Auto Policyholders’ Claims Satisfaction Wanes: J.D. Power October 27, 2022 By Chad Hemenway Well documented are the pains insurers are facing while trying to keep up with rising claims frequency and severity in...
Aegon to Merge Dutch Arm With Insurer ASR Nederland in $4.9 Billion Deal October 27, 2022 Aegon NV is combining its operations in the Netherlands with insurer ASR Nederland NV, in a bid for market dominance...
Credit Suisse Makes $180M Provision for Major Litigation Costs October 27, 2022 By Hugo Miller and Jeremy Hodges Credit Suisse Group AG has made a 178 million Swiss francs ($180 million) provision for major litigation costs in the...
People Moves: Argenta Taps AXIS Re’s Haynes as Marine XoL U/W; Fusion Names Senior Hires in Singapore, Hong Kong; BMS Appoints Tesei for European Energy Reinsurance October 27, 2022 This edition of International People Moves details appointments at Argenta Syndicate Management Ltd. (ASML), Fusion and BMS Group. A summary...
Colorado-Based Emergency Transport Companies Sued for Religious, Disability Discrimination October 27, 2022 Emergency transport companies Global Medical Response, Inc. (“GMR”), American Medical Response, Inc. (“AMR”), and AMR’s subsidiaries located in Greenwood Village,...
Global Insurance Rates Continue Rising at Slower Levels; Cyber Outpaces Other Lines October 27, 2022 Global insurance pricing continued to rise, although at a slower pace, during the third quarter, which saw commercial insurance premiums...
Mechanical Issue May Have Caused Deadly Seaplane Crash Off Washington Island October 27, 2022 SEATTLE (AP) – A mechanical issue may have caused the seaplane crash that killed 10 people off an island in...
South African Economic Hub May Be Terror Target, U.S. Warns October 27, 2022 By Renee Bonorchis One of South Africa’s richest suburbs may be the target of a terrorist attack this weekend, according to an alert...
Southern California School District Ordered to Pay $45M in Abuse Case October 27, 2022 LOS ANGELES (AP) – A jury ordered Southern California’s Santa Monica-Malibu Unified School District to pay $45 million to the...
No Reports of Damage From 5.1 Quake Strike in San Francisco Bay Area October 27, 2022 SAN FRANCISCO (AP) – A magnitude 5.1 earthquake rattled the San Francisco Bay Area on Tuesday, causing delays of some...