Daily news and analysis on insurance industry trends, regulations, and market insights
A Connecticut law that took effect this month provides teachers, health care providers and other covered employees injured in on-the-job assaults with workers compensation benefits equal to 100% of th
The auto insurer's combined ratio improved to 88.7, but investment losses weighed on earnings, and premium growth slowed to 4%
Cyber insurance analytics firm CyberCube and Asian cyber incident response company Blackpanda have unveiled a partnership to bring cyber risk analytics to brokers across Asia, pairing CyberCube’s mode
An Allianz unit must face a lawsuit over its refusal to defend cooler maker Igloo against customer class actions claiming a defective handle pinched users’ fingers, a federal judge ruled, though two o
The world’s largest broker has begun to “harvest some attrition”. Executives say the savings will fund new producers, while mid- and back-office roles shrink
The founder of a central Florida home services company, who is running for Congress this year, said the firm will inspect and replace electrical ground wires that may not meet building code, after hom
We have a strong story to tell – but we need to be better at telling it
A time-bar defence won, but the bill for fighting it reveals how much professional indemnity cover does beyond paying compensation
The man who ran strategy through Aspen's PE exit is now running an Aquiline-backed MGA
Nearly a third of claims generated defense costs without any indemnity payment
The judge in Apple Inc.’s high-stakes trade-secret theft case against OpenAI said he’s “highly likely” to grant the iPhone maker an injunction barring use of its proprietary in
Shape Underwriting’s Mandy Hunt is named deputy, setting up the first consecutive female presidents
More than 345,000 homes and businesses across California are facing potential power cuts this week during what’s expected to be a days-long onslaught of dangerous fire weather conditions. With d
They include a new regional managing director and a new group chief audit officer
The U.S. Department of Justice began a third phase of compensation for victims of Western Union fraud. An additional $3.4 million is being distributed to 1,294 victims, and the department has reopened
With the consultation closed, the open questions are capital, redomiciliation and delivery
Chubb on Thursday promoted three executives within its global claims organization. Lisa Wilson was named head of North America claims, overseeing commercial and personal lines claims and services in t
The reason is probably the number of carriers chasing the business, not better-informed clients
She filed a water damage claim. The insurer found three apartments instead
French supermarkets are facing millions of euros in losses after a cyberattack forced them to throw away food, in a crisis that is not typically covered by cyber insurance policies but could still lea
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