Gallagher Denied Restraining Order Against Alliant August 11, 2022 By Chad Hemenway District Court Judge Martha M. Pacold has denied Arthur J. Gallagher’s request for a temporary restraining order against rival Alliant...
Dissatisfied Claimants Put Carriers at Risk of Losing $170B in Premiums: Accenture August 11, 2022 A research report published last week found that one-third of claimants were not fully satisfied with their most recent insurance...
AM Best Revises Mid-Hudson Group Outlooks to Negative, Affirms Ratings August 11, 2022 AM Best has revised the outlooks to negative from stable while affirming the Financial Strength Rating of A- (Excellent) and...
Cyber Insurance Gap Growing: Survey Report August 11, 2022 According to a survey report released yesterday, not only are most North American businesses still not buying cyber insurance, but...
Providence Police Seek to Fire Officer After Video Shows Excess Force August 11, 2022 A Rhode Island police department is seeking to fire an officer after video showed him smashing a handcuffed man’s face...
Jury Acquits Truck Driver in 2019 New Hampshire Crash That Killed 7 Motorcyclists August 11, 2022 By Holly Ramer A jury on Tuesday acquitted a commercial truck driver of causing the deaths of seven motorcyclists in a horrific head-on...
Update: Zurich Reports 25% Increase in H1 Operating Profit, Beating Expectations August 11, 2022 By Maria Sheahan and Carolyn Cohn Zurich Insurance Group reported a better-than-expected 25% rise in operating profit in the first half on strong performance across the...
Iowa Metal Manufacturer Settles $500,000 False Claims Act Lawsuit August 11, 2022 By David Pitt A southwest Iowa company that makes metal castings used by military contractors in helicopters and other equipment has reached a...
UK’s Aviva Gives Lower-Paid Staff £1,000 to Help Pay Soaring Energy Bills August 11, 2022 By Will Louch and Dani Burger UK insurer Aviva Plc is the latest financial firm to give some of its staff a one-time payment to help...
BHSI Hires Kammermann for Exec & Professional Lines in Switzerland; Apollo Taps Beazley’s Foster as Head of Property; MGA Aqueous Hires Hall as Development U/W August 11, 2022 This edition of International People Moves details appointments at Berkshire Hathaway Specialty Insurance, Apollo Syndicate Management, and specialist MGA Aqueous...