Insurance
Drake Settles With Texas-Based iHeartMedia Over ‘Not Like Us’
Drake has reached a settlement with Texas-based iHeartMedia in his ongoing legal dispute over Kendrick Lamar’s diss track “Not Like Us,” according to court records. In November, Drake filed a legal petition in Bexar County, Texas, where San Antonio is …
Read More Arthur J. Gallagher & Co. Acquires Minnesota’s Dyste Williams
Arthur J. Gallagher & Co. has announced the acquisition of Dyste Williams, a Minneapolis-based retail insurance agency. The acquired company specializes in commercial lines, employee benefits, and personal lines services in the Upper Midwest region. Ted Dyste, Nels Dyste, and …
Read More AM Best Concerned D&O Prices ‘Fell Too Far, Too Quickly’
Insurance industry rating analysts from AM Best warn recent softer pricing for directors and officers coverage could begin to affect insurers’ underwriting results. AM Best noted renewal premium for monoline D&O liability continued to fall during the first three months …
Read More Critical Fire Conditions to Grip Texas’ Oil-Rich Permian Basin
Critical to extreme fire conditions are expected to affect more than 2.7 million people across the Southwest, lower Great Plains and Texas, including the oil-rich Permian Basin. A large low-pressure system is forecast to move across the central Great Plains, …
Read More People Moves: Novatae Risk Group Names Greggains President
Novatae Risk Group, headquartered in Dallas, named Nick Greggains as president. Greggains is a member of the executive leadership team focusing on improving underwriting discipline, developing and implementing growth strategies, managing relationships with key clients and overseeing operational excellence. Greggains …
Read More Chubb to Buy Liberty Mutual Thailand, Vietnam Insurance Assets
Chubb Ltd. agreed to acquire Liberty Mutual Holding Co.’s businesses in Thailand and Vietnam in a deal that would help it boost its presence in Southeast Asia. Chubb plans to buy LMG Insurance Public Co. in Thailand and Liberty Insurance …
Read More Mountain West Conference Seeks Mediation Over $55M in Dispute in Poaching Suit
The Mountain West Conference said it is seeking mediation in the lawsuit the Pac-12 filed against it in an attempt to avoid paying $55 million in “poaching” fees for bringing five Mountain West teams into its own league. The Pac-12 …
Read More Georgia Lawmakers Must Now Fix Differences on Bill to Boost Hurricane Helene Relief
ATLANTA (AP) — Georgia’s state Senate wants to boost spending on Hurricane Helene relief even more, including creating a grant program that could provide aid to individuals. The state Senate voted 55-1 last week to pass House Bill 67, which …
Read More Maryland’s Largest Workers Comp Insurer Files for 8% Rate Cut
Chesapeake Employers’ Insurance Co. has filed for an 8% net rate decrease with the Maryland Insurance Administration (MIA) effective April 1, 2025. The nonprofit company, which is the state’s insurer of last resort, also announced its highest-ever policyholder dividend of …
Read More Consumer Trust Issues Hinder Industry Efforts to Close Protection Gap: Survey
Most insurance executives surveyed last year believe they have “an ethical obligation” to close the protection gap—and also believe that “lack of trust in the insurance industry” is a key barrier standing in the way. Economist Impact, a division of …
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