Insurers End ‘Cats’ Fight September 20, 2024 By Andrew G. Simpson Two insurers have settled their dispute over coverage involving a touring company for the musical “Cats” and an employee who...
Mutual Insurers Chase Rate Adequacy, Financial Strength Remains Strong: AM Best September 20, 2024 By Ezra Amacher The U.S. property/casualty mutual segment has leaned on investment income to maintain strong overall financial performance and grow surplus in...
Extreme Weather Adds to Fiscal Strains in Central Europe September 20, 2024 By Jan Lopatka, Karol Badohal and Gergely Szakacs Just a week ago, before deadly floods swept through central Europe, the Czech Republic looked on track to become the...
Exploding Pagers Sound Global Alarm on Supply-Chain Security September 20, 2024 By Peter Martin, Daniel Flatley and Marissa Newman Thousands of pagers and other devices exploding in Lebanon this week mark a new and deadly escalation in the use...
Man Arrested for Damaging a Statue Outside a St. Louis Cathedral September 20, 2024 By Jim Salter ST. LOUIS (AP) — A man used construction equipment to drop a heavy boom lift onto a sculpture that has...
Human Remains Found in Vehicle Involved in Texas Pipeline Fire September 20, 2024 By Christopher Charleston Deer Park, Texas, police confirmed that human remains were recovered from a vehicle that crashed into a natural gas liquids...
People Moves: AIG Appoints Walsh CFO; Rokstone Names Baker Deputy Head of US Casualty; Applied Underwriters Hires, Promotes Leadership September 20, 2024 AIG Appoints Walsh Executive Vice President, Chief Financial Officer American International Group, Inc. (AIG), headquartered in New York City, named...
J&J Lifts Baby Powder Settlement Bid to More Than $8.2 Billion September 20, 2024 By Jef Feeley Johnson & Johnson has boosted to more than $8.2 billion its offer to settle thousands of lawsuits by people who...
7 in 10 Actuaries and Underwriters Worry About Being Replaced by AI September 20, 2024 With the vast majority (91 percent) of insurance companies already investing in AI or planning to in the next five...
Live Nation Seeks to End States’ Claim of Damages for Concertgoers September 20, 2024 By Jody Godoy Live Nation Entertainment has asked a federal judge in New York to dismiss several states’ claims that the live event...