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LA Mayor Race Shaken by Wildfire Allegations
Billionaire Rick Caruso is sticking with his decision to stay out of the race for Los Angeles mayor, despite raising the prospect he would reconsider following a news report that Mayor Karen Bass asked to soften an after-action investigation into …
POSTED FEBRUARY 06, 2026 6:11 PM |
McGowan Allied Specialty Insurance Announces Sales Territory Realignment
McGowan Allied Specialty Insurance announced a strategic realignment of sales territories within its in-house team designed to enhance services, improve regional coverage, and ensure a more tailored experience for clients across the country. The Ohio-based company said that by reallocating …
POSTED FEBRUARY 06, 2026 5:27 PM |
Louisiana Agency to Pay $1.2M Refund for Illegal Overcharging on Surety Premiums
A Louisiana insurance agency has been ordered to pay $1.2 million in premium refunds for overcharging fraudulent fees on commercial surety bond policies. The Louisiana Department of Insurance announced that Alexander Ellsworth and his agency, Ellsworth Corporation, will pay a …
POSTED FEBRUARY 06, 2026 5:15 PM |
Allstate CEO Wilson Takes on Affordability Issue During Earnings Call
Allstate posted significantly higher net and underwriting income for the fourth quarter and full year. With affordability top of mind, that leads to questions about excessive profits. Similar to Chubb’s earnings call, analysts asked Allstate CEO Tom Wilson to comment …
POSTED FEBRUARY 06, 2026 4:58 PM |
People Moves: NFP Appoints Spencer in Northeast; Lawley Promotes 3 Partners
NFP Appoints Spencer as SVP, Commercial Risk, Northeast NFP, an Aon company and property/casualty broker and benefits consultant headquartered in New York City, appointed Jack Spencer as senior vice president, commercial risk, in its Northeast region. Based in West Hartford, …
POSTED FEBRUARY 06, 2026 4:31 PM |
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