A Bermuda court on Tuesday ruled former Georgian Prime Minister Bidzina Ivanishvili and his family are due damages “substantially in excess of $500 million” from Credit Suisse’s local life insurance arm in a costly setback for the bank. The court …
Aircraft leasing firms are tallying up losses stemming from Russia’s invasion of Ukraine, according to the head of Avolon Holdings Ltd., one of the biggest players in the industry. Lessors are in dialogue with auditors “about what financial provisions should …
Rockford, IL., March 29, 2022 – Insurance King has been actively enforcing the trademarks registration numbers 4628341 and 4628343 for several years. “It all started with a person that walked in to our office and told us to stop calling …
A federal appeals court is set to hear arguments in a lawsuit filed by a Delaware prison inmate who claimed he was deprived of his constitutional rights by being placed into solitary confinement because of his mental illness. The appeals …
This post is part of a series sponsored by AgentSync. Producer management and licensing compliance isn’t the most attractive part of working in insurance. Most carriers, agencies, and MGAs are using fairly manual processes to maintain and update data for …
The Boy Scouts of America’s sexual abuse compensation fund may force insurers to make payments they can’t negotiate over, even if the claims are fraudulent, a group of the companies argued in court. Insurers, including American International Group, Liberty Mutual …
AM Best announced it has suspended all commercial activities to clients in Russia and has withdrawn all credit ratings on Russia-based re/insurance companies, subject to sanctions imposed by the European Union (EU) and in advance of the EU’s April 15, …
The Chicago City Council has voted to pay nearly $1.7 million to five people, including a Black woman who said police dragged her from a car by her hair at a shopping mall amid unrest following George Floyd’s 2020 killing. …
The Louisiana Department of Insurance (LDI) announced it has established an open-door insurance resource center in Arabi to assist those affected by the tornado that struck the area last week. Meetings will be held at Patricia Park in the Louisiana …
The U.S. Food and Drug Administration on Tuesday authorized a second booster dose of the two most commonly used COVID-19 vaccines for people age 50 and older, given data showing waning immunity and the risks posed by Omicron variants of …
