Two more insurers are pulling out of California's troubled homeowners insurance market, straining a marketplace that already has seen the pullback of several other companies that have cited increase costs related to wildfire risks. Tokio Marine America Insurance Co. and Trans Pacific Insurance Co. submitted filings to the California Department of Insurance stating they will not renew 12,556 homeowners policies with a premium value of $11.3 million starting July 1. Also not being renewed are...
The school board voted to approve a five percent premium increase to insurance plans for active employees and a 15 percent increase for retired employees.
Automakers like General Motors (GM) are sharing customers' detailed driving behavior data with insurance companies, which can lead to higher premiums for some drivers. According to a March report from The New York Times, the practice fuels concerns over privacy and consent in the IoT world. After that report was published, however, the author realized that she and her husband were also being tracked -- and she is now sharing their experience. The initial Times report focused on the experience of...
Ecoshield Pest Solutions, Detroit LLC, has received a cease and desist order from the Michigan Attorney General’s Office for unlawful business practices.
(The Center Square) – Health insurance procedures will look different in Illinois if legislation advancing through Springfield becomes law, but some are concerned about the cost to taxpayers. In the latest push for health insurance reform, Gov. J.B. Pritzker is taking aim at what he calls "predatory health insurance practices" with his Healthcare Protection Act. Among other things, the legislation would ban step therapy, the tactic insurers use to require people...
LinkedIn's Premium Company Page includes AI-powered content creation and tools to increase follower counts, among other features to boost company profiles.
Migdal Insurance & Financial Holdings Ltd. boosted its position in Eli Lilly and Company (NYSE:LLY – Free Report) by 48.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 4,818 shares of the company’s stock after purchasing an additional 1,567 shares during the period. […]
Tabitha Richardson was found to be 'threatening and menacing' to her seven victims during a 20-year career. Now the loan shark has been told to pay back money she has made or face 19 months in jail.
AG's office says Knight Specialty Insurance Company failed to assure it could back the $175 million bond. James' office asks Trump put up replacement bond within seven days of ruling
Roble Belko & Company Inc raised its stake in The Boeing Company (NYSE:BA – Free Report) by 155.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 822 shares of the aircraft producer’s stock after buying an additional 500 shares during […]