Swiss Re Corporate Solutions announced it has filed an application with regulators to establish a new Canadian branch of North American Specialty Insurance Co. (NAS) and transfer operations to that branch, including new and renewal business, from its existing Westport …
Nigeria alleged JPMorgan Chase & Co. ignored “overwhelming” evidence of fraud and stark warnings from its own compliance staff as it kicked off a London trial over transfers to a former oil minister accused of corruption. JPMorgan acted negligently in …
Rede D’or said on Wednesday it has agreed to acquire insurer SulAmerica Seguros in a 13 billion-real ($2.6 billion) deal combining Brazil’s largest hospital network with one of the country’s major independent insurance companies. The purchase extends a trend for …
Ukraine closed its airspace to civilian flights on Thursday after Russia launched a land, sea and air invasion of its neighbor, while Europe’s aviation regulator warned about hazards to flying in bordering regions. Moldova, southwest of Ukraine, also closed its …
Indonesia’s peatlands, California’s forests, and, now, vast swathes of Argentine wetland have all been ravaged by extreme wildfires, heralding a fiery future and the dire need to prevent it. With climate change triggering droughts and farmers clearing forests, the number …
The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of an actuarial analysis that concludes the phenomenon added more than $20 billion to the cost of commercial auto claims over …
The Florida House of Representatives’ Commerce Committee passed no fewer than five bills Wednesday that could affect property and casualty insurance, from allowing surplus lines carriers to be based in Florida, to encouraging more take-outs of Citizens Property Insurance policies. …
A lawyer’s email and voice mail were enough to settle a claim dispute and bar further litigation, despite a petitioner’s contention that thousands of dollars in damages were left unrepaired, the West Virginia Supreme Court said in siding with Allstate …
A Florida Senate committee wasted little time Wednesday in approving a bill that would require more frequent inspections of condominiums statewide – one of the first pieces of legislation to come out of the rubble of the collapsed Champlain Towers …
A lawyer for a woman who accused former President Donald Trump of raping her in the mid-1990s and then filed a defamation lawsuit against him said o Tuesday that she will not seek to depose Trump prior to trial because …
