FWD to Buy Majority Stake in Malaysian Insurer Ahead of Planned IPO February 20, 2023 By Manuel Baigorri FWD Group Holdings Ltd., the pan-Asian insurance company owned by Hong Kong billionaire Richard Li, has agreed to buy a...
Orderly Runoff Didn’t Work; Florida’s United P&C Now Insolvent, Headed for Liquidation February 20, 2023 By William Rabb Just days after some 90,000 policies from troubled United Property & Casualty Insurance Co. were transferred to Slide Insurance as...
Washington Man Ordered to Repay $127K in Workers’ Comp Scam February 20, 2023 A Washington contractor who claimed he was too injured to work despite reportedly running his own construction company was ordered...
5 Key Takeaways From INTRCONNECT 2023 February 20, 2023 By CoreLogic This post is part of a series sponsored by CoreLogic. Explore key concepts about actions you can take to future-proof...
As Salaries Skyrocketed, Satisfaction Improved in 2022 February 20, 2023 By Andrea Wells Insurance agency personnel on average made more money in 2022 and employees reported higher satisfaction with their compensation in 2022...
Home Heating Oil Leak Is Covered Due to Pollution Ambiguity, Rhode Island Court Rules February 20, 2023 The Rhode Island Supreme Court for the first time has found the definition of pollution in a commercial policy ambiguous...
New York Gov. Hochul Vetoes Wrongful Death Damages Bill February 20, 2023 New York Gov. Kathy Hochul vetoed a measure that would have expanded wrongful death benefits after her late bid for...
How Social Inflation Is Impacting the Architects, Engineers Market February 20, 2023 By Larry Moonan Social inflation has been a hot topic across the insurance industry over the last few years as claims frequency and...
Marketing Data Can Reduce AI Bias in the Insurance Industry February 20, 2023 By Ifty Kerzner Just a decade ago, the idea that artificial intelligence (AI) might play a role in everyday insurance practices may have...
Global Commercial Insurance Rates Rise 4% in Q4, Continuing Moderating Trend: Marsh February 20, 2023 Global commercial insurance prices increased 4% in the fourth quarter of 2022, down from a 6% increase in Q3 and...