Browsing: Business Insurance

Norfolk Southern’s quarterly profits rise due to insurance payments related to 2023 derailment, with revenue remaining flat and expenses cut

Railroad company Norfolk Southern reports a significant rebound in quarterly profits, boosted by insurance payments related to the 2023 East Palestine derailment

NSM Insurance Group has completed the sale of its U.S. commercial insurance division to New Mountain Capital, marking a significant shift in its business structure.

Healthcare provider Bupa achieves significant financial and operational progress in 2024

Suncorp Group highlights its support for employees serving in defence and emergency response roles, featuring the story of Dominic McMullan, a Vero Insurance business development advisor and Australian Army Reserve member.

Admiral Group plc has agreed to sell its U.S. auto insurance business, including Elephant Insurance Company, to J.C. Flowers & Co. for an undisclosed sum.

The Insurance Council of Australia (ICA) reported a $1.94 million operating loss for the year ending December 31, 2024, citing unplanned spending related to regulatory responses, workforce initiatives, and higher-than-expected catastrophe response costs.

Piedmont Water Co. claims IRS wrongly denied $507,000 in tax deductions for insurance premiums paid to Fortis Captive Insurance Co.

Insurance agency announces leadership change with CFO John Galaviz becoming President

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