Juan C. Andrade is USAA’s new president and chief executive officer, said the insurance provider to millions of active military, veterans, and their families. Andrade will assume the role on April 2 and take over for Wayne Peacock, who announced …
Andrade Leaves Everest Group to Become USAA President and CEO Read More »
The Meteoric Rise in U.S. Auto Insurance Rates is Being Subsidized by Collector Car Owners According to Classic & Collector Insurer OpenRoad Standard auto insurers continue their efforts to recover from the unprecedented losses they experienced during COVID-19 due to …
Rising US Auto Insurance Rates Are Disproportionately Hurting Classic Car Owners: Read More »
Managing general underwriter Private Client Select Insurance Services, majority owned by Stone Point Capital and American International Group (AIG), said Ross Bowie has been appointed chief executive officer, effective immediately. Bowie joined Private Client Select in February 2024 as president …
Bowie Promoted to CEO of MGU Private Client Select Insurance Read More »
Active wind-driven wildfires in Southern California that are estimated to have burned more than 1,000 properties and prompted evacuation orders for more than 80,000 residents will likely lead to what industry watchers say will be sizable insured losses. With the …
California Wildfires Will Likely Lead to Large Economic and Insured Losses Read More »
Digital car insurer Clearcover announced the launch of Clearcover General Agency to serve the non-standard auto insurance market in Texas. Policies will be underwritten by Old American County Mutual Fire Insurance Company, bringing Clearcover’s digital-first insurance solutions to more drivers. …
Clearcover Expands Non-Standard Auto Coverage to Texas Read More »
A Berkshire Hathaway shareholder wants a committee of independent directors to oversee risks associated with artificial intelligence at the dozens of companies in Warren Buffett’s conglomerate. Tulipshare, an activist investor group based in London, said on Tuesday it submitted a …
Berkshire Shareholder Seeks Committee to Oversee AI at Buffett’s Company Read More »
A strong earthquake shook a high-altitude region of western China and areas of Nepal on Tuesday, damaging hundreds of houses, littering streets with rubble and killing at least 126 people in Tibet. Many others were trapped as dozens of aftershocks …
Tibet Earthquake Kills at Least 126 People, Leaves Many Trapped Read More »
The Plexus Groupe, a national commercial insurance brokerage and consulting firm, announced the appointment of Gerald Fawcett as President. Fawcett joined Plexus in February 2020 to lead the Industry and Specialty Practices. He was involved in vetting technology solutions and …
People Moves: The Piexus Group Names Fawcett as President Read More »
Oklahoma City and its police department have discriminated against people with behavioral health disabilities, the U.S. Department of Justice said last week after releasing the latest in a series of investigations into state and local law enforcement agencies. In its …
DOJ: Oklahoma City Police Discriminate Against People With Behavioral Disabilities Read More »
A class-action lawsuit filed Monday alleges the Omaha Housing Authority ignored and failed to eliminate bed bug infestations at high-rise apartments for low-income residents. The new lawsuit, brought by a pioneering firm in bed bug litigation, comes after a challenging …
Low-Income Tenants Sue Omaha Housing Authority Over Bed Bug Infestations Read More »
