Markets/Coverages: CFC Says New Cyber Product Includes 2 Industry Firsts April 2, 2025 Specialist insurer CFC announced a new cyber product – Cyber Proactive Response (CPR) – aimed at businesses with revenues up...
Iowa Man Who Falsified Rolex Watch Claim Sentenced to 10 Years in Prison April 2, 2025 An Iowa man was sentenced last week to ten years in prison after pleading guilty to Insurance Fraud (Class D...
TDI to Adopt 11.5% Workers’ Comp Rate Decrease April 2, 2025 The Texas Department of Insurance said in a March 28 bulletin that it accepted the National Council on Compensation Insurance...
Florida’s Universal P&C Overstated Claims to Cat Fund, Must Pay $4M Fine, AG Says April 2, 2025 The Florida Hurricane Catastrophe Fund will not have to pay some $30 million to Universal Property & Casualty Insurance Co.,...
Chipotle to Settle Kansas Religious Harassment Lawsuit April 2, 2025 National restaurant chain Chipotle Services, Inc. will pay $20,000 and furnish other relief to settle a U.S. Equal Employment Opportunity...
Firm Issued Fake Insurance for Russian Oil Tankers, Norway’s Regulator Says April 2, 2025 The insurance issued to dozens of aging oil tankers used by Russia to skirt international sanctions was bogus, according to...
Verisk Buy of Nasdaq Subsidiary Gains Access to Hundreds of Catastrophe Models April 2, 2025 Verisk said today it has acquired Nasdaq subsidiary Simplitium Limited, the owner and operator Nasdaq Risk Modelling for Catastrophes (NRMC)....
Small Businesses Continue to Be Underserved by Cyber Insurers: CyberCube April 2, 2025 Cyber risk analytics firm CyberCube in a report said the cyber insurance market continues to underserve small businesses although these...
Suspended Driver Facing Multiple Charges in Brooklyn Crash That Killed Mom, Kids April 2, 2025 A woman is facing multiple charges after she crashed into a family out for a walk in Brooklyn, killing a...
Swiss Market Regulator FINMA Restructures; Head of Insurance Division to Step Down April 2, 2025 Swiss financial market watchdog FINMA has revamped its organizational structure with immediate effect, the regulator said on Tuesday, as it...