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1.

St. Johns Insurance Insolvent, to be Liquidated, Florida DFS Reports

Feb 28, 2022 -- St. Johns Insurance Co., one of the larger property/casualty insurers based in Florida, is now insolvent and will soon be liquidated. The Florida...
 
2.

AM Best: Ukraine Invasion to Likely Have 'Substantial Impact' on Insurance Industry

Feb 28, 2022 -- Russia's invasion of Ukraine could add to inflationary pressures and will likely have a substantial impact on the global insurance industry, said...
 
3.

Liberty Mutual Closes Deal for State Auto Group

Mar 1, 2022 -- Liberty Mutual Insurance said it completed the all-cash deal of about $1 billion for super-regional insurer State Auto Group. The transaction was...
 
4.

Florida DFS Takes Action Against Public Adjuster Insurers Had Crossed With

Mar 4, 2022 -- After several months of investigation, Florida regulators have filed an official action against a public adjuster that insurance companies had...
 
5.

Aon Discloses 'Cyber Incident' Amid Mounting Concerns Over Hacks

Feb 28, 2022 -- Aon Plc is investigating a "cyber incident" that the insurance brokerage said impacted a limited number of its systems. The incident, identified...
 
6.

Hub, Bold Penguin to Acquire Small-Business Digital Agency Insureon

Mar 1, 2022 -- Brokerage Hub International and insurtech Bold Penguin have agreed to acquire digital agency Insureon Holdings. Chicago-based Insureon calls itself...
 
7.

Florida Insurance Rescue Bill Advances with Roof Deductible Provision

Mar 1, 2022 -- A rescue bill that aims to cut losses and litigation expenses for Florida property insurers passed a state Senate committee Monday, its last stop...
 
8.

Lemonade Execs Expect 'Peak Losses' in 2022

Feb 25, 2022 -- With unfavorable development and product mix changes propelling fourth-quarter and full-year loss 2021 ratios into the 90s—up 20 points over...
 
9.

Florida Keys School Board Surprised by $400,000 Increase in Insurance Premiums

Mar 3, 2022 -- Florida homeowners aren't the only ones feeling the pinch from sharply rising insurance premiums. School board members in the Florida Keys were...
 
10.

Supreme Court Asked to Resolve Federal Drug Law v. State Medical Marijuana Laws Debate

Feb 28, 2022 -- The U.S. Supreme Court has been asked to address whether federal drug law that criminalizes possession of marijuana invalidates state orders...
 
 
 

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