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AM Best Assigns Credit Ratings to Velocity Specialty Insurance Company | Business Wire

The very strong balance sheet assessment reflects the company's strongest level of risk-adjusted capitalization, as measured by Best's Capital ... Source link

Analysis: Italy’s insurance holes expose state finances to disasters

June 29 (Reuters) - Lamberto Mongardi, a farm owner in the northern Italian town of Lugo, was hit twice when torrential rain lashed the area last month: not only was much of his property washed away, but he also discovered his insurance cover...

Talcott Resolution Life Insurance Company Confirms 552,821 Customers Affected by Third-Party MOVEit Data Breach | Console and Associates, P.C.

On June 28, 2023, Talcott Resolution Life Insurance Company (“Talcott”) filed notice of a third-party data breach with the Attorney General of Maine after learning that one of Talcott’s vendors, PBI Research, was affected by the MOVEit data breach. On the Maine AG’s...

Texas Mutual Insurance Company awards $100,000 grant to Amarillo College

AMARILLO, Texas (KAMR/KCIT) — Texas Mutual Insurance Company officials announced that they are awarding Amarillo College’s Safety and Environmental Technology program with a $100,000 grant. According to a Texas Mutual press release, this funding aims to provide workplace safety and health courses for community...

Marin’s fire-safe homeowners need insurance companies to be responsive – Marin Independent Journal

Many Marin homeowners are understandably nervous about the risk of losing their property insurance these days. In many cases, if their coverage isn’t being renewed, it’s costing a lot more to retain the same protection. Insurance giants State Farm and Allstate’s decision to not write...