Harford Mutual Insurance Group Plans Merger With ClearPath Mutual
Harford Mutual Insurance Group, a commercial P/C insurance company, announced its plan to merge with ClearPath Mutual Insurance Company, a monoline workers compensation ...
Industry News
White House Releases New National Cybersecurity Strategy
The White House announced a new national cybersecurity strategy meant to make the digital ecosystem more resilient, including a more aggressive stance against malicious cyber actors and shifting ...
Root Inc. Says CFO ‘Terminated for Cause’
About one year into his employment with Root Inc. and a week after he helped the company report fourth-quarter earnings, Chief Financial Officer Robert Bateman has been fired for violating company ...
E-Bike Batteries Blamed for 22 New York City Fires, 2 Deaths This Year
Lithium-ion batteries used to power electric bicycles and scooters have already sparked 22 fires that caused 36 injuries and two deaths in New York City this year, four ...
Fidelis Insurance Holdings Submits Draft Registration With SEC for Proposed IPO
Bermuda-based Fidelis Insurance Holdings Ltd. announced it has submitted a draft registration statement on with the Securities and Exchange Commission, relating to a ...
War, Inflation, Polarization Driving Global Increase in Political Risk
Inflation, social inequality, environmental concerns, political polarization and the Russia-Ukraine war are among factors that are leading to an increased risk of civil ...
Study: Back-to-Back Hurricanes Likely to Come More Often
What used to be a rare one-two punch of consecutive hurricanes hitting about the same place in the United States weeks apart seems to be happening more often, and a new ...
PLUS Panelists Warn Insurers Not to Get Comfortable Riding the Cyber Rollercoaster
Jeremy Gittler, practice leader and head of Cyber Americas at AXA XL, thinks of the cyber insurance industry as a rollercoaster. He says that after several years of ...
Drivers Killed One Pedestrian Every 75 Minutes in H1 2022
Drivers in the United States struck and killed 3,434 people in the first half of 2022 – up 5 percent, or 168 more deaths, from the same period the year before, ...
Progressive CEO: Early Rate Actions Helped Growth
Progressive Corp. posted full-year 2022 net income of $721.5 million, down about 78 percent from net income of $3.35 billion the prior year, due to losses in its ...