India Pushes for $203 Billion Valuation for State-Owned Insurer in Mega IPO: Sources January 12, 2022 By Vrishti Beniwal and Suvashree Ghosh India is pushing for a valuation of about 15 trillion rupees ($203 billion) for a state-owned insurer that’s soon expected...
Efma-Accenture Innovation Awards Offer View of Insurance Industry’s Transformation January 12, 2022 By Daniele Presutti and Silvia Milián Daniele Presutti, Accenture’s Insurance lead in Europe, and Silvia Milián, Accenture’s Insurance lead for strategy and consulting in Iberia discuss...
No Need for Experts in Claims Litigation: Just Use Google Earth, Florida Bill Says January 12, 2022 By William Rabb Insurers would no longer need to hire expensive expert witnesses in some claims disputes, but could rely on Google maps...
Court Agrees Harvard Not Responsible for Legal Fees of Professor with China Ties January 12, 2022 Harvard University is not required to pay legal defense fees for a professor who was found guilty of hiding his...
Smart Guns Finally Arriving in U.S., Seeking to Shake Up Firearms Market: Reuters January 12, 2022 By Daniel Trotta Personalized smart guns, which can be fired only by verified users, may finally become available to U.S. consumers after two...
Luxury High-Rise in California Tilting 3 Inches Per Year January 12, 2022 A 58-story luxury apartment building in San Francisco continues to sink and is tilting about 3 inches per year, the...
Judge Gives Preliminary OK to Firm’s $34M ‘Forever Chemical’ Settlement in Vermont January 12, 2022 A federal judge has given preliminary approval to a $34 million settlement of a class-action lawsuit against a chemical company...
LDI Affirmed in State Farm Hurricane Barry Deductible Case January 11, 2022 A Louisiana administrative hearings panel has ruled that Insurance Commissioner Jim Donelon was justified in preventing State Farm from enforcing...
Investigations Begin Into Deadly New York City Apartment Building Fire January 11, 2022 By Michelle L. Price, Bobby Caina Calvan and David Porter Doctors raced Monday to save survivors of New York City’s deadliest fire in three decades as authorities began investigating how...
Life Insurance Corp. of India’s IPO Prospectus Could Be Filed in Final Week of January January 11, 2022 By Vrishti Beniwal, Baiju Kalesh and Suvashree Ghosh Life Insurance Corporation of India could file a prospectus in the final week of January for what would be the...