UMass said it would pay a student the $10,000 prize for a halftime promotion at a women’s basketball game after a dispute with an insurance company over whether he stepped over the line when he made a half-court shot. Noah …

Meteorologists are warning of an elevated risk of dangerous debris flows and destructive mudslides in Southern California next week in areas scorched by destructive Los Angeles wildfires. AccuWeather meteorologists expect between 2 inches and 4 inches of rain near the …

Crest Insurance announced the acquisition Horizon Insurance Services, a full-service insurance agency based in Houston, Texas. The move marks Crest’s 20th office nationwide and its second in the state of Texas. With the addition of the Houston office, Crest continues …

Hub International announced that it has acquired the assets of Mayfield Insurance, Inc. (Mayfield Insurance). Terms of the transaction were not disclosed. Based in Mooresville, Indiana, Mayfield Insurance is an independent insurance agency offering comprehensive commercial and personal insurance, including …

Billionaire investor Bill Ackman pledged to cover the legal fees for a Texas doctor in a dispute with UnitedHealth Group Inc. over her claims that the company asked her to scrub out of an operation to justify a patient’s care. …

A new report highlights how cybersecurity gaps threaten critical services and policyholder trust, according to SecurityScorecard. Of the top 150 insurance companies involved in third-party attack vectors, 59% exposed critical vulnerabilities in the sector’s supply chain, more than double the …

Allstate’s plan to correct its auto insurance business has “restored profitability back to target levels,” said the insurer’s head of personal insurance. During an earnings call with analysts, Mario Rizzo, president of property-liability, said recent financial results reflect “successful execution” …

Influential proxy advisory firm Institutional Shareholder Services recommended on Friday that Apple investors vote against a proposal to consider eliminating the iPhone maker’s diversity, equity and inclusion policies. Apple’s disclosures offer shareholders sufficient information about its DEI policies and there …

This edition of International People Moves details appointments at Willis and Arch Insurance UK. A summary of these new hires follows here. Willis Promotes Easton to Global Head of ART and Head of Western Europe, Risk & Analytics Willis, a …

Legal & General said on Friday it would sell its U.S. protection business to Japan’s Meiji Yasuda for $2.3 billion in cash and said the Japanese firm would take a 5% stake in the British insurer, in the biggest strategic …

RALEIGH, N.C. (AP) — North Carolina Republican lawmakers this week unveiled their initial attempt this year to provide recovery funding for Hurricane Helene’s historic flooding, proposing new spending that totals less than half of what new Democratic Gov. Josh Stein …

Ahoy! Insurance, calling itself an insurance company built by boaters for boaters, has expanded into Florida, one of the world’s largest recreational boating markets. The excess and surplus lines broker was founded in 2021 by Amit Nisenbaum, a former Israeli …