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Renewal Rates Continue Upward YOY for Most Commercial Lines: Ivans Index
Premium renewal rates increased year-over-year for all major commercial lines except workers’ compensation, according to first-quarter 2025 results of the Ivans Index. Compared to fourth-quarter 2024, all lines experienced a decrease in average premium… More
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Insurance moves: Emerald, Penn, Jewelers, Ryan Alternative, BHSI, and Crum
One firm announces a new CEO, and another a new CFO
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February 2025 Monthly Release | Allstate Newsroom
NORTHBROOK, Ill., March 20, 2025 – The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the…
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Alabama Lawmakers Approve Ban on Machine-Gun Conversion Devices
MONTGOMERY, Ala. (AP) — Alabama lawmakers on Tuesday approved a ban on Glock switches and other conversion devices…
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CRC Group reveals acquisition
Move enhances presence in construction, environmental and manufacturing
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Transportation Firm Faces Fines, Remediation Costs for Connecticut Oil Tanker Spill
Soundview Transportation faces a series of penalties and payments totaling $350,000 over a November 2022 oil tanker accident…
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Zurich, RSA, Lloyd’s underwriters ordered to hand over documents to Chevron
However, during the hearing, Zurich disclosed that approximately 15 to 20 employees handled war-risk claims. Judge Corley directed…
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Hyundai, Kia’s Anti-Theft Measures Fuel Steep Dip in US Vehicle Thefts
Vehicle thefts in the United States recorded their biggest yearly drop in four decades as automakers, mainly Hyundai…
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Motorists Commercial Mutual Insurance v Farm Bureau over dealer courtesy van crash
At the time, the dealership’s shuttle was insured by Motorists Commercial Mutual Insurance Company. Smith lived with his…
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Cigna divests medicare assets, eyes health services
Sale proceeds will be used for share repurchases
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Kennedys IQ introduces AI for insurance risk
Designed for claims professionals, brokers, and underwriters across global markets, including the London market, general and specialty insurance…