Browsing: Business Insurance

Allstate Corp.’s pretax catastrophe losses for March reached $1.04 billion, bringing first-quarter losses to $2.2 billion. Eleven events contributed to the March total, with four large-scale systems involving wind and hail accounting for approximately 80% of the losses.

Insurance brokerage firm The Hilb Group has acquired a Maine-based property and casualty agency, effective April 1, 2025, expanding its New England footprint.

Several insurance companies have announced significant leadership changes and new hires to strengthen operations and expand services.

The Arkansas Court of Appeals ruled that faulty workmanship during installation qualifies as a covered ‘occurrence’ under a commercial general liability policy, clarifying statutory definitions in construction disputes.

The Arkansas Court of Appeals has affirmed a lower court’s decision that Nationwide Mutual Insurance Co. must defend and indemnify NWA Restore-It, Inc. in a lawsuit involving property damage allegedly caused by faulty workmanship during flooring installation.

Insurance industry news about The Hilb Group’s recent acquisition

New York-based insurance technology startup 1Fort secures funding to expand AI-powered platform for business insurance

This article explores multifaceted approaches to improving memory and cognitive functions. It features the significance of cognitive training, offers insights into the potential of nootropics, and emphasizes the importance of lifestyle modifications, including diet and exercise, for cognitive optimization.

Mark Sanders, the former CEO of Superior HealthPlan, was fired after admitting to hiring private investigators to surveil customers and lawmakers, prompting an investigation by the Texas Attorney General.

New tariffs on auto imports could increase the costs of car repairs, and ultimately, insurance premiums.