Daily news and analysis on insurance industry trends, regulations, and market insights
A German court has ruled that a finance executive is personally liable for €50m in losses after he fell victim to CEO fraud, despite the firm’s insurance for directors and officers liability. Accordin
I had a conversation the other day that brought an Idaho Supreme Court decision from 2022 to my attention. If you’re interested, it’s Pena v. Viking Insurance Company of Wisconsin. This is
Specialty (re)insurer Ascot Group has announced a number of appointments to its senior leadership, in moves that it said will position it for the next phase of growth. Mark Pepper has been named as pr
Sedgwick claims specialist warns that tenant agreements and insurance programs do not always assign losses the same way
They include a new group chief claims officer and a new E&S property head
AM Best flags credit risk as fronting carriers lean on unauthorized and offshore reinsurance to support MGA growth
U.K.-based Howden Re has established an office in Copenhagen, Denmark, and named Jens Ellborg as managing director, effective Nov. 1, Reinsurance News reported. The move is part of the reinsurance bro
Connecticut’s insurance regulator is weighing whether to approve a workers’ compensation industry proposal for an overall average decrease of 4.9% to the current voluntary loss costs and a
A federal jury in West Virginia said a Chubb unit must pay $30m in a long-running insurance dispute over a collapsed coal silo, including $2.5m for “aggravation and inconvenience”. The verdict in Rama
Moonshot stayed silent for six weeks after a jailbreak warning, raising questions about AI safety controls that cyber and tech E&O wordings have yet to answer
A US appeals court on Tuesday upheld a ruling for information services company Thomson Reuters in its copyright dispute with former legal-research rival Ross Intelligence over Ross’ alleged misu
Claims Remain Rare but Frequency Has Grown, With Wide Variation by State, Industry and Worker Demographics, According to the Workers Compensation Research Institute The post Mental Health Workers̵
Remnants of Hurricane Polo are set to fuel a widespread flood threat across the US from the Southwest to the Midwest in coming days. Heavy rain from the storm has already caused flash flooding in part
Almost half of insurance executives put their firms in the top quartile for AI, yet no carrier surveyed has fully redesigned sales, distribution or underwriting
New carrier withdrawals, a subsidy rule change and a rising out-of-pocket cap add to what brokers must cover before November 1
‘Work from home is essentially done,’ says expert – but not for collaboration and productivity reasons
Solstice Advanced Materials, the corporate owner of a nuclear fuel facility at the heart of President Donald Trump’s push for a nuclear renaissance, has agreed to pay $80 million to settle claim
Arlington/Roe's Jennie Carr on why fragmentation, not resistance, slows wholesale broking
The Diocese of Buffalo, New York, has reached a settlement in which insurers will contribute $177 million to a fund to compensate victims of clergy sexual abuse. The insurers’ contribution is in
Amynta's Anthony Slimowicz says the MGA edge lies in judgment, not just data or platforms
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