Court of Appeal examines whether D&O must keep paying Petrofac defendants before trial
The answer will set a precedent that applies to every D&O policy where a director faces criminal proceedings
Insurance News
Higher deductibles meet record-low financial security as workers skip care, WTW finds
Employers plan to shift more costs to staff in 2027, but a third of workers are already putting off medical appointments because of money worries
UK flood risk is rising and Flood Re was not designed for this climate
The government's new extreme weather taskforce includes insurers for a reason - the coverage framework needs updating, not just the flood defences
Tokio Marine HCC Promotes Mark Hutton to Chief Underwriting Officer and Global Head of Crisis Management
Tokio Marine HCC – Specialty Group has promoted Mark Hutton to chief underwriting officer and global head of crisis management, effective immediately. He continues reporting to Philip Hall, managing d
IMF and World Bank launch Bangkok Blueprint to tackle cyber fraud
The International Monetary Fund (IMF) and the World Bank Group (WBG) have released the Bangkok Blueprint, a high-level framework developed in coordination with the Bank of Thailand that aims to help c
Specialist Risk Group expands into Western Australia
U.K.-headquartered Specialist Risk Group Ltd. is continuing its national expansion in Australia with a new office in Perth, Insurance News reported. The office will serve Western Australia’s energy, c
AI takes centre stage at Parima as Singapore announces AI resilience plans
The rise of AI was clearly a big topic during the Parima conference in Singapore. On the first day of the event, the national Infocomm Media Development Authority (IMDA) announced three new initiative
Only 30% of drivers very confident swapping details after a crash
LexisNexis research points to data gaps at first notice of loss, and little patience for slower repairs
AI won't sink A&E firms. Poor governance will
The professional seal requirement keeps human accountability at the center of every design decision. The firms that build governance around that fact - and communicate it clearly to clients - turn a p
Financial strain squeezes healthier US workers
WTW survey finds money worries are rising as health, stress and isolation scores improve
Alabama high court upholds airline’s liability for comp retaliation
The Alabama Supreme Court on Friday upheld a finding that Envoy Air fired an injured employee in retaliation for filing a workers compensation claim but ordered further explanation of the trial court’
Three in four mid-market leaders don’t fully understand their insurance, HUB survey finds
More firms have formal risk programs, but confidence is falling and no single risk dominates planning for 2027
Insurance moves: Chubb, Tokio Marine and ICW Group
They include a new global crisis management head and a new head of ceded reinsurance and enterprise risk management
OneShield Names Terry Brown Chief Insurance Officer
OneShield, which provides core systems and an A.I. platform for property and casualty insurers and MGAs, has appointed Terry Brown as chief insurance officer, a newly created role. “Having spent
TDI Unveils Transparency Tool Showing Why Auto Policies are Declined
The Texas Department of Insurance (TDI) has introduced a tool that gives drivers insight into why personal auto insurance policies in their area were declined, canceled, or not renewed. The page also
NTSB Investigating Plane Crash in Wisconsin That Killed 6
Six people, including one child, died Tuesday night in a plane crash in Wisconsin after the pilot reported that ice was building up on the wings as he flew through a thunderstorm, according to authori
Ohio AG Sues Home-Improvement Companies for Allegedly Scamming Customers
Ohio Attorney General Andy Wilson this week filed separate lawsuits against two home-improvement companies that allegedly took down payments from consumers but failed to provide the services promised
Parima warns members that haze will be a recurring “operational risk” event
As Parima members gathered for their annual conference in Singapore, the territory's population suffered under severe haze conditions and the risk from climate change was top of mind as smoke from fir
Adjuster Created Law Firm and Fake Claim to Defraud Insurer of $1M, Officials Charge
A former claims adjuster has been charged with defrauding the Pennsylvania insurer he worked for by taking payment of nearly $1 million for an accident claim under the guise that he was with a law fir
IMF Chief: AI Risks May Exceed Opportunities Without Safeguards, Ethics Framework
The risks of artificial intelligence may exceed its opportunities if no adequate safeguards and ethical framework are put in place, International Monetary Fund (IMF) chief Kristalina Georgieva said on
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