Italy Prosecutors Probe False Accounting Allegations Related to Insurer Eurovita: Source June 30, 2023 By Emilio Parodi Prosecutors in Milan are probing allegations of false accounting in relation to the crisis of Italian life insurer Eurovita, a...
Insurtech Root Says it Has No ‘Actionable’ Bid June 30, 2023 Root Inc. said Thursday that it does not currently have an actionable bid for its acquisition. Thursday’s statement was issued...
GEICO to Pay $805K to Settle Overtime Wage Disputes With Claims Adjusters June 30, 2023 Insurer GEICO has agreed to pay $805,000 total to settle class action lawsuits by claims adjusters alleging they were entitled...
Fidelis Insurance Valued at $1.5 Billion in Lukewarm Market Debut June 30, 2023 By Jaiveer Shekhawat and Echo Wang Fidelis Insurance Holdings notched a valuation of $1.5 billion on Thursday after shares of the reinsurer fell 6.4% on debut....
WHO Cancer Research Arm to Say Aspartame Sweetener a Possible Carcinogen: Sources June 30, 2023 By Jennifer Rigby and Richa Naidu One of the world’s most common artificial sweeteners is set to be declared a possible carcinogen next month by a...
French, UK Cyber Watchdogs Say Hackers-for-Hire Are Targeting Law Firms June 30, 2023 By Raphael Satter Mercenary hackers increasingly are targeting law firms in a bid to steal data that could tip the balance in legal...
IIHS: Safety Concerns for Small Pickup Rear Seated Passengers June 30, 2023 The latest crash tests by the Insurance Institute for Highway Safety reveals most small pickups fall short when it comes...
Gallagher’s June Insurance Market Report: Key Highlights and Implications for Buyers June 30, 2023 By Jahna Jacobson How does the 2023 insurance market look so far? It depends on where you stand. Property is facing its most...
Starting July 1, Florida Insurers Face New Guardrails on Force-Placed Insurance June 30, 2023 By Insurance Journal Staff Reports Starting Saturday, insurers and mortgage lenders for Florida homeowners will face some new restrictions on lender-placed insurance policies, thanks to...
People Moves: McGriff Names Ledford Strategic Growth Officer June 30, 2023 The insurance broker McGriff, part of Carolina-based Truist Insurance Holdings, has hired Rodney Ledford as strategic growth officer for its...