AM Best: US P/C Industry Reverses Nine-Month Underwriting Loss December 4, 2024 Growth in net earned premiums outpaced a slight increase in losses and loss adjustment expenses to result in the U.S....
Agents Charged in $250 Million Off-Shore Insurance Scheme December 4, 2024 Manhattan District Attorney Alvin Bragg, Jr. announced the indictment of officers of Inter-Insurance Agency Services Ltd. and the firm for...
Pemex Vowed No More Fatalities. At Least Six Workers Have Died Since. December 4, 2024 By Antonia Mufarech and Scott Squires Mexico’s state-run oil company, facing heightened scrutiny over a string of deadly accidents at its facilities, set an ambitious goal...
Mattel Sued Over ‘Wicked’ Dolls With Porn Website Link December 4, 2024 By Jonathan Stempel Mattel was sued on Tuesday by a South Carolina mother for mistakenly putting a link to a pornographic website on...
Insurer Fortegra Launches Subsidiary in UK December 4, 2024 The Fortegra Group Inc., the Jacksonville, Florida-based specialty insurer and subsidiary of Tiptree Inc., announced it has received regulatory approval...
Viewpoint: Artificial Intelligence Faces New Era of Regulatory Oversight December 4, 2024 By Erez Barak Executive Summary: With over 70% of insurers planning to deploy gen-AI tools over the next two years, AI promises much,...
Inigo Owners Said to Weigh Options for Lloyd’s of London Insurer December 4, 2024 The owners of Inigo Ltd. are exploring options for the British specialist insurance group including a potential sale, according to...
US Official Fighting Chinese Telecom Intrusions Urges More Encryption December 4, 2024 By Raphael Satter A senior U.S. official who is among those working to evict alleged Chinese hackers from American telecom companies has a...
FTC Hits Pair of Data Brokers for Unlawfully Tracking and Selling Consumer Data December 4, 2024 By Chad Hemenway The Federal Trade Commission said it has issued an order prohibiting data brokers Mobilewalla and Gravy Analytics from selling consumer...
High-Net-Worth Insureds’ Top Concerns: Climate, Collectibles and Cyber December 4, 2024 A new report on emerging risks affecting wealthy households — those with assets of $500,000 to $5 million — highlights...