Maryland to Require Security Guard Licensing, Proof of Insurance
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Description: Starting January 1, 2025, Maryland will begin requiring businesses employing security guards or in-house loss prevention personnel to meet new licensing and certification requirements and provide proof of insurance. According to the legislation (Senate Bill 760 (2023), any business or …
Full content: Starting January 1, 2025, Maryland will begin requiring businesses employing security guards or in-house loss prevention personnel to meet new licensing and certification requirements and provide proof of insurance. According to the legislation (Senate Bill 760 (2023), any business or …
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Category: East News
Date: Thu, 05 Dec 2024 17:45:56 +0000
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Bullets in UnitedHealthcare CEO Death Inscribed With ‘Depose,’ ‘Delay’
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Description: The words “delay” and “depose” were written on a shell casing and a live round recovered in front of the New York Hilton Midtown, where UnitedHealth Group Inc. insurance chief Brian Thompson was fatally shot on Wednesday, according to people …
Full content: The words “delay” and “depose” were written on a shell casing and a live round recovered in front of the New York Hilton Midtown, where UnitedHealth Group Inc. insurance chief Brian Thompson was fatally shot on Wednesday, according to people …
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Category: National News
Date: Thu, 05 Dec 2024 17:39:30 +0000
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GEICO Chooses North Texas as Operation Hub for Commercial Insurance Business
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Description: GEICO announced the addition 500 new jobs in North Texas in an expansion of its commercial insurance business. Of these positions, 300 will support GEICO’s commercial operations at its Richardson office, which has been designated as a main hub to …
Full content: GEICO announced the addition 500 new jobs in North Texas in an expansion of its commercial insurance business. Of these positions, 300 will support GEICO’s commercial operations at its Richardson office, which has been designated as a main hub to …
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Category: Texas / South Central News
Date: Thu, 05 Dec 2024 17:37:12 +0000
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UK Insurer Aviva Said to Boost Direct Line Takeover Bid to £3.4 Billion
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Description: Aviva Plc has increased its offer for Direct Line Insurance Group Plc to about £3.4 billion ($4.4 billion), days after its initial proposal to buy the UK motor insurer was rejected, people with knowledge of the matter said. London-listed Aviva …
Full content: Aviva Plc has increased its offer for Direct Line Insurance Group Plc to about £3.4 billion ($4.4 billion), days after its initial proposal to buy the UK motor insurer was rejected, people with knowledge of the matter said. London-listed Aviva …
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Category: International & Reinsurance News
Date: Thu, 05 Dec 2024 17:19:49 +0000
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People Moves: Benekiva Makes Key Leadership Appointments
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Description: Benekiva, headquartered in West De Moines, Iowa, expanded its leadership team with several new appointments. Krista Eger, vice president of product, previously served as Benekiva’s director of product. Before joining Benekiva, she served as safe agile product owner II – …
Full content: Benekiva, headquartered in West De Moines, Iowa, expanded its leadership team with several new appointments. Krista Eger, vice president of product, previously served as Benekiva’s director of product. Before joining Benekiva, she served as safe agile product owner II – …
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Category: Midwest News
Date: Thu, 05 Dec 2024 17:10:23 +0000
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Drones Offer an Unparalleled View of the Biggest Wildfire Risks
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Description: Spotting dead and downed trees that can fuel explosive fires is like searching for a needle in a haystack for forestry crews. Not so for drones, which can survey thousands of acres in a single afternoon, easily accessing landscapes that …
Full content: Spotting dead and downed trees that can fuel explosive fires is like searching for a needle in a haystack for forestry crews. Not so for drones, which can survey thousands of acres in a single afternoon, easily accessing landscapes that …
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Category: International & Reinsurance News
Date: Thu, 05 Dec 2024 17:07:18 +0000
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Texas DWC Seeks Public Comment on Telemedicine Rule Proposal
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Description: The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is seeking public comments for a proposed rule to allow treating doctors to perform maximum medical improvement examinations by telemedicine or telehealth. DWC said the amendments are necessary to allow …
Full content: The Texas Department of Insurance, Division of Workers’ Compensation (DWC) is seeking public comments for a proposed rule to allow treating doctors to perform maximum medical improvement examinations by telemedicine or telehealth. DWC said the amendments are necessary to allow …
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Category: Texas / South Central News
Date: Thu, 05 Dec 2024 16:56:23 +0000
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AM Best Revises Outlook to Positive for CNA
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Description: AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a+” (Excellent) of the property/casualty (P/C) subsidiaries of CNA Financial Corporation, …
Full content: AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a+” (Excellent) of the property/casualty (P/C) subsidiaries of CNA Financial Corporation, …
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Category: Midwest News
Date: Thu, 05 Dec 2024 16:51:15 +0000
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Texas Power Grid Operator Says State is Better Prepared for Extreme Cold
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Description: Texas’ grid operator warned that the state should prepare for extreme cold this winter but said the state’s main power grid is better equipped than in previous years to withstand a powerful winter storm. At a board meeting on Tuesday, …
Full content: Texas’ grid operator warned that the state should prepare for extreme cold this winter but said the state’s main power grid is better equipped than in previous years to withstand a powerful winter storm. At a board meeting on Tuesday, …
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Category: Texas / South Central News
Date: Thu, 05 Dec 2024 16:43:49 +0000
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Illinois Roofing Contractor Cited Eighth Time for Safety Violations
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Description: For the eighth time since 2020, federal workplace safety inspectors have cited a Lake Zurich, Illinois roofing contractor for exposing workers to falls from elevation, the leading cause of fatal and serious injuries among people employed in the construction industry. …
Full content: For the eighth time since 2020, federal workplace safety inspectors have cited a Lake Zurich, Illinois roofing contractor for exposing workers to falls from elevation, the leading cause of fatal and serious injuries among people employed in the construction industry. …
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Category: Midwest News
Date: Thu, 05 Dec 2024 16:38:38 +0000
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Ivans Index Shows Most Commercial Lines Renewal Rates Up in November
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Description: Most major commercial lines premium renewal rates were higher month over month, except general liability, which remained consistent with October and Commercial Property and Workers’ Compensation which saw a decrease, according to the November 2024’s results of the Ivans Index. …
Full content: Most major commercial lines premium renewal rates were higher month over month, except general liability, which remained consistent with October and Commercial Property and Workers’ Compensation which saw a decrease, according to the November 2024’s results of the Ivans Index. …
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Category: National News
Date: Thu, 05 Dec 2024 16:36:15 +0000
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Investors With $9.5 Trillion Seek Mandatory Scope 3 Emissions Disclosures
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Description: An influential coalition of pension funds and insurance companies holding a combined $9.5 trillion of assets called on regulators to mandate corporate disclosures of so-called Scope 3 emissions. The Net-Zero Asset Owner Alliance said in a report published on Wednesday …
Full content: An influential coalition of pension funds and insurance companies holding a combined $9.5 trillion of assets called on regulators to mandate corporate disclosures of so-called Scope 3 emissions. The Net-Zero Asset Owner Alliance said in a report published on Wednesday …
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Category: International & Reinsurance News
Date: Thu, 05 Dec 2024 16:08:05 +0000
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Alabama Singer/Public Adjuster Ordered to Wear Ankle Monitor, Stay Home
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Description: Austin Tanner, a claims adjuster and aspiring country singer from Alabama, has been confined mostly to his home and must wear an ankle monitor after he violated the terms of his bail bond and traveled to the Country Music Awards …
Full content: Austin Tanner, a claims adjuster and aspiring country singer from Alabama, has been confined mostly to his home and must wear an ankle monitor after he violated the terms of his bail bond and traveled to the Country Music Awards …
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Category: Southeast News
Date: Thu, 05 Dec 2024 15:53:59 +0000
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As Providence Mutual Exits Auto Insurance Business, Plymouth Rock to Get Renewals
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Description: Providence Mutual recently notified state regulators that it is exiting the auto insurance business for both commercial and personal lines in the four states where it currently offers the coverages – Connecticut, Maine, New Hampshire and Rhode Island. The company …
Full content: Providence Mutual recently notified state regulators that it is exiting the auto insurance business for both commercial and personal lines in the four states where it currently offers the coverages – Connecticut, Maine, New Hampshire and Rhode Island. The company …
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Category: East News
Date: Thu, 05 Dec 2024 15:30:15 +0000
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Florida Citizens Policy Count Dips Below 1 Million for First Time in Two Years
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Description: Florida’s Citizens Property Insurance Corp. has dropped below 1 million policies in force for the first time since July 2022, a milestone that officials said reflects an ongoing depopulation program and an improving market in the state. Since January of …
Full content: Florida’s Citizens Property Insurance Corp. has dropped below 1 million policies in force for the first time since July 2022, a milestone that officials said reflects an ongoing depopulation program and an improving market in the state. Since January of …
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Category: Southeast News
Date: Thu, 05 Dec 2024 15:29:02 +0000
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Amundi Interested in Buying Allianz Global Investors
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Description: Amundi SA is interested in acquiring control of Allianz SE’s asset manager Allianz Global Investors as the French company scouts for deals amid industry consolidation, people familiar with the matter said. Europe’s biggest asset manager has been holding on-and-off talks …
Full content: Amundi SA is interested in acquiring control of Allianz SE’s asset manager Allianz Global Investors as the French company scouts for deals amid industry consolidation, people familiar with the matter said. Europe’s biggest asset manager has been holding on-and-off talks …
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Category: International & Reinsurance News
Date: Thu, 05 Dec 2024 14:04:09 +0000
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Grief, Then Confusion: Questions of Motive Emerge in UnitedHealthcare CEO’s Killing
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Description: UnitedHealth Group’s investor day turned from an ordinary corporate meeting in a midtown Manhattan hotel to a scene of stunned grief quicker than the health insurer could even react. “It was mid-presentation when everyone began to get the headlines,” said …
Full content: UnitedHealth Group’s investor day turned from an ordinary corporate meeting in a midtown Manhattan hotel to a scene of stunned grief quicker than the health insurer could even react. “It was mid-presentation when everyone began to get the headlines,” said …
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Category: National News
Date: Thu, 05 Dec 2024 13:07:25 +0000
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Chinese Hackers Breached Eight US Telecom Providers, White House Says
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Description: Chinese hackers compromised eight American telecommunications companies as part of a wide-ranging espionage effort to gather intelligence about prominent US citizens, Biden administration officials said Wednesday. Anne Neuberger, deputy assistant to the president and deputy national security advisor for cyber …
Full content: Chinese hackers compromised eight American telecommunications companies as part of a wide-ranging espionage effort to gather intelligence about prominent US citizens, Biden administration officials said Wednesday. Anne Neuberger, deputy assistant to the president and deputy national security advisor for cyber …
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Category: National News
Date: Thu, 05 Dec 2024 11:17:37 +0000
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FDIC Looks to Direct Monitoring of Fintech Companies After Synapse Collapse
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Description: The Federal Deposit Insurance Corp. has started to directly monitor financial-technology companies that partner with banks across the US, according to people familiar with the regulator’s supervisory operations. The fintech monitoring system will help FDIC examiners anticipate potential vulnerabilities before …
Full content: The Federal Deposit Insurance Corp. has started to directly monitor financial-technology companies that partner with banks across the US, according to people familiar with the regulator’s supervisory operations. The fintech monitoring system will help FDIC examiners anticipate potential vulnerabilities before …
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Category: National News
Date: Thu, 05 Dec 2024 10:52:15 +0000
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People Moves: O’Connell to Lead Aon’s Reinsurance Global Cyber Strategy; Flude New CEO of Lancashire Insurance US; Hippo Names Collins CMO
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Description: Aon Names O’Connell as Global Cyber Strategy and Growth Leader Aon plc named Robert O’Connell as global cyber strategy and growth leader, executive managing director, within its Reinsurance Solutions business. O’Connell will be based in New York. Previously, O’Connell served …
Full content: Aon Names O’Connell as Global Cyber Strategy and Growth Leader Aon plc named Robert O’Connell as global cyber strategy and growth leader, executive managing director, within its Reinsurance Solutions business. O’Connell will be based in New York. Previously, O’Connell served …
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Category: National News
Date: Thu, 05 Dec 2024 06:14:42 +0000
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Target Must Face Shareholder Lawsuit Over Pride Backlash, Judge Rules
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Description: Target has failed to persuade a judge in Florida to dismiss a lawsuit that accused the retailer of deceiving shareholders after its sales of LGBTQ-themed merchandise for Pride Month sparked a backlash and a customer boycott. U.S. District Judge John …
Full content: Target has failed to persuade a judge in Florida to dismiss a lawsuit that accused the retailer of deceiving shareholders after its sales of LGBTQ-themed merchandise for Pride Month sparked a backlash and a customer boycott. U.S. District Judge John …
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Category: National News
Date: Thu, 05 Dec 2024 06:02:46 +0000
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Trump Picks Atkins, Ex-SEC Commissioner, to Succeed Gensler
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Description: Paul Atkins is President-elect Donald Trump’s choice to lead the US Securities and Exchange Commission, suggesting four years of relaxed policy and enforcement for crypto firms to hedge funds. Trump selected Atkins to replace outgoing Chair Gary Gensler, whose ambitious …
Full content: Paul Atkins is President-elect Donald Trump’s choice to lead the US Securities and Exchange Commission, suggesting four years of relaxed policy and enforcement for crypto firms to hedge funds. Trump selected Atkins to replace outgoing Chair Gary Gensler, whose ambitious …
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Category: National News
Date: Thu, 05 Dec 2024 06:01:20 +0000
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How Vermont Community Helped One Family Recover After Floods Took Everything
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Description: The last thing John and Jenny Mackenzie saw as they fled their Vermont home with their daughters, dog and two guinea pigs last summer was their cars upended and propelled away by rushing flood waters. Minutes earlier they had abandoned …
Full content: The last thing John and Jenny Mackenzie saw as they fled their Vermont home with their daughters, dog and two guinea pigs last summer was their cars upended and propelled away by rushing flood waters. Minutes earlier they had abandoned …
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Category: East News
Date: Thu, 05 Dec 2024 06:00:44 +0000
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Claim Frequency in California Workers’ Comp Higher in L.A. Area, Study Shows
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Description: Claim frequency in California workers’ compensation remains significantly higher in the Los Angeles Basin than in the northern part of the state, a new study shows. The Workers’ Compensation Insurance Rating Bureau of California released its WCIRB Geo Study 2024, …
Full content: Claim frequency in California workers’ compensation remains significantly higher in the Los Angeles Basin than in the northern part of the state, a new study shows. The Workers’ Compensation Insurance Rating Bureau of California released its WCIRB Geo Study 2024, …
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Category: West News
Date: Thu, 05 Dec 2024 06:00:11 +0000
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Arizona DOI Forms Council to Address Availability and Affordability in Wildland
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Description: Arizona Department of Insurance Director Barbara D. Richardson has created a Resiliency and Mitigation Council that plans to examine the availability and affordability of homeowners insurance in forested and wildland-urban interface (WUI) areas of Arizona. Based on the work of …
Full content: Arizona Department of Insurance Director Barbara D. Richardson has created a Resiliency and Mitigation Council that plans to examine the availability and affordability of homeowners insurance in forested and wildland-urban interface (WUI) areas of Arizona. Based on the work of …
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Category: West News
Date: Thu, 05 Dec 2024 06:00:08 +0000
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Californians Pay Billions for Power Companies’ Wildfire Prevention Efforts. Are They Cost-Effective?
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Description: Diane Moss lost her home in the Santa Monica Mountains after power lines ignited the apocalyptic Woolsey Fire in 2018. Since then, she’s pressed for a safer electric grid in California. “It’s so easy to forget the risk that we …
Full content: Diane Moss lost her home in the Santa Monica Mountains after power lines ignited the apocalyptic Woolsey Fire in 2018. Since then, she’s pressed for a safer electric grid in California. “It’s so easy to forget the risk that we …
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Category: West News
Date: Thu, 05 Dec 2024 06:00:06 +0000
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Slain UnitedHealth Executive Puts New Focus on CEO Safety Policy
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Description: The UnitedHealth Group Inc. executive who was fatally shot in New York on Wednesday morning had no personal security detail, a circumstance that could prompt swift changes inside corporate boardrooms, especially as the global political environment grows more unstable. Brian …
Full content: The UnitedHealth Group Inc. executive who was fatally shot in New York on Wednesday morning had no personal security detail, a circumstance that could prompt swift changes inside corporate boardrooms, especially as the global political environment grows more unstable. Brian …
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Category: National News
Date: Wed, 04 Dec 2024 20:20:32 +0000
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Insurance Broker Verlingue Acquires Switzerland’s ProConseils Solutions
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Description: Verlingue, the Quimper, France-based insurance broker and subsidiary of the Adelaïde Group, announced it has acquired ProConseils Solutions, a major player in the insurance brokerage market in French-speaking Switzerland. Financial details of the deal were not disclosed. Verlingue said this …
Full content: Verlingue, the Quimper, France-based insurance broker and subsidiary of the Adelaïde Group, announced it has acquired ProConseils Solutions, a major player in the insurance brokerage market in French-speaking Switzerland. Financial details of the deal were not disclosed. Verlingue said this …
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Category: International & Reinsurance News
Date: Wed, 04 Dec 2024 18:01:04 +0000
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Texas-Based Upland Expands Into Product Recall
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Description: Upland Capital Group announced it is expanding into a new market with the introduction of a Product Recall product to its portfolio. The new product focuses on product defect coverage for component parts and consumer goods as well as food …
Full content: Upland Capital Group announced it is expanding into a new market with the introduction of a Product Recall product to its portfolio. The new product focuses on product defect coverage for component parts and consumer goods as well as food …
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Category: Texas / South Central News
Date: Wed, 04 Dec 2024 17:45:43 +0000
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JPMorgan Bolsters Florida Bet With 300 New Jobs in Orlando
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Description: JPMorgan Chase & Co. plans to hire 300 people in the Orlando area over the next two years, part of the largest US bank’s expansion in the South. The firm will renovate its 250,000-square-foot (23,226-square-meter) campus in central Florida, which …
Full content: JPMorgan Chase & Co. plans to hire 300 people in the Orlando area over the next two years, part of the largest US bank’s expansion in the South. The firm will renovate its 250,000-square-foot (23,226-square-meter) campus in central Florida, which …
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Category: Southeast News
Date: Wed, 04 Dec 2024 17:24:03 +0000
Local date: Wed, 04 Dec 2024 17:24:03 +0000
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Language: en-US
Encoding: UTF-8
Feed type: RSS
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