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ALKEME Acquires Texas’ NAPA Insurance Center

1 week 6 days ago
ALKEME announced the acquisition of the NAPA Insurance Center, an Austin, Texas- based insurance agency that provides health and P&C Insurance to NAPA’s independently owned Auto Part Stores and Auto Care Centers nationally. Founded over 30 years ago, the NAPA …

Washington Greenhouse Gas Allowance Auction Raises $300M

2 weeks ago
Washington state’s first auction of greenhouse-gas pollution allowances has generated an estimated $300 million as companies, consumers and the Legislature get a glimpse of the cost of emitting greenhouse gases that are increasing climate catastrophes. The Department of Ecology announced …

AM Best Downgrades SCOR’s Ratings

2 weeks ago
AM Best announced Thursday that it has downgraded the financial strength rating to A (excellent) from A+ (superior) and the long-term issuer credit ratings to “a+” (Excellent) from “aa-” (Superior) of SCOR SE and its main operating subsidiaries. The rating …

Over One Million Vehicles Reported Stolen in 2022

2 weeks ago
According to a new analysis by the National Insurance Crime Bureau, more than one million vehicles were stolen in the United States last year – marking a 7% increase over 2021. Monthly theft totals nationwide consistently exceeded 75,000 in 2022. …