Meridian Security Insurance Co. was responsible for paying $35,000 in prejudgment interest, starting from the date of each attorney invoice, a court ruled.

The all-cash transaction for the fifth-largest insurance brokerage in the U.S. is expected to close during Q2 2024.

Insurance industry news from Burns & Wilcox, Nearmap, Coalition and more.

A buildup in housing inventory has caused home prices to fall at some of the fastest rates in the nation.

A bill described as "the first part of Gov. Brian Kemp's multiyear approach to tort reform," received a favorable Georgia House Insurance Committee reading on February 15.

Insurance technology news from BMS, American Church Group, VIU by HUB and more.

Philanthropic insurance news from Fathom, Empire Auto Parts and more.

The insurance company argued that the defendants were negligent and are liable for the $170,000 policy paid to the insured for the damages caused by a fire, the complaint said.