NEW YORK -- Former President Donald Trump and his co-defendants have secured a $175 million bond in their New York civil fraud case on Monday, according to a court filing.Trump secured the bond through Knight Specialty Insurance Company.Last Monday, a panel of judges...
Roughly a week after State Farm announced that it would nonrenew tens of thousands of homeowners and commercial apartment policies in California, AM Best has downgraded the company that offered those policies.
Last week, State Farm...
AM Best delivered 39 downward credit rating actions to U.S. personal lines insurers in 2023, more than twice the number registered for 2022, the rating agency reported in its official tally for the year.
Additional downgrades...
People across California continue to struggle as many are being told that their homeowners insurance policies will not be renewed.
A number of providers are now telling homeowners they live in high-risk areas that are too fire prone or “too densely populated.”
San Francisco is...
Yet another Florida insurance company is asking the state to hike their rates. According to the Office of Insurance Regulation, Cypress Property & Casualty Insurance Company of Jacksonville will have a public hearing on April 3rd at 2:30 p.m. The company is asking...
Carbon Insurance Company Oka announced it has closed a $10 million funding round, which sets the foundation for the next growth phase. The company’s lead investors included Aquiline Capital Partners LP, firstminute capital, and Overview Capital. This round of funding also included the...
