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Top 10 for the Past Week

 
 
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1.

Demotech Downgrades Three in Florida; AM Best, KBRA Say They're Available

Aug 2, 2022 -- 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...
 
2.

Weston Insurance Becomes Fifth Florida Insurer to Go Insolvent This Year

Aug 4, 2022 -- Weston Property & Casualty Insurance Co. is insolvent and should be placed into receivership, making it the fifth Florida property insurer this...
 
3.

Reports: GEICO Closing All Offices in California

Aug 1, 2022 -- GEICO is closing all of its offices in California, according to reports. The company shut down all of its 38 offices in the state and hundreds of...
 
4.

Allstate 'Further Accelerating' Rate Hikes Following Q2 Loss

Aug 4, 2022 -- Allstate Corp. said it is accelerating its plan to increase auto insurance rates as it reported unprofitable results for the second quarter....
 
5.

Gallagher Sues Alliant Again for Alleged 'Corporate Raid' of Employees

Aug 2, 2022 -- Broker Arthur J. Gallagher filed another poaching lawsuit against Alliant Insurance Services, alleging Alliant is "presently engaged in a corporate...
 
6.

America First Insurance Group Launches for Conservative Customers

Aug 3, 2022 -- Earlier this week after over a year in development, insurance agency America First Insurance Group was launched, claiming it is the country's first...
 
7.

Viewpoint: Jury Blasts Defense with a $464.5 Million Nuclear Verdict

Aug 2, 2022 -- 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...
 
8.

Net Loss of $343 Million for Liberty Mutual in Q2

Aug 4, 2022 -- 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...
 
9.

Lemonade Lays Off Some Metromile Employees Immediately

Aug 1, 2022 -- Immediately after Lemonade closed its deal of Metromile July 28, job boards lit up with news of layoffs at the acquired company. Former Metromile...
 
10.

Alliant Response to Gallagher Poaching Suit: Female Employees Left Due to Poor Treatment

Aug 5, 2022 -- Alliant Insurance Services fired back at rival Arthur J. Gallagher in response to a request from Gallagher for a temporary restraining order...
 
 
 

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