The story of U.S. personal lines challenges impacting the results of multiline insurers was repeated for Liberty Mutual, which reported underwriting losses and waning policy growth in the segment in 2022. President and Chief Executive Officer Tim Sweeney reported overall …
The global shipping industry is stepping up calls for the United Nations and aid groups to help evacuate hundreds of seafarers on more than 60 merchant vessels that are still stuck in Ukrainian ports a year after Russia’s invasion. In …
Consilium, the global speciality re/insurance broking business of the Aventum Group, announced the launch of a new Specialty Treaty Reinsurance division. The new treaty division will complement Consilium’s existing worldwide broking operations including its FAC division launched last month. It …
Declines in pregnancy- and childbirth-related deaths that took place over a decade and a half have stalled since 2015, as rates increased in some of the world’s wealthiest regions. Maternal mortality increased by 17% in Europe and North America from …
Chile is finalizing a deal with the World Bank for insurance against high-intensity earthquakes that would impact the country’s fiscal policy and public debt, the Finance Ministry said on Thursday. “The insurance would allow Chile to receive pre-established compensation payments, …
A U.S. train derailment that spilled toxic chemicals in an Ohio town might have been avoided if the railway company’s alarm system had given engineers an earlier warning that bearings were overheating, the chair of the National Transportation Safety Board …
After last week’s damaging cyclone, New Zealand needs to rebuild with more resilient infrastructure to cope with more frequent and intense weather events, the prime minister said Tuesday. Prime Minister Chris Hipkins has described Cyclone Gabrielle, which caused widespread damage …
This post is part of a series sponsored by IAT Insurance Group. Working in DEI means one of my main objectives is to contribute to the changes I want to see for the insurance industry overall — and for our …
A law firm that has made a multibillion-dollar business out of suing auto and liability insurers for Medicare reimbursement payments may have met its match in Florida’s notice-of-intent-to-sue requirements. A panel of the U.S. 11th Circuit Court of Appeals this …
Pennsylvania House Democrats put their freshly minted majority status to work this week in shutting down Republican efforts to make changes to legislation designed to let victims of childhood sexual abuse file otherwise outdated lawsuits. After the winners of three …
