Six Years After Deadly Police Chase, Georgia High Court Limits Insurer’s Obligation February 17, 2022 The headlines in 2016 provoked an outcry across Georgia: A man stole a car near the Atlanta airport, fled from...
The Liberty Company Acquires Babcock in California February 17, 2022 The Liberty Insurance Brokers acquired R.W Babcock Insurance Brokerage Inc. in Pleasanton, California. Founded in 2013 and led by Rob...
AIG Returns to Profit on Improved P/C Insurance Underwriting, Lower Catastrophes February 17, 2022 Global insurer American International Group (AIG) reported strong fourth quarter and year-end results led by the performance of its General...
Heat Wave Early Warning, Ranking System Proposed in California February 16, 2022 A pair of California legislators and the state’s insurance commissioner are pushing a bill to create an early warning system...
Markets/Coverages: WTW Partners With Falvey Cargo on Cyber; Boost and Breach Offer Crypto Wallet Cover; Umbrella From Distinguished Programs Serves Real Estate, Community Associations February 16, 2022 WTW Partners With Falvey Cargo Underwriting for Affirmative Cargo Cyber Coverage Insurance broker Willis Towers Watson is partnering with Falvey...
People Moves: Zurich Adds Martino; Lattner Joins Claro Group February 16, 2022 Zurich Names Martino Regional Vice President For Midwest Region of U.S. Middle Market Unit Zurich North America has named Trey...
AXA Insurance UK Buys Ageas UK’s Commercial Business Renewal Rights February 16, 2022 AXA Insurance UK announced the acquisition of the renewal rights to Ageas UK’s commercial business for an initial consideration of...
Indiana Steel Mill to Pay $3 Million, Improve Waste System February 16, 2022 A steel company has agreed to pay $3 million and improve the wastewater system at an Indiana mill, more than...
Rating Upgrades Increase for U.S. P/C Insurers in 2021 February 16, 2022 Ratings for the U.S. property/casualty industry returned to pre-pandemic levels with some companies strengthening balance sheets and improving operating results,...
After Months of Decline, Florida Claims Litigation Rose Sharply in January February 16, 2022 Just when insurers saw signs that last year’s reform legislation may be having an impact on claims litigation, bad news...