Potential downgrades of State Farm’s California homeowners insurer came closer to reality yesterday when S&P Global Ratings put the “AA” financial strength and issuer credit ratings of State Farm General Insurance Co. on CreditWatch with negative implications. In early February, …

Smartwatches and other wearable technologies have the potential to change the pricing of life insurance policies by offering better data about individuals’ mortality risk, according to a new report by reinsurance company Munich Re and analytics firm Klarity. The study …

New fathers are more likely to be eligible for state paid parental leave programs but less likely to take the time off, leaving as much as $1.6 billion on the table annually in New York alone, according to a new …

Claims, communication, and technology are the top three concerns for independent agents when placing new business with a carrier, according to insurtech Vertafore. The findings were the result of a survey of nearly 1,300 insurance professionals including account managers, agency …

Two years ago, Rudy Diaz made a gutsy bet. The 45-year-old owner of Hight Logistics, a trucking company that hauls containers from the bustling ports around Los Angeles, began adding some of the country’s first electric heavy-duty trucks to his …

A federal judge on Tuesday said Meta Platforms must face a lawsuit claiming that the Facebook and Instagram parent prefers to hire foreign workers because it can pay them less than American workers. U.S. Magistrate Judge Laurel Beeler in San …

Insurance agents in Florida and beyond are finding that some of their toughest competition now seems to be coming from firms that aren’t really insurance agencies at all – at least not in the historical sense of the word. “They’re …

The California Labor Commissioner’s Office cited a homecare provider $2.3 million for misclassifying caregivers in a test of a new law the went into effect in January. The LCO issued the fines to Amity In-Home Care Services Inc. for misclassifying …

A bill that would create a study on the impact of insurance rating factors in Washington, including credit history, is moving through state Legislature. Senate Bill 5589 has passed out of committee in the Washington State Senate. The bill was …

Various media outlets have reported shots were fired into the home of the head of Oregon worker’s compensation insurer SAIF Corp. The outlets are reporting that the early-morning Feb. 21 shooting occurred at the Lake Oswego home of the SAIF …

Apple Inc. investors rejected an outside shareholder proposal to end the iPhone maker’s diversity, equity and inclusion efforts, though Chief Executive Officer Tim Cook said that the company may make some adjustments to the program. The company conducted the vote …

A Texas pipeline company’s lawsuit accusing Greenpeace of defamation, disruptions and attacks during protests against the Dakota Access Pipeline goes to trial in North Dakota on Monday, in a case the environmental advocacy organization says threatens free speech rights and …

Texan Insurance, a provider of personalized insurance solutions in Texas, announced the launch of Artemis Insurance as its new parent brand. The move aims to expand the company’s high-touch, high-tech insurance model nationwide while maintaining its commitment to personalized service …

Texans living in a 250-square-mile area of Harris County that includes a hazardous Superfund site had abnormally high rates of certain types of cancer, according to a new assessment from the state’s health department. The study, which was published earlier …

AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term ICR of “a+” (Excellent) of Hastings Insurance Company based …

Thailand saw the number of scam calls and text messages more than double to a record 168 million in 2024 from a year earlier, an anti-scam tech firm said, before authorities stepped up a crackdown on cyber fraud operations in …

Allianz Commercial Appoints Contreras North American Portfolio Solutions Leader Allianz Commercial, headquartered in New York City, appointed Jenna Contreras to the North American distribution team in the newly created role of portfolio solutions leader for wholesale and managing general agents …

Jami Long joined Robertson Ryan Insurance, headquartered in Milwaukee, Wisconsin, as chief financial officer (CFO). As CFO, Long will oversee all financial functions at Robertson Ryan, including financial planning and analysis, accounting, and human resources. Long most recently served as …

One person was killed in an avalanche in central Colorado on Saturday, marking just the latest fatality stemming from avalanches in the western U.S. this season. Authorities in Grand County responded Saturday to what they described as a skier-triggered avalanche …

The U.S. Food and Drug Administration and the Centers for Disease Control and Prevention said on Monday the agencies were investigating a multi-state outbreak of listeria infections linked to frozen supplemental shakes manufactured by Prairie Farms Dairy Inc. As of …