U.S. P/C Industry Records $26.5 Billion Underwriting Loss in 2022 March 23, 2023 The U.S. property/casualty (P/C) industry recorded a $26.5 billion net underwriting loss in 2022, $21.5 billion more than the $5...
These Southwestern Counties Were Ranked Safest from Natural Disasters March 23, 2023 A city in New Mexico and five counties in Colorado ranked in the top 10 for lowest-risk areas for natural...
Lloyd’s of London Swings to 2022 Pre-Tax Loss on Investments but U/W Profits Up March 23, 2023 Lloyd’s of London swung to a pre-tax loss in 2022 and took writedowns on its fixed-income investments, it said on...
New Heat Rules for Outdoor Workers in Washington Proposed March 23, 2023 Proponents of a new proposal this week to update Washington’s permanent heat rules say they will increase protections for agricultural,...
OSHA Probe of Teen Worker’s Fall Uncovers Other Wage, Child Labor, Safety Issues March 23, 2023 A federal investigation into why a 17-year-old worker – who fell 24 feet from the roof of a New Castle,...
Texas Governor Appoints Bolduc as Public Counsel for OPIC March 22, 2023 Texas Governor Greg Abbott has appointed David Bolduc as the Public Counsel for the Office of Public Insurance Counsel (OPIC)...
People Moves: Specialty MGA Nirvana Taps Sompo’s Mannsdorfer for European Underwriting; Verlingue Hires Hiscox’s Bethell as Head of Private Clients March 22, 2023 This edition of International People Moves details appointments at media, tech and cyber MGA, Nirvana, and the broker Verlingue. A...
Chubb Announces Climate-Focused Underwriting Standards for Oil and Gas Extraction March 22, 2023 Chubb Ltd. announced new underwriting criteria for oil and gas extraction projects that will require clients to reduce methane emissions,...
Dispute Over Van Gogh Art In Detroit Settled March 22, 2023 DETROIT (AP) – A deal has been reached over control of an 1888 painting by Vincent van Gogh, lawyers said,...
Floor Collapses Onto 2 Chicago Firefighters March 22, 2023 CHICAGO (AP) – A floor collapsed onto two Chicago firefighters early Tuesday as they were helping battle a residential fire,...