Microsoft Offers to Help Politicians Crack Down on Deepfakes November 8, 2023 By Margi Murphy Microsoft Corp. is offering US politicians and campaign groups a tool aimed at helping fight the rise of deepfakes ahead...
Update: James River to Exit Reinsurance, Agreeing to Sell JRG Re to Fleming for $277M November 8, 2023 James River Group Holdings Ltd. announced it has entered into a definitive agreement to sell JRG Reinsurance Co. Ltd., its...
Average Premiums Keep Rising for Most Commercial Lines: IVANS November 8, 2023 Ivan’s Index for the third quarter found the average premium renewal rate increased for all major commercial lines of business...
Insurers Review Middle East Events Policies After War Leads to Cancellations November 8, 2023 By Carolyn Cohn and Noor Zainab Hussain Some insurers are excluding Israel, Lebanon and other Middle Eastern countries from their event cancellation policies after the Israel-Hamas war...
Catalytic Converter Thefts Down by Half as Precious Metal Prices Drop November 8, 2023 By Jim Sams The number of insurance claims filed for catalytic converter thefts plummeted this year after rising dramatically in 2021 and 2022....
China’s Ping An Sold Stake in Country Garden, Has No Plans to Buy the Troubled Firm November 8, 2023 By Bloomberg News Ping An Insurance (Group) Co. said it doesn’t hold any shares in Country Garden Holdings Co. and has no plans...
Gallagher to Buy Evans Bank Insurance Operations in Western New York for $40 Million November 8, 2023 Western New York’s Evans Bancorp, Inc. has agreed to sell its insurance agency operation, The Evans Agency, to global insurance...
Greenlight Re Names TransRe’s Richardson as CEO to Succeed Burton November 8, 2023 Greenlight Capital Re Ltd., the Cayman Islands-based multiline property/casualty insurer and reinsurer, announced that Simon Burton, the company’s chief executive...
Devastated California Town Struggles to Rebuild Amid High Home Insurance Costs November 8, 2023 By Janie Har Heidi Lange was among the first to rebuild after the deadliest wildfire in California history destroyed her home in 2018...
‘Black Panther’ Stuntman Mourned After Georgia Crash that Killed Him and Children November 8, 2023 A stuntman in “Black Panther” and “Avengers” movies was remembered by loved ones after he and three of his children...