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Scientists Predict Major Quake in Chile’s Mineral-Rich North
Posted inInsurance

Scientists Predict Major Quake in Chile’s Mineral-Rich North

Fifteen years ago on February 27, a devastating 8.8 magnitude quake struck southern Chile off the coast of Concepcion, shaking the ground for four minutes and unleashing a tsunami that…
Posted by fastnewsbreak March 5, 2025
Kin Launches Home Insurance Product in California
Posted inInsurance

Kin Launches Home Insurance Product in California

Kin, a direct-to-consumer, digital home insurance provider, has expanded into California with a homeowners insurance product. The policies in California are marketed and distributed through Kin Insurance Services, a California…
Posted by fastnewsbreak March 5, 2025
King Risk Partners Acquires Rhode Island’s Insurance Center
Posted inInsurance

King Risk Partners Acquires Rhode Island’s Insurance Center

Fast-growing insurance broker King Risk Partners has acquired The Insurance Center, an independent insurance agency in Warwick, Rhode Island. Terms were not disclosed. Founded in 1973, The Insurance Center serves…
Posted by fastnewsbreak March 5, 2025
Arthur J. Gallagher to Acquire Woodruff Sawyer for $1.2B
Posted inInsurance

Arthur J. Gallagher to Acquire Woodruff Sawyer for $1.2B

Insurance brokerage Arthur J. Gallagher & Co. has signed a definitive agreement to acquire Woodruff Sawyer for $1.2 billion. Andy Barrengos, leader of San Francisco-based Woodruff Sawyer, will operate under…
Posted by fastnewsbreak March 4, 2025
Liberty Mutual to Sunset Safeco Brand in 2026
Posted inInsurance

Liberty Mutual to Sunset Safeco Brand in 2026

Safeco Insurance will stop being a brand name in 2026, and Liberty Mutual Insurance will sell all of its personal lines products under the Liberty Mutual name. Safeco has been…
Posted by fastnewsbreak March 4, 2025
Ohio to Cut Private Employer Workers Comp Rates by 6%
Posted inInsurance

Ohio to Cut Private Employer Workers Comp Rates by 6%

The Ohio Bureau of Workers’ Compensation board of directors announced a 6% rate cut for private employees effective July 1, 2025. The reduction follows a 7% rate cut for private…
Posted by fastnewsbreak March 4, 2025
Texas Beekeepers Facing Soaring Bee Losses, Threatening Agriculture Industry
Posted inInsurance

Texas Beekeepers Facing Soaring Bee Losses, Threatening Agriculture Industry

Since starting their beekeeping business southwest of San Antonio in late 2019, the Wheeler family has aimed to produce about 3,000 bee colonies each year, many of which are used…
Posted by fastnewsbreak March 4, 2025
Firings at NOAA Risk Lives and Economy, Former Agency Heads Warn
Posted inInsurance

Firings at NOAA Risk Lives and Economy, Former Agency Heads Warn

The federal weather and oceans agency touches people’s daily lives in unnoticed ways, so massive firings there will likely cause needless deaths and a big hit to America’s economy, according…
Posted by fastnewsbreak March 4, 2025
Airlines Want Less Helicopter Traffic Near Washington Airport
Posted inInsurance

Airlines Want Less Helicopter Traffic Near Washington Airport

A group representing U.S. airlines plans to urge federal aviation officials to permanently reduce helicopter traffic around Reagan National Airport outside Washington, D.C., following a January collision by an Army…
Posted by fastnewsbreak March 4, 2025
Brookfield to Enter UK Pension Insurance Mkt as Companies Offload Pension Liabilities
Posted inInsurance

Brookfield to Enter UK Pension Insurance Mkt as Companies Offload Pension Liabilities

Brookfield Wealth Solutions is entering the UK pension insurance market, it said on Monday, as the Canadian financial giant looks to tap into strong demand from companies to offload their…
Posted by fastnewsbreak March 4, 2025

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