Connecticut Governor Ned Lamont signed into law legislation updating the state’s law governing captive insurance and allowing new types of captives. Captives are owned by one or more businesses to insure their business risks., Effective October 1, 2025, the act …
Connecticut Updates Its Captive Insurance Law Read More »
U.S. insurance giant Allianz Life said on Saturday that hackers stole the personal information of the majority of its customers, financial professionals, and select Allianz Life employees in the United States. The insurance giant’s filing with Maine’s attorney general did …
Allianz Life Says Majority of US Customers’ Data Stolen in Hack Read More »
A Maryland man who was wrongly imprisoned for 32 years, including a decade on death row, for two killings he did not commit is suing former law enforcement officials in a lawsuit announced Thursday, though four of the five people …
Wrongfully imprisoned Maryland Man Spent 32 Years Behind Bars Sues Authorities Read More »
The California FAIR Plan has increased commercial coverage limits and is now offering a commercial high value policy for condominiums, farms, wineries and other businesses in the state that cannot find insurance through the voluntary or excess and surplus insurance …
California FAIR Plan Rolls out Commercial High Value Policy Read More »
The man accused of fatally shooting two Idaho firefighters before killing himself last month had tried to join the fire department, and became angry when told he would need to go through training and testing. Wess Roley also tried to …
Man Who Killed Idaho Firefighters Was Turned Away by Fire Department Read More »
The acting administrator of the Federal Emergency Management Agency is pushing back on criticisms of the federal response to the central Texas floods that killed at least 136 people earlier this month. “I can’t see anything we did wrong,” David …
FEMA Chief Calls Texas Floods Response ‘A Model’ For Dealing With Disaster Read More »
Jeff Pannell, CEO of Farm Bureau Insurance of Tennessee, will retire at the end of the year after almost 40 years with the company. Pannell made the announcement at the company’s annual agents’ conference on Thursday, Farm Bureau said in …
People: Farm Bureau Tenn. Names Pulley to Replace Retiring Pannell as CEO Read More »
The Michigan Department of Insurance and Financial Services this week announced the suspension of two title insurance agents after an investigation found they allegedly mismanaged customers’ escrow funds. DIFS Director Anita Fox issued a summary suspension of insurance producer licenses …
Michigan Suspends 2 Title Insurance Agents Over Escrow Fund Mismanagement Read More »
Pinnacle Financial Partners Inc. shares plunged the most in more than five years after the bank agreed to combine with Synovus Financial Corp. in an all-stock transaction valued at $8.6 billion. Some investors had expected both companies to draw acquisition …
Pinnacle Financial Partners Shares Drop on Deal with Synovus Read More »
Microsoft Corp. stands to gain from new White House AI guidelines that call on the US Federal Trade Commission to show more restraint in probes involving artificial intelligence and stand down on cases that put “AI innovation” at risk. The …
Trump’s AI Plan Urges Lighter Touch by FTC in Win for Microsoft Read More »
