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Net Loss of $343 Million for Liberty Mutual in Q2
Liberty Mutual Holding Co. said it recorded a second quarter net loss of about $343 million compared with net income of nearly $770 million during the same period a year ago. Liberty Mutual Holding Co. said it recorded a second quarter net loss of about $343 million compared with net income of nearly $770 million during the via Best Insurance Ocala Griffin Insurance Agency, 2139 NE 2nd Street A, Ocala, FL 34470, (352) 732-7105
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Allstate 'Further Accelerating' Rate Hikes Following Q2 Loss
Allstate Corp. said it is accelerating its plan to increase auto insurance rates as it reported unprofitable results for the second quarter. Allstate Corp. said it is accelerating its plan to increase auto insurance rates as it reported unprofitable results for the second quarter. Allstate via Best Insurance Ocala Griffin Insurance Agency, 2139 NE 2nd Street A, Ocala, FL 34470, (352) 732-7105
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Weston Insurance Becomes Fifth Florida Insurer to Go Insolvent This Year
Weston Property & Casualty Insurance Co. is insolvent and should be placed into receivership, making it the fifth Florida property insurer this year to be dissolved, according to state regulators. Weston Property & Casualty Insurance Co. is insolvent and should be placed into receivership, making it the fifth Florida property insurer this year via Best Insurance Ocala Griffin Insurance Agency, 2139 NE 2nd Street A, Ocala, FL 34470, (352) 732-7105
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Alliant Response to Gallagher Poaching Suit: Female Employees Left Due to Poor Treatment
Alliant Insurance Services fired back at rival Arthur J. Gallagher in response to a request from Gallagher for a temporary restraining order against Alliant, accusing Gallagher of “rampant sexism, discrimination, and unfair treatment of women.” Alliant Insurance Services fired back at rival Arthur J. Gallagher in response to a request from Gallagher for a temporary restraining order against via Best Insurance Ocala Griffin Insurance Agency, 2139 NE 2nd Street A, Ocala, FL 34470, (352) 732-7105
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State Farm Alleges $2.6M Auto Insurance Fraud by New Jersey Chiropractors, Doctors
Insurer State Farm is fighting what it says is a fraudulent medical scheme that has been exploiting New Jersey’s personal injury protection (PIP) benefits law since 2014. Insurer State Farm is fighting what it says is a fraudulent medical scheme that has been exploiting New Jersey's personal injury protection (PIP) benefits via Best Insurance Ocala Griffin Insurance Agency, 2139 NE 2nd Street A, Ocala, FL 34470, (352) 732-7105
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Wisconsin Roofing Contractor Fined $94,000 for OSHA Violations
Despite the potentially deadly consequences of its actions, an Appleton, Wisconsin contractor allowed three roofers to work at heights up to 18 feet without anchoring their fall protection, making it useless in preventing serious or fatal injuries. Despite the potentially deadly consequences of its actions, an Appleton, Wisconsin contractor allowed three roofers to work at heights up to 18 feet via Best Insurance Ocala Griffin Insurance Agency, 2139 NE 2nd Street A, Ocala, FL 34470, (352) 732-7105
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California Insurance Commissioner: Mercury Steered 'Good Drivers' Toward Higher-Priced Policies
California Insurance Commissioner: Mercury Steered ‘Good Drivers’ Toward Higher-Priced Policies California Insurance Commissioner Ricardo Lara announced a legal action on Monday against Mercury Insurance for reportedly violating consumer protection via Best Insurance Ocala Griffin Insurance Agency, 2139 NE 2nd Street A, Ocala, FL 34470, (352) 732-7105
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New Orleans Mayor OKs Facial Recognition Use for Cops
New Orleans Mayor LaToya Cantrell signed an ordinance Thursday to partly reverse the city’s ban on police use of facial recognition software. New Orleans Mayor LaToya Cantrell signed an ordinance Thursday to partly reverse the city's ban on police use of facial recognition software. She had via Best Insurance Ocala Griffin Insurance Agency, 2139 NE 2nd Street A, Ocala, FL 34470, (352) 732-7105
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Michigan Supreme Court: Anti-Bias Law Protects LGBTQ
The Michigan Supreme Court last week said the state’s anti-discrimination law covers sexual orientation, a victory for LGBTQ residents. The Michigan Supreme Court last week said the state's anti-discrimination law covers sexual orientation, a victory for LGBTQ residents. The court, in a via Best Insurance Ocala Griffin Insurance Agency, 2139 NE 2nd Street A, Ocala, FL 34470, (352) 732-7105
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Floods, Storms Drive Global Insured Catastrophe Losses of US$38B in H1 2022: Swiss Re
A series of winter storms in Europe, record floods in Australia and South Africa as well as a high number of thunderstorms in the U.S. and Europe resulted in US$35 billion of insured losses from natural catastrophes in the first half of 2022, according to Swiss Re Institute’s preliminary estimates. A series of winter storms in Europe, record floods in Australia and South Africa as well as a high number of thunderstorms in the U.S. and Europe resulted via Best Insurance Ocala Griffin Insurance Agency, 2139 NE 2nd Street A, Ocala, FL 34470, (352) 732-7105
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World Insurance Acquires New Jersey's Coverage Specialists
Insurance brokerage World Insurance Associates reports that it has acquired Coverage Specialists, Inc. of Pompton Plains, New Jersey. Insurance brokerage World Insurance Associates reports that it has acquired Coverage Specialists, Inc. of Pompton Plains, New Jersey. Coverage Specialists via Best Insurance Ocala Griffin Insurance Agency, 2139 NE 2nd Street A, Ocala, FL 34470, (352) 732-7105
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Who Needs Earthquake Coverage and Why
Who Needs Earthquake Coverage? Natural disasters are events that create fear. When you add the flavor of how these events are reported, the fear is ratcheted up significantly, via Best Insurance Ocala Griffin Insurance Agency, 2139 NE 2nd Street A, Ocala, FL 34470, (352) 732-7105
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Maryland's Wage Law Can Cover Travel Required by Employer, Court Finds
Maryland’s wage and hour law may extend beyond the time an employee spends at a prescribed workspace to include time spent getting to the work site using transportation required by the employer, Maryland’s highest court has decided. Maryland's wage and hour law may extend beyond the time an employee spends at a prescribed workspace to include time spent getting to the work site using via Best Insurance Ocala Griffin Insurance Agency, 2139 NE 2nd Street A, Ocala, FL 34470, (352) 732-7105
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Markets/Coverages: Sayata Adds CFC to Platform; Cowbell Cyber Partners With Amwins
Markets/Coverages: Sayata Adds CFC to Platform; Cowbell Cyber Partners With Amwins Boston-based Sayata said it has added CFC to the Sayata platform, offering brokers full access to CFC's award-winning cyber insurance offering for small via Best Insurance Ocala Griffin Insurance Agency, 2139 NE 2nd Street A, Ocala, FL 34470, (352) 732-7105
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Hartford, CNA Post Drops in Q2 Net Income
Second quarter earnings at The Hartford fell to $437 million – about 51% less than the same period a year ago. Second quarter earnings at The Hartford fell to $437 million – about 51% less than the same period a year ago. Hartford said it booked a $485 million via Best Insurance Ocala Griffin Insurance Agency, 2139 NE 2nd Street A, Ocala, FL 34470, (352) 732-7105
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Demotech Downgrades Three in Florida; AM Best, KBRA Say They're Available
Just two weeks after the Demotech financial rating firm set off a firestorm of controversy by warning that it could soon downgrade as many as 17 Florida property insurers – then promised to hold off – the firm has now downgraded three significant carriers. Just two weeks after the Demotech financial rating firm set off a firestorm of controversy by warning that it could soon downgrade as many as 17 Florida via Best Insurance Ocala Griffin Insurance Agency, 2139 NE 2nd Street A, Ocala, FL 34470, (352) 732-7105
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Viewpoint: Jury Blasts Defense with a $464.5 Million Nuclear Verdict
Plaintiffs’ California dreamin’ became a reality when a Los Angeles jury went nuclear with a verdict of $464.6 million after an eight-week trial in June. Plaintiffs' California dreamin' became a reality when a Los Angeles jury went nuclear with a verdict of $464.6 million after an eight-week trial in June. via Best Insurance Ocala Griffin Insurance Agency, 2139 NE 2nd Street A, Ocala, FL 34470, (352) 732-7105
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