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EJ Victor officially decides not to resume operations

News follows settlement with Fireman’s Fund Insurance Company over a claim related to the devastation from Hurricane Helene last September MORGANTON, N.C. — Following the settlement of a claim with its insurer over the devastation it experienced from Hurricane Helene last September, luxury...

Honda takes an idea from Tesla, launches new insurance business

Say what you will about Elon Musk, but Tesla has changed the way that millions of people buy cars and, by extension, car insurance. Now, Honda is taking a page from Tesla’s successful playbook and launching its own in-house insurance business. Enter: Honda...

Gallagher names new managing director

Arthur J. Gallagher Co. said Friday it has named former Praesidium Inc. executive Candace Collins global safeguarding managing director. In the newly created position, Ms. Collins will bolster Gallagher’s capabilities in sexual abuse risk prevention and response, the broker said. She reports to Eric Pan,...

RTP-based company using AI to fight health insurance denials

RALEIGH, N.C. (WTVD) -- At Research Triangle Park (RTP), companies are leading the way with artificial intelligence and trying to harness their powers for the greater good.Nearly 1 in 5 Americans with health insurance have had a healthcare claim denied, and a new...

AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of Ozark National Life Insurance Company

AM Best Removes From Under Review With Developing Implications and Affirms Credit Ratings of Ozark National Life Insurance Company AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating...