Viewpoint: Could Increasing Ransomware Frequency Bring Back Repeat of Hard Market? May 25, 2023 Insurance pricing is cyclical. When loss ratios are sustainably higher, over time prices rise in response, creating a hard market....
Contractor Settles with Sickened Tenn. Workers Who Cleaned up Coal Ash Spill May 25, 2023 Attorneys for a group of workers who believe their jobs cleaning up a massive coal ash spill in Tennessee led...
Generali Confirms 2024 Targets After Q1 Profits Rise on Strong Non-Life Performance May 25, 2023 Italy’s Generali confirmed all its 2024 business plan targets on Thursday after first quarter profits rose on a strong non-life...
China Rejects Claim Its Spies Are Penetrating Western Critical Infrastructure May 25, 2023 The Chinese government has rejected claims that its spies are penetrating Western infrastructure, calling the joint warning issued by the...
Viewpoint: Actual Cash Value on Roof Claims a Fairer, Simpler Way to Pay May 25, 2023 In the May 15, 2023 Insurance Journal, independent adjuster Ben Mandell shared an opinion that Florida insurance policies have “one...
Firefighting Foam Contaminates Public Water for About 9,000 in Maine May 25, 2023 WATERVILLE, Maine (AP) – Firefighting foam used in battling a fatal fire in an apartment building entered the public water...
With Digital Channels Insurers Impress Shoppers but Not Existing Customers May 25, 2023 Though insurers do a good job attracting new customers shopping for policies via their digital channels, they fall short when...
UN Says U.S. Concerns Have Led to Insurers Quitting Climate Alliance May 24, 2023 The United Nations Environment Programme on Wednesday said “recent discussions within the United States” had been behind four insurance firms...
Brown & Brown Agrees to Buy UK Parent of Nexus Underwriting, Xenia Broking May 24, 2023 Brown & Brown Inc., the Daytona Beach, Fla.-based broker, announced it has entered into an agreement to acquire Kentro Capital...
Arthur J. Gallagher Acquires Florida’s Ken Brown Brokerage May 24, 2023 Arthur J. Gallagher & Co., the global insurance brokerage and consulting firm, said it has acquired Florida-based Insurance by Ken...