Liberty Mutual Insurance announced strategic updates in its ongoing restructuring of Global Risk Solutions (GRS), the company’s global commercial and specialty re/insurer and international insu...
https://www.insurancejournal.com/news/international/2024/04/19/770726.htm
Plans by Britain’s financial regulator to require firms to set targets for improving diversity could be counterproductive, UK business and women minister Kemi Badenoch said on Thursday. The Fin...
https://www.insurancejournal.com/news/international/2024/04/19/770722.htm
Reflecting on one of the trends that surfaced as property/casualty insurers announced 2023 financial results recently, AM Best expects reserve strengthening for accident years 2015-2019 to contin...
https://www.insurancejournal.com/news/national/2024/04/19/770428.htm
With its personal lines business benefiting from the impact of rate increases earning into the book, and the commercial lines insurance premium changes staying in double-digits, Travelers reporte...
https://www.insurancejournal.com/news/national/2024/04/19/770672.htm
Tampa-based Slide Insurance has named former Farmers Insurance vice president Charles “Chas” Powell to be senior vice president of sales. Powell has more than 20 years in the industry and beg...
https://www.insurancejournal.com/news/southeast/2024/04/19/770700.htm
A federal appeals court has sided with three chiropractors in ruling that claims under New Jersey’s personal injury protection statute concerning insurance fraud are subject to arbitration. GEI...
https://www.insurancejournal.com/news/east/2024/04/19/770615.htm
Pennsylvania utility regulators must turn over inspection records to the National Transportation Safety Board as part of the federal agency’s probe into a fatal explosion at a chocolate factory...
https://www.insurancejournal.com/news/east/2024/04/19/770675.htm
Developers, suppliers, and users of artificial intelligence must comply with existing state consumer protection, anti-discrimination, and data privacy laws, the Massachusetts attorney general cau...
https://www.insurancejournal.com/news/east/2024/04/19/770531.htm
Risk Strategies named Bryan Newman private client services leader for the West region. He will manage the region’s sales and service teams and key carrier and third-party relationships. Newman ...
https://www.insurancejournal.com/news/west/2024/04/19/768649.htm
Several lawsuits in California were filed again Ovation Fertility, a large network of fertility clinics, were filed by former patients whose embryos were destroyed due to a reported critical erro...
https://www.insurancejournal.com/news/west/2024/04/19/770669.htm
California’s already strained property insurance market is facing a new challenge as two more insurers, Tokio Marine America Insurance Co. and Trans Pacific Insurance Co., plan to withdraw from...
https://www.insurancejournal.com/news/west/2024/04/18/770680.htm
Marsh McLennan reported a better-than-expected quarterly profit on Thursday, helped by an increase in interest income the insurance brokerage earned from funds held on behalf of clients. The comp...
https://www.insurancejournal.com/news/national/2024/04/18/770658.htm
CFC, the London-based specialist insurer, announced it has agreed to acquire Australian managing general agent, Solution Underwriting. Financial details of the deal, which is expected to complete...
https://www.insurancejournal.com/news/international/2024/04/18/770647.htm
The world’s leading group of asset owners committed to turning their investment portfolios green said on Thursday it had set guidance for private assets for the first time and would also look t...
https://www.insurancejournal.com/news/international/2024/04/18/770639.htm
Arthur J. Gallagher & Co. announced the acquisition of Metairie, Louisiana-based Fontenelle & Goodreau Insurance, LLC. Terms of the transaction were not disclosed. Fontenelle & Goodreau Insurance...
https://www.insurancejournal.com/news/southcentral/2024/04/18/770632.htm
The Texas Department of Insurance, Division of Workers’ Compensation (DWC) announced this week that it has adopted amendments the 28 Texas Administrative Code concerning certain submission requ...
https://www.insurancejournal.com/news/southcentral/2024/04/18/770629.htm
McGill Hires Milne and Cabot to US Property Team McGill and Partners, headquartered in London, appointed Duncan Milne and Cabot Lyman as partners to the firm’s U.S. property team. Milne joins t...
https://www.insurancejournal.com/news/national/2024/04/18/769949.htm
Global insured losses from natural catastrophes in the first quarter were estimated at $20 billion, with US claims accounting for more than $15 billion, or 75%, of the Q1 total, according to a Ga...
https://www.insurancejournal.com/news/international/2024/04/18/770612.htm
Few people in Florida and California will be surprises to hear that the majority of homeowners in those states have been affected by rising property insurance costs. A survey by Redfin, a U.S. re...
https://www.insurancejournal.com/news/southeast/2024/04/18/770608.htm
JACKSON, Miss. (AP) — Civil rights attorney Ben Crump demanded Tuesday that police in a small town in Mississippi release camera footage of a chase that ended in the death of a Black teenager, ...
https://www.insurancejournal.com/news/southeast/2024/04/18/770603.htm
RALEIGH, N.C. (AP) — North Carolina Gov. Roy Cooper’s orders during the COVID-19 pandemic that directed standalone bars to remain shuttered for safety while restaurants that serve alcohol got...
https://www.insurancejournal.com/news/southeast/2024/04/18/770596.htm
LEWISBERRY, Pa. (AP) — Three construction workers on a maintenance project along a Pennsylvania interstate were struck and killed by a truck early Wednesday, state police said. Investigators sa...
https://www.insurancejournal.com/news/east/2024/04/18/770594.htm
New York Attorney General Letitia James announced an agreement with the Roman Catholic Diocese of Brooklyn to address years of reported mismanaging clergy sexual abuse cases. According to the Off...
https://www.insurancejournal.com/news/east/2024/04/18/770578.htm
A drought driven by the El Nino weather pattern is likely to trigger insurance payouts to four southern African countries who took out cover with an agency of the African Union. Malawi, Zambia, Z...
https://www.insurancejournal.com/news/international/2024/04/18/770572.htm
United Airlines will receive compensation from planemaker Boeing for financial damages incurred in the first quarter due to the grounding of 737 MAX 9 aircraft, the carrier said on Wednesday. U.S...
https://www.insurancejournal.com/news/national/2024/04/18/770567.htm
Alphabet Inc.’s Google has fired 28 employees after they were involved in protests against Project Nimbus, a $1.2 billion joint contract with Amazon.com Inc. to provide the Israeli government w...
https://www.insurancejournal.com/news/national/2024/04/18/770563.htm
Nord Stream’s insurers have denied that their policies provide cover for gas pipelines damaged by blasts in 2022 because the damage was caused by war, in their written defense to a lawsuit file...
https://www.insurancejournal.com/news/international/2024/04/18/770558.htm
MADISON, Wis . (AP) — Wisconsin Republicans on Tuesday ignored the latest call from Democratic Gov. Tony Evers to spend $125 million to combat so-called forever chemicals, leading Evers to say ...
https://www.insurancejournal.com/news/midwest/2024/04/18/770476.htm
DES MOINES, Iowa (AP) — Stung by paying billions of dollars for settlements and trials, chemical giant Bayer has been lobbying lawmakers in three states to pass bills providing it a legal shiel...
https://www.insurancejournal.com/news/midwest/2024/04/18/770473.htm
Climate change will inflict losses to the global economy worth an annual $38 trillion by 2049, as extreme weather ravages agricultural yields, harms labor productivity and destroys infrastructure...
https://www.insurancejournal.com/news/international/2024/04/18/770543.htm