Daily news and analysis on insurance industry trends, regulations, and market insights
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
Reinsurers are increasingly looking to specialty lines such as construction and engineering, credit and surety and structured solutions for growth as property catastrophe rates continue to soften, Rei
Sedgwick has launched a US carrier and captive solutions practice providing claims administration and other services to insurers, captives, risk retention groups, and managing general agents and under
U.K.-based Beazley plc has expanded its cyber insurance offering to cover risks businesses may face from deploying their own artificial intelligence systems, including financial, operational and regul
Why offshore energy renewals need a split strategy
A bigger fleet, higher vessel values and a weaker dollar are inflating premium figures without a single rate increase
Hunt Forest Products, L.L.C., a Ruston, Louisiana-based wood products manufacturing company, violated federal law when it terminated a laborer’s employment after learning he had a seizure while
Nearly nine in 10 organisations now use AI in at least one business function. Most haven't built the governance to match
Liberty Mutual Insurance on Thursday named former Miller executive Shaun Sinniah head of capital solutions for its global risk solutions division, effective Sept. 28.
The Cardiff-based insurer says the cuts are about efficiency, not AI. It is the latest in a run of UK insurers shrinking headcount as motor margins tighten
A referral may say, “Conduct two days of surveillance,” “Locate and interview the witness,” or “Complete a social media investigation.” Those instructions identify
Court rules the clock doesn't start until the lender demands payment
It's the latest step in a rollout CFC first announced in June
It's PIB's second US move in under two years
A south Florida woman died after eating frozen blueberries that were later the subject of a recall, the woman’s husband alleges in a lawsuit naming Publix supermarkets and a food distributor. Ri
A trial judge moved the case for convenience - the appeals court said the law doesn't allow it
Beazley has launched two AI-related endorsements for its cyber and tech E&O policies, designed to help businesses manage AI risks within their own operations. According to Beazley, the first endor
Sedgwick on Thursday launched a carrier and captive solutions practice providing claims administration and other services to insurers, captives, risk retention groups and managing general agents and u
Companies must prepare for successful attacks on critical power infrastructure as both physical and cyber threats continue to increase, the CEO of E.ON, Europe’s largest operator of energy grids
Retention rules are keeping more insurance business in domestic markets, changing how UK brokers place international risks
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