All Posts
Elon Musk had inside knowledge of a miss on production and delivery numbers that Tesla Inc. was facing when he sold more than $7.5 billion in stock in 2022, a shareholder in the electric vehicle maker claimed in a lawsuit. …
Posted: Jun 03, 2024
Live Nation Entertainment said on Friday it was investigating a data breach at its Ticketmaster unit that it discovered on May 20, the latest in a string of high-profile corporate hacks in the past year. In a filing with the …
Posted: Jun 03, 2024
An unidentified hacking group launched a massive cyberattack on a telecommunications company in the U.S. heartland late last year that disabled hundreds of thousands of internet routers, according to research published Thursday. Security analysts wit...
Posted: Jun 03, 2024
The 2024 Atlantic hurricane season, predicted to be unusually intense, officially began this week and it could soon bring the first test of a North Carolina law that some insurance experts have said weakens building codes in the state and …
Posted: Jun 03, 2024
The 2024 Atlantic hurricane season, predicted to be unusually intense, officially began this week and it could soon bring the first test of a North Carolina law that some insurance experts have said weakens building codes in the state and …
Posted: Jun 03, 2024
Nauto's AI-powered platform is transforming transportation safety by proactively identifying risks and preventing collisions before they occur The post
Posted: Jun 03, 2024
A Vermont man who lost his job after he said a random drug test showed he had used medical marijuana off duty for chronic pain has appealed to the Vermont Supreme Court saying he should not have been denied a …
Posted: Jun 03, 2024
A Vermont man who lost his job after he said a random drug test showed he had used medical marijuana off duty for chronic pain has appealed to the Vermont Supreme Court saying he should not have been denied a …
Posted: Jun 03, 2024
GIC Re, the Indian public sector reinsurer, has posted net profit after tax for the fiscal year ended 31 March 2024 (FY24) of ₹6,497.30 crore, 2.9% higher than the ₹6,312.50 crore figure that was posted in the prior year. In Q4 FY24, standalone ne...
Posted: Jun 03, 2024
Vermont has become the first state to enact a law requiring fossil fuel companies to pay a share of the damage caused by climate change after the state suffered catastrophic summer flooding and damage from other extreme weather. Republican Gov. ̷...
Posted: Jun 03, 2024
More than 48,000 Hawaiian Electric Co. customers living in some of the state’s driest areas will soon face the prospect of advance power shutoffs — and outages that could last several days — in order to reduce the risk of …
Posted: Jun 03, 2024
PEMCO Mutual Insurance named Calvin Strong chief claims officer. It also named Shashi Reddy chief data and analytics officer. Strong will lead the claims function at PEMCO. Strong has more than 30 years of experience in the property/casualty insuranc...
Posted: Jun 03, 2024
PEMCO Mutual Insurance named Calvin Strong chief claims officer. It also named Shashi Reddy chief data and analytics officer. Strong will lead the claims function at PEMCO. Strong has more than 30 years of experience in the property/casualty insuranc...
Posted: Jun 03, 2024
AIG is “a different company” today than it was when CEO Peter Zaffino joined the company in 2017, but like the old AIG, the new one is poised to grow again, he said. The former executive of Marsh, who recalled …
Posted: Jun 02, 2024
This post is part of a series sponsored by TSIB. You worked hard to manage an acceptable outcome for your insurance renewal, answered countless underwriting queries, finally give your broker the order to bind, and you find yourself with one …
Posted: Jun 02, 2024
32.7M Homes at Risk of Hurricane Damage, CoreLogic Report Shows More than 32.7 million res...
Posted: Jun 02, 2024
American National Exiting Homeowners Insurance Market Following its announcem...
Posted: Jun 02, 2024
A man injured when he was hit by a car while he was operating a low speed Segway electric scooter is not entitled to personal injury protection (PIP) benefits under New Jersey’s no-fault auto insurance law, the state’s Supreme Court ̷...
Posted: Jun 02, 2024
Maryland plans to rebuild the Francis Scott Key Bridge in just over four years at an estimated cost between $1.7 billion and $1.9 billion, a state transportation official said. The state plans to build a new span by fall of …
Posted: Jun 02, 2024
By Ezra Amacher Nuclear verdicts of at least $10 million reached a 15-year high in 2023, while 27 verdicts were “thermonuclear,” or more than $100 million, according to a new study by research firm Marathon Strategies. The report, “...
Posted: Jun 02, 2024
By Allen Laman Discrimination, active assailants and an aging infrastructure — educational institutions today face tough liability and property risks that were uncommon in the not-too-distant past. Pair those with longtime risks like sexual ass...
Posted: Jun 02, 2024
Increased distractions, staffing shortages and safety risks mean that 60% of company drivers are worried about their personal safety and liability behind the wheel. Over half have been involved in or witnessed an accident in the past year. According...
Posted: Jun 02, 2024
For airline passengers and workers alike, it feels like trouble is lurking behind every cloud of late. Frightening scenes of a door plug flying off an airplane mid-flight have dominated news coverage. Clips of collisions and near-misses on the tarmac...
Posted: Jun 02, 2024
When it comes to understanding why auto rates are up, I feel fairly knowledgeable. After all I spend my working life reviewing and reporting on the property/casualty insurance world, so I hear the industry explain again and again why personal …
Posted: Jun 02, 2024
Loss severity for many U.S. casualty lines of insurance business has exceeded economic inflation over the past decade, indicating other factors are influencing claims costs for indemnity and expense payments, according to a new AM Best report. Accord...
Posted: Jun 02, 2024
The quest for transparency in compensation has become a paramount concern for both employers and employees alike. About one-fifth of U.S. employees are covered by compensation transparency laws, and many companies without requirements are opting for...
Posted: Jun 02, 2024
I remember watching Michael Crighton’s “Westworld” in 1973. Two vivid impressions from that experience remain. The first was my date breaking my glasses when she screamed and threw her arms open during a startling scene. The second...
Posted: Jun 02, 2024
By Juan A. Lozano The one remaining wrongful death lawsuit filed after 10 people were killed during a deadly crowd crush at the 2021 Astroworld music festival has been set for trial in civil court in September, a judge ruled. …
Posted: Jun 02, 2024
By Will Rabb Cracked steel columns are not “property damage,” but are building products that are not covered by a contractor’s general liability policy, the U.S. 7th Circuit Court of Appeals decided in an opinion that lets St. Paul...
Posted: Jun 02, 2024
Marsh McLennan Agency, a subsidiary of Marsh, said it has a definitive agreement to acquire one of the largest agencies in the Southeast–Fisher Brown Bottrell Insurance Inc. Marsh McLennan Agency will pay $316 million in cash, subject to customary pu...
Posted: Jun 02, 2024
Current and former leaders with Florida property insurers have had some strong reactions to state regulators’ recent efforts to oust company executives who previously helmed now-insolvent carriers. Some have called the unprecedented regulatory...
Posted: Jun 02, 2024
A popular country music venue in Greenville, South Carolina, has closed its doors after almost 30 years, citing the cost of liquor liability insurance in the state. The Blind Horse Saloon, known for hosting some well-known artists through the years &...
Posted: Jun 02, 2024
Multiple computer models from forecasting organizations across the globe have predicted a very active hurricane season starting next month, spelling trouble for much of the coastal Southeastern tates. The models are probably going to be proven correc...
Posted: Jun 02, 2024
The Florida Association of Insurance Agents, the largest agent group in the state, this spring took the unprecedented step of investing in a startup insurance carrier, a move designed to help keep agents in the game and bring more capacity …
Posted: Jun 02, 2024
National Zurich North America, headquartered in Schaumburg, Illinois, named Kara Higginbotham head of professional liability and cyber for U.S. national accounts, leading a team of underwriters who serve Zurich’s largest U.S. corporate and midd...
Posted: Jun 02, 2024
The aim is to create a digital personal assistant for every insurance sales agent, leveraging AI technologies such as large models.
Posted: Jun 02, 2024
The workbench is designed to help underwriters manage the lifecycle of insurance submissions, pre-and-post bind.
Posted: Jun 02, 2024
Best claim reporting practices for your small commercial clients.
Posted: Jun 02, 2024
The ‘90s have officially achieved classic status.
Posted: Jun 02, 2024
For hosts of Airbnb and Vrbo properties, there are options that an independent insurance agent can offer, as well as numerous tips agents should relay to their clients to avoid a claim.
Posted: Jun 02, 2024
For hosts of Airbnb and Vrbo properties, there are options that an independent insurance agent can offer, as well as numerous tips agents should relay to their clients to avoid a claim.
Posted: Jun 02, 2024
The Neptune excess flood policy provides coverage above the maximum limit available through the National Flood Insurance Program (NFIP), allowing customers to keep their NFIP policy if they have yet to reach their market rate.
Posted: Jun 02, 2024
The Neptune excess flood policy provides coverage above the maximum limit available through the National Flood Insurance Program (NFIP), allowing customers to keep their NFIP policy if they have yet to reach their market rate.
Posted: Jun 02, 2024
Although commercial property insurance typically covers fire damage, the unique risks posed by lithium-ion batteries can often necessitate additional policy endorsements.
Posted: Jun 02, 2024
Although commercial property insurance typically covers fire damage, the unique risks posed by lithium-ion batteries can often necessitate additional policy endorsements.
Posted: Jun 02, 2024
Nationwide Pet Shedding 100,000 Policies The leading pet insurer in the U.S. said it is droppi...
Posted: Jun 02, 2024
AIG Drops Claims Against Former Execs Who Started E&S Insurer D...
Posted: Jun 02, 2024
Signals ‘Promising’ for Florida Reforms’ Impact, Reinsurance Still a Drag Analysts with th...
Posted: Jun 02, 2024
Company now offers workers’ compensation insurance in 22 States.
Posted: Jun 02, 2024
Recently JLR issued a press release updating their efforts to strengthen insurance offerings for their UK clients.
Posted: Jun 02, 2024