A Greenwashing Lawsuit Against Delta Aims to Set a Precedent June 13, 2023 By Kendra Pierre-Louis As tranquil instrumental music plays over gauzy images of nature, a woman’s voice-over begins. “Isn’t it a paradox,” she wonders...
Fitch: Hardening Commercial Lines Market to Continue Through 2023 June 13, 2023 This year will mark the fourth year of a hardening market for commercial lines underwriting cycle, according to the latest...
Two More States Pass Bills to Require Disclosure of Litigation Funding June 13, 2023 By Jim Sams Lawmakers in two states passed bills this year to require disclosure of litigation funding contracts. Business groups are pushing for...
Report: Wildfire Fears at ‘All-Time High’ and Driving Insurer Decisions in Property Market June 12, 2023 By Don Jergler Despite a relatively average 2022 wildfire season, fears of wildfires remain at an “all-time high,” and those fears appear to...
Aon Denied Restraining Order Against Alliant June 12, 2023 By Chad Hemenway In a June 9 ruling, a federal judge denied Aon a temporary restraining order against Alliant Insurance Services related to...
Federal Regulators Promise Safety Review at all the Major Freight Railroads June 12, 2023 By Josh Funk The Federal Railroad Administration recently completed a review of Norfolk Southern’s safety culture in the wake of the February’s fiery...
Democrats on Senate Budget Committee Open Investigation Into Major Insurers June 12, 2023 Democrats on the U.S. Senate Budget Committee launched an investigation on Friday into major insurers’ “support” of new fossil fuel...
JPMorgan Agrees to Pay $290 Million to Settle Epstein Case June 12, 2023 By Hannah Levitt and Ava Benny-Morrison JPMorgan Chase & Co. agreed to pay $290 million to settle a lawsuit alleging it knowingly benefited from former client...
Branch CEO Lekas Announces Layoffs, Cites Inflation, Loss Costs June 12, 2023 By Elizabeth Blosfield Branch Insurance has conducted a round of layoffs, according to a June 8 LinkedIn post by co-founder and CEO Steve...
Bad Press, Claims Issues, Halt on New Business Giving Industry Another Black Eye? June 12, 2023 By William Rabb It’s no secret that the U.S. property/casualty insurance industry does not always enjoy a sterling reputation among consumers. As one...