Insurance

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. …

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. …

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 …

Providence Mutual recently notified state regulators that it is exiting the auto insurance business for both commercial and personal lines n the four states where it currently offers the coverages – Connecticut, Maine, New Hampshire and Rhode Island. The company …

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 …

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 …

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 …

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 …

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 …

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 …