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Alabama Tow Truck Operator Set for Trial on Overcharging Insurance Companies
Aug 15 2023 // One of five Alabama tow truck operators charged with overcharging insurance companies will go to trial in April, almost four years after the men were hit with insurance fraud charges. Danny Williams, owner of Southport...
People Moves: Assurex Global President and CEO Hildebrandt Elected to Western National Mutual Insurance Company’s Board of Directors
Aug 10 2023 // Assurex Global President and CEO Hildebrandt Elected to Western National Mutual Insurance Company’s Board of Directors Dean Hildebrandt, president and CEO of Assurex Global, headquartered in Columbus, Ohio, was...
Lloyd’s Leads Insurers in Raising Rates, Cutting Taiwan Cover as Conflict Risks Rise
Aug 10 2023 // Lloyd’s of London underwriters are leading insurers in raising rates and cutting the amount of cover they offer for risks involving Taiwan as concerns grow over possible military action by China, industry sources...
New Hampshire Insurers, Agencies Must Report When Producers Are Fired
Aug 9 2023 // The New Hampshire Insurance Department is reminding insurance companies and agencies that they must notify the department when terminating producers for cause. “In the interest of ensuring compliance and upholding...
Texas Legislature Takes Aim at the Use of ESG-Related Factors by Insurance Companies
Aug 8 2023 // Insurance companies are increasingly incorporating environmental, social and governance (ESG) factors into their underwriting processes when they examine risk. However, despite the increasing adoption of ESG-related...
US Insurers Invested in Fossil Fuels as Climate Risks to Underwriting Mount
Aug 8 2023 // U.S.-based insurers have invested hundreds of billions of dollars in fossil fuel-related assets which in turn contribute to the risk of climate-related damage to the underwriting side of their businesses, a new report said...
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