Markets
Patents for Sale? State Farm Reveals Website of Inventions
State Farm announced that it has launched a new website to showcase some of its patented technology, and making it available for licensing, purchase or collaboration opportunities. "State Farm is ...
NCCI Workers Comp Report Highlights a Healthy Line
The performance of the U.S. workers compensation system remains strong according to the 2023 metrics released yesterday by the National Council on Compensation Insurance (NCCI). Private carriers ...
Farmers to Resume Offering Key Lines of Business Insurance in California
Farmers Insurance says it will resume accepting new business commercial multi-peril applications for auto service & repair, habitational, manufacturing, real estate and wholesale distribution ...
EverPeak Launches, Offers Workers Comp for Hard-to-Place Industries
EverPeak Insurance, in partnership with an "A"-rated national carrier to provide financial backing for its policies and supported by the nationally top-rated workers comp carrier Pinnacol Assurance, ...
Survey Offers Tips on Ways to Assist Homeowners in Procuring Adequate Coverage
The number of severe climate-related disasters in the United States escalated by 32 percent between 2019 and 2022, causing insured losses over the same period to rise by nearly 300 percent, according ...
Fannie and Freddie Hit Pause on Replacement-Value Rules for Home Insurance
Property insurance groups on Wednesday applauded a decision by Fannie Mae and Freddie Mac to hold off on an apparent plan to scrutinize mortgages on homes that don't carry full replacement-value ...
COVID-19 Can Be Occupational Disease, Colorado Court Says in Worker Death Case
For the first time, a Colorado appellate court has concluded that COVID-19 can be an occupational disease that is compensable under the state's Workers Compensation Act. The Colorado Court of Appeals ...
Mercury Taking Over Tokio Marine California Biz, Bullish on CDI Strategy
Mercury Insurance agreed to accept the transfer of California personal lines policies originally written by Tokio Marine Group insurers, the two carriers said in a media statement yesterday, ...