GEICO policyholder alleges insurer kept him in the dark for years
Policyholder says GEICO let a default judgment balloon while he was kept in the dark
Insurance News
Liberty Mutual hires Miller reinsurance executive
Liberty Mutual Insurance has named former Miller executive Shaun Sinniah as head of capital solutions for its global risk solutions (GRS) division, effective 28 September. London-based Sinniah was mos
Tourism index tracks countries’ readiness for disruption
Tourism is being interrupted more often by geopolitical tension, as well as economic volatility, climate risks and digital outages, according to Zurich Insurance on publishing a global index with the
Data centre risk growing and underestimated: S&P
Risks associated with data centres are not only growing, they are also underappreciated both in terms of the range of vulnerabilities and the breadth of those affected, according to a report from S
Markets/Coverages: Beazley Expands Cyber Protection for AI; Huntersure Launches Media E&O
Beazley announced new cyber cover to support businesses manage the risks arising from their own use of AI. Beazley’s latest endorsements respond to risks that can emerge when businesses deploy A
Asian construction firms urged to view insurance through wider ERM lens
Asian construction firms have been advised to view insurance as part of a holistic enterprise risk management (ERM) approach rather than simply focus on getting the lowest cost of cover. Expert speake
Beazley launches cover for AI shutdowns, regulatory penalties
Beazley adds two AI-specific endorsements covering voluntary system shutdowns and regulatory penalties, as the market works out how to price risks existing wordings were not built to define
Closing catastrophe insurance gap requires ILS to scale up: Moody’s
Catastrophe damages are climbing, and closing the insurance gap will take a mix of approaches from strengthening disaster resilience, scaling up risk transfer solutions, and combining government and p
No Surprises Act defaults may be costing self-funded employers
More than one in five arbitration rulings are decided by default, and plan sponsors rarely see why
Google steers social media coverage dispute with AIG to California
Google filed its coverage suit just 16 days before AIG went to Delaware
Record subsidence payouts and new BGS projections put UK property risk under sharper focus
New research maps where flood, shrink-swell and coastal erosion risk are concentrating, and the outlook is worsening in all three
Saudi Oil Export Strategy Hits New Hurdle as Red Sea Insurance Costs Soar
The cost of insuring an oil tanker loaded from Saudi Arabia’s main Red Sea port has tripled in recent weeks, industry sources told Reuters, adding to the major crude producer’s struggles t
NAIC targets $1.2 trillion in insurer private credit with tighter solvency rules
New checks focus on ratings, valuation and offshore reinsurance
Topical Medication Trends
Check out our newest drug trends snapshot to see what’s driving topical utilization and spend. The post Topical Medication Trends appeared first on Risk & Insurance.
Edison Pushing for Wildfire Liability Deal Before Lawmakers Depart
Electric utility Southern California Edison is urging California lawmakers to hold a special session before year-end to consider limiting utilities’ exposure to future wildfire liabilities, CEO
Insurer and contractor tag-team Kinsale, Mt. Hawley over three-year coverage standoff
A ladder fall in 2022 has sparked a coverage war that's been brewing since February 2023
Florida’s Private Railroad, Brightline, Files for Bankruptcy
Florida’s Brightline has filed for bankruptcy protection after years of lower-than-expected revenue left it unable to repay billions it borrowed to finance the Miami-to-Orlando private railroad.
Imaginary children, real HR problems
They grow up so fast. Especially when you invent them five minutes before a job interview.
Continental Re plans $156M IPO to fuel African growth
Botswana-based Continental Reinsurance Holdings plans to raise about $156.1 million through an initial public offering, including $30 million in fresh capital to expand underwriting capacity, strength
AI in underwriting and claims
Here's a look at what's next...
Follow & Subscribe
Get the latest updates on Facebook and Telegram
Follow on Facebook
Scan with your phone
Scan with your phone Join on Telegram
Scan with your phone
Scan with your phone