Daily news and analysis on insurance industry trends, regulations, and market insights
The average total incurred for professional liability claims involving physical therapy professionals rose 20.3% to $162,174, a new report shows. Healthcare Providers Service Organization and CNA rele
Europe’s national insurance regulators have been directed to closely monitor challenges and risks raised by private-equity-backed insurers and reinsurers. Publishing a supervisory statement, EU insura
Aflac research finds bereavement responsibilities are hitting workplace productivity, creating a stronger case for legacy planning support
They include a new chief scientist and a new public sector divisional president
Half of risk managers struggle to co-ordinate teams and policies when risks hit together
The bank moved $14M out of two reinsurance trusts in a single day. Nobody told the insurers
Google was accused of overcharging Android app developers for over a decade, leading to inflated prices on the Play Store for about 20 million UK customers. The US giant’s 30% levy for digital p
The two passengers aboard an air ambulance that crashed in the waters off Massachusetts over the weekend while flying from Bermuda to Boston were identified Monday as a mother from Bermuda and her son
The National Flood Insurance Program is once again set to expire in two months. Early last month, NFIP’s authority to operate was renewed when the president signed legislation passed by Congress
Anthropic is expanding a program that allows vetted cybersecurity professionals to test its most powerful AI models with fewer safeguards, after its Project Glasswing initiative helped uncover more th
Insurance coverage specialist Scott Schechter has been appointed as a partner at international law firm RPC, based in New York, as part of the development of a dedicated New York-based insurance team.
Sanlam Ltd.’s $1.2 billion bid to take full ownership of Santam Ltd. will give Africa’s top insurer more freedom to deploy capital across the continent, India and the Lloyd’s of Lond
An unidentified projectile struck a Greek-flagged liquid natural gas carrier leaving the Strait of Hormuz on Sunday, just as LNG transit through the waterway begins to recover, Hellenic Shipping News
Dan Reynolds, the editor in chief of Risk & Insurance®, recently caught up with Mike Zollenberg, Vice President, Network Management and Strategy, HCS Network Solutions, By MedRisk. What follows is
A new MGA offering primary general liability and excess liability coverage has been launched by Amwins. The MGA, illumin Specialty, will offer casualty solutions for hard-to-place risks, distributed e
A workers’ compensation claim from a New York construction site sat on a judge’s calendar for nearly a year before anyone thought to move it forward or even realized it had stalled. By the
No, Florida-domiciled property insurance carrier Security First Insurance is not going into the auto coverage business. But it is offering a small bundling discount for homeowners who go through the s
News breaking of multiple hits in waters London underwriters listed as high risk only last month
British firm Clear Group (Holdings) Ltd. has acquired London-based Commercial Risks (U.K.) Ltd. and its managing general agent, Troon Underwriting Ltd., Reinsurance News reported. Commercial Risks spe
The largest US agency alliance now owns a retail agency, a wholesaler and an MGA, giving its 5,200 member agencies a direct route to specialty products
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