Wait ‘Til 2025: The Hartford Won’t See Auto Profit Next Year September 12, 2023 By Susanne Sclafane Even after putting through 20% rate hikes over the course of this year, The Hartford needs another round of similar...
Hawaii Volcano Kilauea Erupts After Nearly Two Months of Quiet September 12, 2023 Kilauea, one of the most active volcanoes in the world, began erupting Sunday after a two-month pause, displaying glowing lava...
Markets/Coverages: US Cyber Industry Loss Index Launched by Perils, CyberAcuView September 12, 2023 A U.S.-focused Cyber Industry Loss Index has been launched by Zurich-based Perils and CyberAcuView, an independent U.S.-based organization formed by...
Central Massachusetts Experiencing Severe Flash Flooding September 12, 2023 The central Massachusetts city of Leominster and other nearby communities are dealing with severe flash flooding from excessive rainfall. A...
Extreme Heat Threatens Global Fuel Security September 12, 2023 By Serene Cheong, Sharon Cho and Yongchang Chin Searing temperatures from Texas to Tokyo over the summer are the latest reminder of a growing headache for the energy...
Property Owners Win Key Ruling Against State of Michigan Over 2020 Dam Failure September 12, 2023 By Ed White DETROIT (AP) – Property owners seeking to hold the state of Michigan responsible for the disastrous failure of a dam...
Judge in $6 Billion 3M Settlement Issues Order to Stop Litigation Funding September 12, 2023 By Chad Hemenway A federal judge has barred attorneys and claimants involved in 3M’s $6 billion settlement with U.S. military servicemembers from any...
First-Half P/C Underwriting Loss Just $2B Shy of Loss for All of 2022 September 12, 2023 The total net underwriting loss of $24.5 billion for the U.S. property/casualty industry after the first six months of 2023...
China Relaxes Rules for Insurers to Invest in Stock Markets September 12, 2023 China’s financial regulator on Sunday reduced the risk weighting it attaches to insurance companies’ holdings of blue-chip shares and tech...
What’s Brewing – Coffee, Convo, and Insurance with Bill Cunningham September 12, 2023 By IAT Insurance Group This post is part of a series sponsored by IAT Insurance Group. Bobbie Goldie interviews Bill Cunningham on insurance trends,...