The families of two of the eight people killed earlier this year when an air ambulance crashed in Philadelphia filed a lawsuit on Monday, claiming the medical air transport company and others negligently caused their deaths. The wrongful death case …
Families Sue Air Ambulance Company Over 2 Deaths in Philadelphia Crash Read More »
Florida-based national insurance agency King Risk Partners announced its continued expansion into the New England market through the acquisition of Acacia Insurance, an independent agency located in Waltham, Massachusetts. Acacia Insurance provides personal and commercial insurance solutions, including coverage for …
King Risk Partners Buys Acacia Insurance in Massachusetts Read More »
Berkshire Hathaway Inc.’s PacifiCorp said it has reached a $150 million settlement with 1,434 plaintiffs associated with the 2020 Labor Day fires in Oregon. The accord, disclosed Wednesday in a regulatory filing, will resolve claims by property owners that the …
Buffett Utility Reaches Oregon Wildfire Deal With Nearly 1,500 Victims Read More »
Capital Insurance Group announced it will write more homeowners’ policies written in Paradise, California, helping residents impacted by the 2018 Camp Fire. CIG partnered with the Rebuild Paradise Foundation, which has helped guide residents through the rebuilding process, offering resources, …
CIG Says It Will Write More Policies in Fire-Impacted Paradise Read More »
Tesla has received a permit to operate as a transportation network company in Arizona, a state regulator said on, in a step toward expanding the electric vehicle maker’s robotaxi service. The TNC permit will allow Tesla to run an Uber-like …
Tesla Gets Permit to Run as Transportation Network Company in Arizona Read More »
Lloyd’s of London is investigating its former chief executive officer, John Neal, who was set to start at American International Group Inc. next month before the company disclosed he’s no longer joining due to “personal circumstances.” Lloyd’s Chairman Charles Roxburgh …
Lloyd’s Probing Conduct of Ex-CEO Who Had Been Set to Join AIG Read More »
AM Best has downgraded the financial strength ratings of State Farm Mutual Automobile Insurance Company and its affiliates to A+ from A++, reflecting a revision to Best’s assessment of the group’s operating performance. The affiliates included in the rating action …
AM Best Downgrades State Farm Mutual Auto Read More »
A federal jury in south Florida this week convicted a formerly licensed insurance broker and the head of a marketing firm for their roles in a years-long scheme to fraudulently enroll homeless people in Affordable Care Act insurance plans. Cory …
Former Florida Broker and Texas Man Convicted in ACA Scheme That Paid $180M Read More »
Hewlett Packard Enterprise is seeking nearly $1.8 billion from the estate of the late Mike Lynch over HP’s acquisition of his British tech firm Autonomy, the U.S. technology giant’s lawyers told London’s High Court on Tuesday. Hewlett Packard is seeking …
HP Seeking $1.8 Billion From Mike Lynch’s Estate After UK Autonomy Lawsuit Read More »
According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes in the third quarter 2025 rose by 1.6%, as premium increases in all lines of business were either flat or lower …
‘Clear Soft Market Conditions’ for Commercial P/C Lines in Q3, Says CIAB Read More »
