2023 Underwriting Losses Improve but Persist in US P/C Industry March 26, 2024 By Allen Laman and Susanne Sclafane The U.S. property/casualty insurance industry recorded a slight underwriting improvement in 2023, but losses persisted, according to a new AM...
Carey Assumes Post as Maine Insurance Regulator March 26, 2024 Robert L. Carey was sworn in as Maine superintendent of insurance on February 28 after being confirmed by the state...
Hannover Re Combines Cyber, Digital Underwriting Expertise in New Reinsurance Unit March 26, 2024 Hannover Re will combine its global business in the areas of cyber and digital, creating a new specialty reinsurance business...
FACTBOX— Baltimore Port: From Coal to Cars and Cruise Lines March 26, 2024 A major bridge collapsed in the U.S. port of Baltimore in the early hours of Tuesday after being struck by...
Markets/Coverages: Marsh Launches Global Facility Providing Cover up to $825M for Digital Asset Custodians March 26, 2024 Marsh, the insurance broker, risk adviser and a unit of Marsh McLennan, announced the launch of an insurance facility for...
Vital Baltimore Bridge Collapses After Being Struck by a Ship March 26, 2024 A major commuter bridge in Baltimore collapsed after being rammed by a container ship, causing vehicles to plunge into the...
5th Circuit: Chubb Must Cover SXSW in Suit Over Cancelled 2020 Festival March 26, 2024 By Ezra Amacher The 5th Circuit Court of Appeals ruled last week that Chubb must cover restitution claims paid to ticket holders of...
Chubb: Middle Market Companies Post Record Gains March 26, 2024 By Allen Laman Middle-market companies posted record economic growth and revenue gains in the second half of 2023, according to a recent indicator...
Musk’s X Corp. Loses Lawsuit Against Hate Speech Watchdog March 26, 2024 By Jonathan Stempel A U.S. judge on Monday threw out Elon Musk’s lawsuit against a nonprofit group that faulted him for allowing a...
Consumers Sue Apple, Taking Page From US Justice Department Lawsuit March 26, 2024 By Mike Scarcella Apple has been hit with a flurry of new consumer lawsuits accusing the iPhone maker of monopolizing the smartphone market,...