INSURANCE NEWS
People Moves: Aon Names DiLorenzo as Head of US Casualty for Reinsurance Solutions; Brit Promotes Mudd to Active Underwriter for Syndicate 2988
Aon Names DiLorenzo as Head of US Casualty for Reinsurance Solutions Insurance broker Aon plc named Anthony DiLorenzo as head of US casualty for Reinsurance Solutions, effective immediately. In his new role DiLorenzo will be responsible for leading casualty broking …
Auto Insurance Market Stays Rational Despite Improved Trends, Says Allstate
Allstate Corp. CEO Tom Wilson said he does not expect auto insurers to get more aggressive on pricing as the industry’s increases seem to have leveled off. For the most part, Wilson explained to analysts during a call to discuss …
AmeriCorps Cuts Leave Vulnerable Homeowners Struggling After Natural Disasters
Years had passed since Hurricane Harvey’s howling winds and heavy rains tore apart Dan Lee’s century-old roof in West Columbia, south of Houston. Then came the knock on his door. It was Mosaic in Action, a nonprofit that has helped …
North Carolina Man Charged With ID Theft, Filing Multiple Auto Claims
North Carolina authorities last week charged a man with 21 felonies, including insurance fraud and theft, after he reportedly stole identities and filed false auto claims with four insurance companies. Damain Rayshawn Cummings, 30, of Zebulon, appeared in court April …
Q1 Net Income at CNA Financial Down 19%
CNA Financial Corporation reported first quarter net income of $274 million, down 19% from the same period a year ago. CNA’s property/casualty operations booked net income of $311 million, with underwriting income of $40 million for Q1 2025, compared to …
AAA’s Members, Universal Pay Fines, $2.6 Million in Refunds After NC Conduct Report
Two subsidiaries of Auto Club Group have agreed to refund $2.6 million to policyholders and to pay $113,000 in fines after a market conduct examination by the North Carolina Department of Insurance. Members Insurance Co. and Universal Insurance Co., both …
Flights Again Halted to Israel After Houthi Missile Lands Near Airport
European and U.S. carriers canceled flights for the next several days after a missile fired by Yemen’s Houthi rebels on Sunday landed near Israel’s Ben Gurion Airport, the country’s main international travel gateway. Many foreign airlines subsequently suspended flights to …
Driver of Tour Van Involved in Deadly Idaho Crash Was Licensed in California
Idaho State Police said the driver of the tour van involved in a deadly collision with a pickup truck was licensed in California and the company that organized the trip was Ctour Holiday LLC, a large tour operator that provides …
Man Who Fell 21 Feet to Warning Track at Pittsburgh Ballpark Improving
The man who fell from the top of a 21-foot-high wall onto the warning track at PNC Park during a game between the Pittsburgh Pirates and the Chicago Cubs on Wednesday night is awake and alert. The organizer of a …
ICE Joins DeSantis in Touting Record Number of Arrests of Illegal Immigrants
MIRAMAR, Fla. (AP) — A record 1,120 people accused of being in the U.S. illegally were arrested in less than a week during sweep orchestrated by federal, state and local authorities in Florida, an operation officials credited on Thursday to …
Feds Charge White Supremacist Over 2019 Arson at Tennessee School
NASHVILLE, Tenn. (AP) — A suspect whom authorities have linked to white supremacist movements has been arrested in the March 2019 fire that destroyed an office at a storied Tennessee social justice center. Regan Prater was arrested last Thursday and …
Why Trump Is Ending Enforcement of Civil Rights Laws That Ban ‘Disparate Impact’
President Donald Trump recently ordered federal agencies not to enforce laws that prohibit policies and practices with discriminatory impacts that are often unintended. Curbing so-called “disparate impact” liability, which is common in employment-related cases, removes a critical tool the government …