The biggest auto insurer in Massachusetts is at odds with the AAA Northeast division it says is violating an exclusive 20-year joint marketing agreement that is worth $200 million a year in premiums to the insurer. In a lawsuit in …
MAPFRE Accuses AAA of Violating Long-Time Exclusive Marketing Agreement Read More »
An aerospace and defense electronics company based in Chatsworth, California, agreed to pay $1.5 million to resolve allegations that it violated the False Claims Act by supplying aircraft parts to the military that did not meet contract specifications. Teledyne RISI …
Southern California Aerospace Firm to Pay $1.5M to Resolve False Claims Act Allegations Read More »
“DANGER: Lead Work Area” reads a sign on a front door of an Altadena home. “May damage fertility or the unborn child. Causes damage to the central nervous system.” Block after block there are reminders that contaminants still linger. House …
Their Homes Survived The LA Wildfires; A Year Later They Fear Living in Them Read More »
California Gov. Gavin Newsom said a group of major banks have agreed to extend mortgage relief for Los Angeles wildfire victims, as the area struggles to rebuild one year after the devastating blazes. Wells Fargo & Co., JPMorgan Chase & …
JPMorgan, Citi Extending Mortgage Relief for LA Wildfire Victims Read More »
Trucordia announced the acquisition of the First Texas Agency business, based in Houston, Texas. With a commitment to guiding clients with education about insurance solutions, First Texas Agency builds strong client relationships throughout the Houston area and beyond. Helfer & …
Trucordia Acquires First Texas Agency Read More »
A federal appeals court has ruled that the government is liable for damage to homes that flooded upstream of the Addicks and Barker dams after Hurricane Harvey unleashed more than 50 inches of rainfall on the Houston region in 2017. …
Houston Homeowners Win Hurricane Harvey Appeal Against Feds Read More »
Zurich North America and Players Health, a provider of athlete safety and insurance solutions, have teamed up to introduce a Critical Injury Protection Insurance solution for colleges, universities, collectives and their student athletes who receive name, image and likeness (NIL) …
Zurich and Players Health Form Injury Insurance for NIL era of College Sports Read More »
Westfield Specialty announced the appointment of Cornelia Röskau as chief executive officer of the newly formed Europe company market, Westfield Specialty Europe, which will begin underwriting business in April, subject to regulatory approval. She will be based in Luxembourg and …
People Moves: Westfield Specialty Taps Sompo’s Röskau for New Company Market Unit Read More »
In a report one year on from the Los Angeles area wildfires in 2025, which started on Jan. 7, Morningstar DBS Research issued a perspective that called the fires “a significant stress event” for California’s property/casualty insurance sector. The industry …
Xceedance, a global provider of technology-driven business solutions for the insurance industry, today announced its acquisition of Marble Box, a company delivering tailored operational support and process optimization solutions to independent insurance agencies and brokers. This acquisition marks Xceedance’s entry …
Xceedance Acquires Illinois-Based Marble Box Read More »
