Ryan Specialty posts net loss despite revenue growth

[ad_1] The case arose after a June 2021 hailstorm damaged 86 townhomes in the Players Club Villas community. The association, which held a commercial property policy with QBE, submitted a claim days after the storm. While QBE acknowledged coverage, it issued a payment of only $1,587.05, citing actual cash value calculations and applying a 5%…

[ad_1] State regulators warn of sharp premium increases [ad_2] Source link

[ad_1] In American National Lloyds Ins. Co. v. Alexis, Civil Action No. 23-130, the insurer sought a declaratory judgment that it had no obligation to defend or indemnify Michelange Alexis and Real Estate Brothers, L.L.C., in a lawsuit filed in Berks County Court by Ernesto and Ana Rosa. The plaintiffs allege that Mr. Rosa suffered serious…

[ad_1] “We had greenwashing a couple of years ago, where companies claimed to be more sustainable or environmentally conscious than they really were,” Shah said. “Now, we’re seeing AI-washing – companies talking about their use of AI or their research into it in a way that doesn’t necessarily reflect reality.” [ad_2] Source link

[ad_1] The truck repair industry is crucial in maintaining the U.S. transportation infrastructure by ensuring commercial trucks remain operational. As demand for reliable freight transport grows, the industry has seen steady expansion in recent years and is expected to continue its upward trajectory. Operating a truck repair shop involves servicing large vehicles such as on-highway,…

[ad_1] New CEO at NJM Insurance Carol Voorhees (pictured right), currently executive vice president and chief operating officer at NJM Insurance, has been appointed president and CEO. She will succeed Mitch Livingston, who will retire on July 31, 2025, after 19 years with the company. [ad_2] Source link