AXA Doubles 2021 Net Income to €7.29 Billion February 24, 2022 AXA reported a profit on Thursday that more than doubled from last year, with the French insurer recovering from pandemic-related...
Eye Care Network Settles $67K Disability Discrimination Suit February 24, 2022 Blue Sky Vision, L.L.C., a management services organÂization that provides support to eye care providers, will pay $67,590 and provide...
Swiss Re Corporate Solutions to Open New Canada Branch as Part of N. America Restructuring February 24, 2022 Swiss Re Corporate Solutions announced it has filed an application with regulators to establish a new Canadian branch of North...
Nigeria Accuses JPMorgan of Ignoring Red Flags for Fraud, Seeks Damages of $1.7B February 24, 2022 By Jonathan Browning Nigeria alleged JPMorgan Chase & Co. ignored “overwhelming” evidence of fraud and stark warnings from its own compliance staff as...
Brazilian Hospital Chain Rede D’or Acquires Insurer SulAmerica for $2.6 Billion February 24, 2022 By Peter Frontini Rede D’or said on Wednesday it has agreed to acquire insurer SulAmerica Seguros in a 13 billion-real ($2.6 billion) deal...
Update: Ukraine Closes Airspace to Civilian Flights as Russian Military Action Begins February 24, 2022 By Jamie Freed and Tim Hepher Ukraine closed its airspace to civilian flights on Thursday after Russia launched a land, sea and air invasion of its...
Extreme Wildfires Expected to Increase 30% by 2050 February 24, 2022 By Gloria Dickie Indonesia’s peatlands, California’s forests, and, now, vast swathes of Argentine wetland have all been ravaged by extreme wildfires, heralding a...
Actuaries: Social Inflation Increased Commercial Auto Claim Costs by $20B Over 10 Years February 24, 2022 By Jim Sams The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of...
Florida House Committee Gives Nod to Surplus, Citizens, Fraud Bills February 24, 2022 By William Rabb The Florida House of Representatives’ Commerce Committee passed no fewer than five bills Wednesday that could affect property and casualty...
West Virginia High Court Says Email from Lawyer Enough to Settle Allstate Dispute February 24, 2022 A lawyer’s email and voice mail were enough to settle a claim dispute and bar further litigation, despite a petitioner’s...