Insurance

Days after the skies cleared and the winds died down in Florida, Hurricane Ian’s effects persisted Monday, as people faced another week without power and others were being rescued from homes inundated with lingering floodwaters. Ten additional deaths were blamed …

Commercial barge traffic on southern stretches of the Mississippi River was at a standstill on Tuesday as low water levels halted shipments of grain, fertilizer and other commodities on the critical waterway, shipping sources said. The supply chain snarl comes …

A New York state task force created after a 2018 limo crash that killed 20 people issued a safety report with recommendations including equipping the vehicles with side impact protection devices and taking them off the roads after a certain …

While some analysts are predicting that the property insurance industry will be able to manage Hurricane Ian and its estimated $50 billion in insured losses, a few are now warning that the storm could significantly erode the Florida Hurricane Catastrophe …

Hub International Limited, a global insurance brokerage and financial services firm, announced that it has acquired the assets of each of Peel & Holland Holdings, Inc., Peel & Holland, Inc., Riddle Insurance, LLC, Hartin Dynamics, LLC, and Bluegrass Premium Finance, …

The Los Angeles public school system, the second-largest in the US, said an extortionist group had accessed a massive database but had not leaked as much sensitive information from it as initially feared. Student and staff data of the Los …

Accenture has acquired Blackcomb Consultants, an independent Guidewire partner in North America. Terms of the transaction were not disclosed. The acquisition enhances Accenture’s ability to deliver Guidewire solutions to insurers globally to help them become “cloud-first” businesses. Guidewire’s end-to-end technology …

The Department of Justice announced that the Housing Authority of New Orleans (HANO) and seven private developers have agreed to pay $250,000 to settle claims that they violated the Fair Housing Act (FHA) and Americans with Disabilities Act (ADA) by …

Despite near constant disruption from the twin forces of digital transformation and economic uncertainty, independent insurance agents have never been more satisfied with their carrier partners. According to the J.D. Power 2022 U.S. Independent Agent Satisfaction Study, overall agent satisfaction …

Mosaic adds excess technology E&O coverage to cyber product offering Mosaic Insurance’s cyber division has launched excess capacity and coverage for a new product aimed at protecting technology sector companies from rapidly emerging liability risks. The Hamilton, Bermuda-based specialty insurer …