Insurance

Society of Lloyd’s, better known as Lloyd’s of London, has reached an agreement to remain in its One Lime Street headquarters until at least 2035, the Financial Times reported. The deal with landlord Ping An Insurance Group, which came together …

The Oklahoma Insurance Department (OID) hosted the inaugural Oklahoma Insurance Day in Oklahoma City on Dec. 14. The conference was held at the Embassy Suites Downtown Medical Center and attracted a total of 125 attendees from across the insurance sector …

While Florida’s property insurance landscape appears to be leveling out, much more funding is needed to fortify homes against hurricane winds and prevent devastating losses for insureds and insurers, a few panelists said at the Florida Chamber’s Insurance Summit last …

The Florida property and casualty insurance market is not out of the woods but it is showing signs of progress, from litigation trends to capital investments in the state, according to almost two dozen people who spoke at the Florida …

Firefighters in Washington, D.C., on Friday battled a three- alarm fire that started in a three-story former firehouse under renovation near the U.S. Capitol. DC Fire and EMS said one firefighter declared mayday and was rescued. No injuries were reported. …

With prospects for a smoking ban in Atlantic City`s casinos looking hazier than ever, workers who want smoking banned took matters into their own hands, lips and lungs Thursday. Members of the United Auto Workers union disrupted a meeting of …

One person was injured and a house was severely damaged Friday by an early morning explosion at a home about 10 miles northwest of Reading, Pennsylvania. A male was hospitalized after the blast just before 7 a.m. in Bernville. A …

From a broad view, data from the cannabis industry fails to paint an informative picture of what lies ahead for the business in 2024 or what the year holds for insurance professionals specializing in servicing the sector. Despite a prevailing …

S&P Global Ratings has revised its financial strength rating for Lloyd’s of London to “AA–”, outlook stable, from “A+”, outlook stable. The rating upgrade reflects the improvement in Lloyd’s balance sheet strength, which S&P has assessed to be “excellent,” as …

Tesla Inc.’s biggest vehicle recall ever threatens to hurt the company’s defense in several high-profile lawsuits it faces over crashes linked to Autopilot. The automaker’s recall of 2 million cars comes after a top US auto-safety regulator found its driver-assistance …