by lpiccitto | Aug 7, 2025 | Uncategorized
Second quarter underwriting income in AIG’s General Insurance segment increased 46% compared with last year, to $626 million. The unit—North America commercial, International commercial, and global personal—recorded $170 million in catastrophe-related charges in Q2...
by lpiccitto | Aug 6, 2025 | Uncategorized
California’s biggest legal marijuana grower said nine of its employees were detained in a federal immigration raid last month that netted hundreds of arrests, and that the business has ended its relationship with two labor contractors that supplied its farmworkers....
by lpiccitto | Aug 6, 2025 | Uncategorized
The New Hampshire Insurance Department (NHID) has approved an average 6.1% reduction in voluntary workers’ compensation loss costs effective January 1, 2026. The assigned risk pool for risks not insured in the voluntary market will see a reduction of 5.4%. …
by lpiccitto | Aug 6, 2025 | Uncategorized
A climate nonprofit is planning to revive a key federal database tracking billion-dollar weather disasters that the Trump administration formally stopped updating in May. The database — which was produced by the National Oceanic and Atmospheric Administration — is set...
by lpiccitto | Aug 6, 2025 | Uncategorized
Three months after a U.S. senator chastized Allstate for its response to a Georgia woman’s storm claim, Allstate has paid more than 10 times its initial payout on the claim, U.S. Sen. Josh Hawley said Tuesday. “Allstate has finally agreed …