One80 Intermediaries, a Boston-headquartered wholesale broker, program manager, and insurance aggregator, announced it has acquired Strategic Underwriting Managers Inc. (SUM), a Canada-based managing general agent. Terms of the deal were not disclosed. Offering property, casualty and other specialty insurance products, …

Global insured property losses from disasters were US$31 billion in the first half of 2020, up from US$23 billion during the same period last year, according to Swiss Re Institute’s preliminary sigma estimates. Natural catastrophes accounted for US$28 billion of …

A federal judge in Missouri said on Wednesday a group of hair salons and restaurants can sue their insurance carrier for business interruption losses caused by the coronavirus pandemic, which they say caused a “direct physical loss” to their premises. …

American Family Insurance group’s succession plan calls for Chair and Chief Executive Officer Jack Salzwedel to continue as chair and CEO until Jan. 1, 2022. American Family Enterprise President Bill Westrate will serve as CEO-elect starting January 2021 and will …

Uber Technologies Inc. would be forced to shut down its ride-hailing operations in California if a court ruling that blocks it from classifying its drivers as independent contractors goes into effect, the company said in a court filing. A California …

California’s earthquake early warnings will be a standard feature on all Android phones, bypassing the need for users to download the state’s MyShake app in order to receive alerts, the Governor’s Office of Emergency Services said. The state worked with …