Chaucer backs Lloyd's cargo programme targeting strategic theft
Indemni's Lloyd's coverholder launch links driver verification to cover as US cargo theft losses double
Insurance News
Delaware high court rejects worker’s dental comp claim
The Delaware Supreme Court upheld the denial of workers compensation benefits to a worker who sought coverage for dental problems that developed more than a decade after he was struck in the head by a
ASOS Plc Shares Slump After App Users Receive Hack Notification
ASOS Plc shares slumped the most in a year after users of its shopping app received a notification indicating its systems were hacked. The notification, seen by Bloomberg and widely reported on social
Ship sunk, crew missing after drone strike inside NATO member's economic zone
News breaking of multiple hits in waters London underwriters listed as high risk only last month
Chaucer backs Lloyd's cargo program targeting strategic theft
Indemni's coverholder launch ties driver verification to cover as fraud-led losses double
Autonomous vehicle insurers fear nuclear verdicts despite safer roads
Lower injury rates may not curb robotaxi liability losses in US courts, warns leading underwriter
People Moves: Alchemy Names Peck President, Personal Lines, West; Ring Joins Leavitt United Insurance Services as SVP
Alchemy Insurance Solutions Names Peck President, Personal Lines, West Alchemy Insurance Solutions LLC named Michael Peck president, personal lines, Western region. Peck will lead Alchemy’s unde
People Moves: Hartford Names Smith as International Head of Distribution in UK; Augment Risk Taps Haynes From Carpenter for MGA Practice
This edition of International People Moves details appointments at the insurer Hartford International and the London broker Augment Risk. A summary of these new hires follows here. Hartford Names Smit
Auto insurer sues medical network over alleged $9.8M no-fault fraud scheme
Same doctor network. Four insurers suing. And 2,515 claims with a suspicious pattern
Clear Group buys wholesale broker Commercial Risks and MGA
Deal for the seven-strong London broker is Clear's second wholesale buy in six weeks
Starbucks sued over ‘sugar-free’ claims for protein beverages
(Reuters) – Starbucks has been sued by consumers who said the coffee chain falsely advertised eight protein beverages as “sugar-free” because they contain lactose, a naturally occurr
Korea Orders Security Checks After Finance-Sector Data Leaks
South Korean regulators urged financial institutions to promptly complete internal security inspections and report the results to authorities after a series of cyberattacks led to personal data breach
Buyers increase cyber and BI cover as market softens, finds Ferma poll
Buyers are taking advantage of soft market conditions to purchase more insurance, especially for complex risks such as cyber and business interruption, according to a Ferma survey. Some 41% of respond
HDI Global expands medical malpractice into global healthcare unit
New unit targets healthcare providers, allied health, and long-term care as capacity tightens
Bajaj Finserv plans reinsurance entry
India-based Bajaj Finserv Ltd. reportedly plans to launch its reinsurance business by April 2027 and tap N Ramaswamy Narayanan, former chairman and managing director of General Insurance Corporation o
General medical-surgical units drive most inpatient diagnostic error claims — Coverys
Diagnostic errors made up 28% of Coverys' closed claims but 43% of indemnity paid, with hospitalists and general wards the biggest sources of inpatient risk.
L’Oreal Explores Unloading Chemical-Related Liabilities, WSJ Reports
L’Oreal has engaged restructuring advisers to explore options for rising US legal liabilities linked to its use of talc and other chemical ingredients in some of its cosmetic products, the Wall
Most homeowners can't explain what their policy covers
A new Hippo report reveals that policy illiteracy - not bad weather - is the costlier problem
Amwins launches MGA for complex liability risks
Amwins on Tuesday launched illumin Specialty, a managing general agency offering primary general liability and excess liability coverage for complex risks. The MGA will offer nonadmitted coverage for
Why insurers don't fully trust AI yet
Everybody's using it - but not everyone believes in it
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