Washington state Insurance Commissioner Mike Kreidler fined insurers and producers $66,328 in January and February.
Kreidler’s fines in January included New York Life Insurance Co. to the tune of $46,328 for failing to ensure its producers...
Specialist insurer Beazley has announced record pre-tax profit of $1.25 billion and a combined ratio of 71% for the year ended December 31st, 2023, with strong growth in the insurance service result of 52% and an investment return of 4.9%.
Group profit after-tax rose...
Former North Carolina insurance and business mogul Greg Lindberg has lost an appeal on whether one of his companies can delay the liquidation of two of his troubled life insurance carriers.
North Carolina Insurance Mike Causey...
California Supreme Court justices on Tuesday focused on the potential implications of ruling that the Covid-19 virus’ presence in surfaces is sufficient to show property damage for commercial insurance coverage.Justices during oral argument questioned the contours of coverage and implications for policyholders and...
