remnants of Typhoon Halong over the weekend brought hurricane-force winds and ravaging storm surges and floodwaters that swept some homes away, authorities said. More than 50 people …
1 Dead, 2 Missing And Dozens Rescued After Remnants of Typhoon Lashed Alaska Read More »
The agency network, SIAA, today announced the launch of a new artificial intelligence optimization platform called SIAA NXT, a platform that combines a suite of solutions and services designed to help members and partners connect and grow in an increasingly …
SIAA Launches New Data Driven AI Tool to Boost Agency, Carrier Growth Read More »
Davis & Towle Insurance Group, headquartered in Concord, New Hampshire, has acquired Tassey Group Insurance in Berlin, which is about 115 miles north of Concord. Davis & Towle also announced the merger of Tassey Group with Davis & Towle affiliate …
New Hampshire’s Davis & Towle Acquires Tassey Group Read More »
New York State is securing more than $19 million in penalties from eight auto insurance providers for violations of the state’s cybersecurity regulation. Department of Financial Services (DFS) Superintendent Adrienne A. Harris said that inadequate cybersecurity controls allowed hackers to …
8 Auto Insurance Providers to Pay New York $19M Over Data Breaches Read More »
The Trump administration sanctioned more than a hundred companies and individuals in Southeast Asia linked to online investment scams that have fleeced US victims of billions of dollars in recent years. The Treasury Department — in collaboration with the UK …
US Sanctions Online Scammers Who Stole Billions From Victims Read More »
Chamberlain Named Small Commercial Operations and Service Solutions Leader Nationwide has tapped Joe Chamberlain to lead its small commercial operations and service solutions organization. Chamberlain has over 30 years of underwriting and operations leadership experience in the insurance industry. Most …
A shutdown of the U.S. government could hinder the accessibility of insurance coverage to prospective homeowners in flood-prone areas, and cost the already struggling housing market billions of dollars in delayed contract closings, data showed on Tuesday. The report from …
US Government Shutdown Threatens Home Sales in Flood-Prone Areas: Report Read More »
The managing general agent (MGA) market is in the spotlight as one of the most agile and innovative arrows of growth for the insurance sector. But as with any arrow, direction and precision matter. Fired without the right discipline, it …
Viewpoint: Strong In-House Claims Functions Help Build Trust in MGA Sector Read More »
A new property/casualty insurance industry survey report reveals some of the key challenges that independent agents are facing, including providing quotes within customers’ expected time frames—or finding insurance capacity at all in some areas. Almost nine-out-of-10 agents surveyed by First …
Agents Struggle to Find Capacity, Meet Customer Timing Expectations: Survey Read More »
