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Nevada hit as 22,000 auto policyholders must replace coverage
Financial shortfall forces insurer to halt new business Source link
Allstate expects $1.17B in catastrophe losses for first two months of 2025
Figure is up on previously projected losses of $1.07 billion Source link
Ambac Assurance sued over alleged unauthorized transfer to parent company
Complaint is in connection with company’s rehabilitation Source link
Insurance moves: Alera Group, Brown & Riding
“Talicia is an executive who leads with both focus and empathy – for clients and colleagues,” said Gary Piantedosi, president of Alera Group. “Those characteristics, combined with her strategic insights and collaborative leadership style, will benefit both clients and colleagues, and we’re excited about the future.” Source link
Amtrust-owned Associated Industries Insurance prevails in crane injury case
The ruling, issued by Judge Cynthia M. Rufe of the US District Court for the Eastern District of Pennsylvania, stems from a March 5, 2022 accident at a high-rise construction site in Philadelphia. A crane’s rigging system detached and fell from an upper level of the site at One Dock Street, striking two workers, Joshua…
Argo Group appoints new chief executive officer
Industry and market outlook The leadership transition comes as Argo adapts to shifting industry dynamics, including regulatory changes, rising litigation costs, and evolving risks in the specialty insurance sector. With Donahue at the helm, the company is expected to continue refining its underwriting approach while seeking growth opportunities in niche markets. Source link