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People Moves: Judd Joins AXA XL Energy

1 month 1 week ago
Judd Joins AXA XL Energy Underwriting Team AXA XL, in Stamford, Connecticut, hired Eric Judd as an executive underwriter on its energy underwriting team in the Americas in New York. With more than three decades of experience in the insurance …

Insured Losses in Texas Exceed $47 Billion in 2024

1 month 1 week ago
Insured losses exceeded $47.2 billion in Texas last year—a 4.2% increase over 2023, according to a new property and casualty market report from the state’s insurance council. Annual direct losses in Texas have now increased in two consecutive years. Broken …

SAIF in Oregon Declares $50 Million Dividend

1 month 1 week ago
SAIF’s board of directors has declared a $50 million dividend for more than 50,000 workers’ compensation policyholders. In October, 50,757 policyholders are set to receive the dividend, which will be calculated based on the premium for policies that ended in …

FTC Takes Action Against Worker Noncompete Agreements

1 month 1 week ago
The U.S. Federal Trade Commission barred the largest pet cremation business in the U.S. from enforcing its noncompete agreements with 1,800 workers on Thursday, saying they unfairly diminish workers’ leverage with their employer. FTC Chair Andrew Ferguson said in a …
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