Markets/Coverages: Hartford and Coalition Announce Cyber Capacity Partnership in UK October 29, 2024 The Hartford and cyber-MGA Coalition announced a strategic, long-term capacity partnership in response to growing customer and broker demand for...
Global Natural Catastrophe Insured Losses Exceed $102B During Q1-Q3 2024: Aon October 29, 2024 By L.S. Howard The third quarter of 2024 saw a significant number of natural disaster events, which drove year-to date economic losses above...
Program Uses AI to Send Cash Payments to 1,000 Households Hit by Hurricanes October 29, 2024 By Gabriela Aoun Angueira Nearly 1,000 hurricane-impacted households in North Carolina and Florida will benefit this week from a new disaster aid program that...
AI Chatbot Pushed Florida Teen to Suicide, Lawsuit Against Its Creator Alleges October 29, 2024 By Kate Payne In the final moments before he took his own life, 14-year-old Sewell Setzer III took out his phone and messaged...
North Carolina Governor Approves $600 Million in Helene Recovery Funding October 29, 2024 North Carolina Gov. Roy Cooper approved more than $600 million worth of disaster relief funding last Friday for western North...
Judge Cans North Carolina Captive’s Claims That Managers Stole Software October 29, 2024 By William Rabb Six months after a North Carolina captive insurance firm for nursing homes around the country accused its managers of poaching...
WTW Launches Insurance Brokerage Service in Japan October 29, 2024 WTW announced the expansion of its Corporate Risk & Broking (CRB) business in Japan with the launch of an insurance...
Where’s the Meat? Lawsuit Claims Subway Sandwich Skimps on Filling October 29, 2024 By Jonathan Stempel A new lawsuit accuses Subway of “grossly misleading” customers by advertising sandwiches that contain at least three times more meat...
Judge Approves Healthcare Advisor’s $1.5M Data Breach Settlement October 29, 2024 A federal judge in Connecticut has given final approval to a $1,525,000 class action settlement involving a data breach at...
Brookfield Hires Head for Entry Into Japan Reinsurance Market October 29, 2024 Brookfield Wealth Solutions, has entered the reinsurance business in Japan and has hired Tomohide Yokooka, formerly of Barclays Plc, as...