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London’s IUA Names Jones as Chief Executive, Succeeding Matcham
The International Underwriting Association (IUA), the group representing London companies that provide international and wholesale re/insurance, has named Chris Jones as chief executive, succeeding Dave Matcham. Jones will formally take up his responsibilities on May 1, 2025 in response to …
POSTED MARCH 20, 2025 10:53 AM |
Med-Mal Insurer ProAssurance to Go Private After $1.3B Purchase by The Doctors Co.
The Doctors Company, the Napa, California-based, physician-owned medical malpractice insurer, announced it has entered an agreement to acquire ProAssurance Corp. for $1.3 billion, taking the company private. Under the terms of the agreement, ProAssurance stockholders will receive $25.00 in cash …
POSTED MARCH 20, 2025 9:23 AM |
Judge Declines to Force FEMA to Release Funds to Upgrade US Emergency Alert System
A federal judge on Monday declined to force the Trump administration to immediately reimburse dozens of public broadcasting stations for upgrades to the nation’s emergency alert system. The nonprofit Corporation for Public Broadcasting sued the Federal Emergency Management Agency last …
POSTED MARCH 20, 2025 5:15 AM |
Automakers, Tech Industry Urge Trump to Speed Self-Driving Car Deployment
Major automakers and tech groups on Tuesday called on the Trump administration to take steps to speed deployment of self-driving cars, citing a number of regulatory hurdles. The Alliance For Automotive Innovation, a group representing nearly all major automakers, in …
POSTED MARCH 20, 2025 5:07 AM |
JD Power: Customers Not Happy With Carrier Property Claims Service
Higher premiums and longer wait times make property owners less satisfied with their insurers. These not-very-surprising results from J.D. Power’s 2025 U.S. Property Claims Satisfaction Study align with today’s climate of increasingly longer claim cycle times and higher costs for …
POSTED MARCH 20, 2025 5:02 AM |
Homeowners Have Post-Loss Responsibilities Too, Florida Appeals Court Says in HCI Win
Florida insurers, often on the receiving end of insureds’ complaints – in the courts and in the news media – may take heart from a new ruling by a Florida appeals court, which draws a bold line under insureds’ responsibilities …
POSTED MARCH 20, 2025 5:01 AM |
People Moves: Alabama DOI Names Boswell Accounting Director
The Alabama Department of Insurance has named Nicole Boswell accounting director. Boswell, with the department since 2008, previously was accounting manager of financial operations and assistant financial officer for the department. She has overseen the department’s budget, accounts payable, cash …
POSTED MARCH 20, 2025 5:01 AM |
$25M for California Worker Safety, Including Support for LA Fire Recovery Workers
The California Department of Industrial Relations made available $25 million in funding for the California Workplace Outreach Project to support 89 community-based organizations across the state. This initiative is intended to promote workplace safety and educate workers about their rights. …
POSTED MARCH 20, 2025 5:00 AM |
Survivor Advocates Criticize New York Top Court’s Dismissal of Sexual Abuse Lawsuit
A lawsuit against New York alleging sexual abuse decades ago was tossed out by the state’s top court Tuesday because it lacked specific information, drawing criticism from advocates concerned about setting unrealistically high standards for survivors to recall traumatic events. …
POSTED MARCH 20, 2025 5:00 AM |
Another Raw Pet Food Recall Is Tied to Illness And Death in Cats
A California pet food maker has recalled its raw chicken products after they were linked to bird flu infections in two cats and suspected in a third in New York City. The recall is the latest in recent months tied …
POSTED MARCH 20, 2025 5:00 AM |
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