Travelers is using internal resources to cover the transaction, which is expected to close in Q1 2024.

Federal Insurance names 17 defendants, including ScoreMore Holdings LLC, a Texas-based festival production, concert promotion and artist management company.

Non-tornadic gusts such as straight-line winds and derechos are occurring five times more frequently.

Insurance technology news from Heffernan Insurance Brokers, ManyPets, MAPFRE Insurance and more.

Philanthropic insurance news from Insurance Development Forum.

The agent is facing 27 counts including grand theft and forgery for stealing from at least 10 small businesses.

A group of insurance subrogation plaintiffs are continuing to pursue separate claims against Hyundai Motor America and Kia America Inc.

Insurance industry news from At-Bay, HUB International, Sprout.ai and more.