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Hurricane Francine Bears Down on Louisiana With Dangerous Wind...
Posted: Sep 11, 2024
New Jersey court rules company lacked authority to release a former subsidiary's rights to pollution coverage without consent. The post
Posted: Sep 11, 2024
The partnership has been developed to enable delivery of WTW insurance solutions to SME clients in the UK and US through vertical SaaS platforms.
Posted: Sep 11, 2024
The transaction is expected to close on Jan. 1, 2025, subject to customary closing conditions, including regulatory approvals.
Posted: Sep 11, 2024
With Grange for 12 years, Lebens has served in several leadership roles within the organization.
Posted: Sep 11, 2024
In 2022, private investment firm Aquiline Capital Partners LP acquired a majority stake in the company.
Posted: Sep 11, 2024
Optalitix has customers in the UK and internationally.
Posted: Sep 11, 2024
The new division will be led by Phil Taylor.
Posted: Sep 11, 2024
Insurance Business Magazine - US
Posted: Sep 11, 2024
Insurance Business Magazine - US
Posted: Sep 11, 2024
U.S. Seeks New Pedestrian Safety Rules Aimed at Bigger SUVs, Pickups The U.S. government's road safety...
Posted: Sep 11, 2024
Kimmi Cantwell, President of the Texas Surplus Lines Association, Inc., announced that TSLA unveiled its new website and management system. This upgrade simplifies event registration, member updates, and membership applications. Key features include...
Posted: Sep 11, 2024
The Louisiana Department of Insurance issued guidance for residents who have a homeowners policy with Additional Living Expenses (ALE) coverage ahead of Hurricane Francine. ALE coverage pays for additional living expenses like hotel stays and food wh...
Posted: Sep 11, 2024
Hurricane Francine is closing in on Louisiana with high winds and dangerous storm surge, picking up speed as it nears the coast. Francine is a Category 1 hurricane with top winds holding steady at 90 miles (145 kilometers) per hour, …
Posted: Sep 11, 2024
Nuclear verdicts in the United States are breaking records with 27 court cases each awarding compensation of more than US$100 million during 2023, according to Swiss Re executives. Social inflation in US rose to 7% in 2023 – a 20 …
Posted: Sep 11, 2024
VOLGA, S.D. (AP) — Two people have died in an accident at a farm silo in South Dakota. The Brookings County Sheriff’s Office said in a Facebook post that the accident happened just before noon Saturday on a farm near …
Posted: Sep 11, 2024
Very few people who live near the East Palestine, Ohio, train derailment opted out of a $600 million class action settlement despite residents’ reservations about whether the deal offers enough, so lawyers argue the agreement should be approved...
Posted: Sep 11, 2024
CHICAGO (AP) — A federal jury has awarded $50 million in damages to a suburban Chicago man who was exonerated in a murder and released from prison in 2018 after spending about 10 years behind bars. Monday’s unanimous jury verdict …
Posted: Sep 11, 2024
Mississippi’s insurance commissioner is reminding policyholders that once Hurricane Francine moves across Louisiana, it will likely bring strong winds and heavy rains to the western part of the Magnolia State. And residents should be prepared b...
Posted: Sep 11, 2024
Posted: Sep 11, 2024
Berkshire Hathaway Specialty Insurance (BHSI), a division of Berkshire Hathaway, specialising in providing a range of insurance and reinsurance products, has announced the appointment of Andrew Knight as Country Manager, Amanda Sorsak as Head of C...
Posted: Sep 11, 2024
“In the supply chain, there’s a significant push for increased visibility, which involves using technology to see beyond the first level down to the second, third, or even fourth tier. This integration between conveyances allows for tracking, trac...
Posted: Sep 11, 2024
Litigation costs drove a 57% increase in US liability claims over the past decade, reaching an annual peak of 7% in 2023, Swiss Re reports. The post
Posted: Sep 11, 2024
According to a recent Global Specialties market update by Guy Carpenter, a global risk and reinsurance specialist, several significant trends have emerged in the terrorism and political violence insurance markets. While rates in the direct terrori...
Posted: Sep 11, 2024
A quick-moving wildfire raced toward Southern California mountain communities as authorities warned residents to evacuate. The Bridge fire exploded on Tuesday, burning into the Wrightwood community and nearby Mountain High ski resort. The fire has bu...
Posted: Sep 11, 2024
Russia’s National Settlement Depository lost a bid to overturn European Union sanctions over its alleged role in helping fund President Vladimir Putin’s invasion of Ukraine. The Moscow-based institution was hit by EU sanctions in 2022 whe...
Posted: Sep 11, 2024
Deteriorating market conditions and rising loss costs led to a 60 percent increase in rating downgrades of AM Best-rated U.S.-based insurers in 2023 compared with two years earlier, according to a newly issued report. The latest Best’s Special...
Posted: Sep 11, 2024
Newswise — Severe drought in the American Southwest and Mexico and more severe wet years in the Northeast are the modern norm in North America, according to new research – and the analysis suggests these seasonal patterns will be more …
Posted: Sep 11, 2024
Speaking in an interview at the Rendez-Vous de Septembre (RVS) in Monte Carlo, Jim Bichard, Global Insurance Leader, Partner, PwC UK, observed that while trading and renewals discussions are important, a longer-term view of the transition to net z...
Posted: Sep 11, 2024
Two Delta Air Lines jets collided on the ground at Atlanta’s Hartsfield-Jackson International Airport Tuesday, knocking the tail off of the smaller regional plane. Multiple news sources reported that no one was injured and passengers were booke...
Posted: Sep 11, 2024
A month after Hurricane Debby made landfall in northern Florida, the number of property insurance claims has reached almost 20,000, and total estimated insured losses are more than $121.5 million, the Florida Office of Insurance Regulation reported t...
Posted: Sep 11, 2024
Specialist insurer Inigo Limited has announced that it will be funding a three-year research programme at the University of Cambridge, which will apply the latest advances in both computing and AI in order to deepen understanding of how climate ch...
Posted: Sep 11, 2024
Norfolk Southern’s CEO Alan Shaw is under investigation for potential ethical lapses, the railroad confirmed Monday. A spokeswoman for the Atlanta-based railroad that is one of North America’s six largest declined to offer any additional...
Posted: Sep 11, 2024
Intermap Technologies, a global firm specialising in 3D geospatial products and intelligence solutions, has formed a strategic collaboration with Aon’s Impact Forecasting to enhance underwriting, risk management and portfolio modelling. Intermap’s...
Posted: Sep 11, 2024
A Ridgefield Park, New Jersey-based labor union for longshoremen, healthcare, maintenance and other workers has reported a cyber incident that may have exposed some members’ private information. The office for Local 1964, International Longshor...
Posted: Sep 11, 2024
The wife of a California inmate will receive $5.6 million after being sexually violated during a strip search when she tried to visit her husband in prison, her attorneys said. After traveling four hours to see her husband at a …
Posted: Sep 11, 2024
Global specialty underwriter and re/insurance provider AXIS Capital Holdings Limited (AXIS) has announced the appointment of Pranav Shroff as Head of Life Sciences in North America. Based in New York, Shroff will report to Michael McKenna, Head of...
Posted: Sep 11, 2024