Federal officials will investigate a commuter train fire in Philadelphia this week in which more than 300 passengers were safely evacuated. The National Transportation Safety Board announced Friday that it will look into the blaze, which was reported about 6 …
Passengers Safely Evacuated When Fire Engulfs Train in Philadelphia Read More »
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 …
UMass Pays Out $10K After Tiff With Insurer Over Student’s Prize for Half-Court Shot Read More »
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 …
AccuWeather: Elevated Risk of Mudslides at LA Wildfire Burn Scars From Coming Storm Read More »
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 …
Crest Acquires Texas’ Horizon Insurance Services Read More »
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 …
Hub Acquires Indiana’s Mayfield Read More »
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. …
Ackman Backs Doctor as His Fight With UnitedHealth Escalates Read More »
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 …
Third-Party Attack Vectors Responsible for 59% of Insurance Breaches Read More »
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” …
Allstate to ‘Lean Into’ Turnaround in Auto Business, and Grow Read More »
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 …
Advisory Firm ISS Urges Apple Investors to Vote Against Scrapping Diversity Policies Read More »
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 …
