Dellwood Insurance Says AIG’s ‘Ginned-Up Claims’ Must Be Dismissed October 2, 2024 By Chad Hemenway The legal squabble between American International Group (AIG) and a startup-up formed by some former employees continued this week with...
Vermont Diocese Files for Bankruptcy With No Insurance Left for Past Abuse Claims October 2, 2024 By Andrew G. Simpson The Roman Catholic Diocese of Burlington, Vermont has filed for Chapter 11 bankruptcy protection as it continues to face lawsuits...
Shelter Order Lifted for 90,000 Georgia Residents After Chemical Plant Fire October 2, 2024 By Jeff Martin Authorities on Monday night ended a shelter-in-place order for more than 90,000 people east of Atlanta following a weekend chemical...
Viewpoint: Strike’s Duration Will Determine Impact on P/C Insurance Industry October 2, 2024 By Michel Leonard The International Longshoremen’s Association (ILA) went on strike on Tuesday, Oct 1. The strike is expected to affect more than...
Helene Claims in Florida Already More Than 65,700 – Far More Than Idalia October 2, 2024 By Staff and Wire Reports The number of property insurance claims in Florida from Hurricane Helene had topped 65,700 by Tuesday, far more than the...
Global Insurers Fight London Court Battle Over Jets Seized in Russia October 2, 2024 By Kirstin Ridley and Sam Tobin Insurers are playing “pass the liability parcel” in a desperate fight against multi-billion dollar claims over aircraft stranded in Russia...
Hurricane Ravages Southern Cotton Crops Just Before Harvest October 2, 2024 By Ilena Peng Cotton growers are facing devastating losses and delays from Hurricane Helene just as harvest was beginning, marking the latest blow...
University of California Purchases Sensor-Triggered Earthquake Parametric Policy October 2, 2024 What is being called the first sensor-triggered earthquake parametric insurance policy in the U.S. was purchased by The University of...
Flooded Farms, Fouled Rivers, Dozens Dead: Helene’s Rising Toll October 2, 2024 As historic floodwaters unleashed by Hurricane Helene recede across the US Southeast, the region faces a humanitarian, economic and ecological...
Flooded Farms, Fouled Rivers, Dozens Dead: Helene’s Rising Toll October 2, 2024 By Ilena Peng, Gerson Freitas Jr., Ari Natter and Josh Saul As historic floodwaters unleashed by Hurricane Helene recede across the US Southeast, the region faces a humanitarian, economic and ecological...