Insurance

With the Florida legislative changes passed in December – prohibiting assignments of benefits and one-way attorney fees – there is now an opportunity to change the dynamic in Florida and create a more stable market. Historically, the main tools to …

While the property/casualty insurance industry overall may have seen a slight loss in profitability in 2022, workers’ compensation continues to be the most profitable line, with a “very healthy” nationwide reserve redundancy level of $17 billion. “The system is healthy …

Brown & Brown has acquired Georgia-based Brownlee Agency, one of the oldest insurance agencies on Florida’s east coast. Terms of the deal were not disclosed, the companies said in a news release. Founded in 1974 and headquartered in Tifton, Georgia, …

Two children died in a house fire, authorities in Clovis said. The blaze was first reported shortly after 9:30 a.m. last week, Clovis police spokesperson Capt. Robbie Telles said. Responding officers found flames coming from the bottom floor of the …

Guyana’s environmental regulator on Tuesday appealed a court decision that last week declared that the agency and Exxon Mobil unit breached oil-spill insurance obligations for the company’s first offshore project in the country. Guyana’s High Court Justice Sandil Kissoon said …

The European Parliament voted on Tuesday in favor of rules that would force companies selling oil and gas in Europe to cut their methane emissions, setting itself up for tough negotiations with EU countries seeking weaker limits on the potent …

AXIS Capital Holdings Limited announced the following appointments within its specialty insurance business: Mark Gregory as head of global markets and Michael J. McKenna as head of North America. The newly created leadership positions will report directly to Vince Tizzio, …

The Alliant Insurance Foundation, in partnership with Southern University, the Louisiana Department of Insurance, and the Spencer Educational Foundation, has launched its first initiative, funding a risk management and insurance degree program at Southern University. Working in conjunction with the …

SAN ANTONIO, Texas –Dental Health Products, Inc. (DHP), a nationwide provider of supplies and equipment to dental practices, will pay $25,000 and furnish equitable relief to settle a federal sex-based retaliation lawsuit filed by the U.S. Equal Employment Opportunity Commission …

Officials from pharmaceutical manufacturer Seqens and the city of Newburyport, Massachusetts are waiting on insurance adjusters to show before beginning demolition and cleanup at the Seqens facility where a worker was killed in an explosion last week. The city has …