Insurance

When it comes to climate impacts, the frontline of the finance industry is insurance. Last year’s payout from damages caused by extreme-weather events totaled $120 billion—about the same as the economic output of Kenya. And that’s a 50% increase over …

Alera Group acquired Collective:Choice Insurance Solutions in Westminster, California. The Collective:Choice team will continue serving clients in their existing roles. Collective:Choice was created in 2006 to provide a way to shop for and enroll in the Affordable Care Act plans. …

Federal and city officials say a new $78 million federal grant will be used to make major safety improvements along a Philadelphia boulevard called one of the most dangerous in the city. The U.S. Department of Transportation grant will be …

The U.S. Supreme Court will not take up a lawsuit from Applied Underwriters Inc. over a decision by the California Department of Insurance to put its affiliate into conservatorship. The court on Monday declined to hear the case. A CDI …

Texas Attorney General Paxton announced that the state is joining finalized opioid agreements with CVS and Walgreens totaling $10.7 billion nationally, with CVS paying $5 billion and Walgreens paying $5.7 billion. Texas and its local governments are slated to receive …

Myers Joins Alliant’s Texas Team Mike Myers has joined Alliant Insurance Services as vice president within its employee benefits group. Based in Dallas, Texas, Myers will design and implement strategic employee benefits solutions that add value and provide long-term financial …

Columbia Insurance Group Names Wharton Chief Information Officer Columbia Insurance Group has named Lisa Wharton vice president and chief information officer. She will be responsible for planning, directing and coordinating the information technology department. Wharton is an accomplished technology leader …

DAVENPORT, Iowa (AP) – In late 2023, residents and business owners will see some of the first projects of Davenport’s flood mitigation plan under construction. The first phase of Davenport’s $165 million plan aims to address floodwaters that surge up …

The family of a student who died from alcohol poisoning while pledging a fraternity will receive nearly $3 million from Bowling Green State University to settle its lawsuit, according to an agreement announced Monday. As part of the settlement, the …

Drivers are not only shopping around for auto insurance more than ever, they are switching carriers. According to a quarterly report from J.D. Power, in collaboration with TransUnion, the quote rate for auto insurance in the fourth quarter 2022 was …