Chubb Continues ‘Record’ Year With 13.8% Jump in Q3 Net Income October 29, 2024 Chubb recorded an 11.7% increase in P/C underwriting income with a combined ratio of 87.7 as part of third quarter...
People Moves: Novak Joins Alliant Insurance Services’ Employee Benefits Group as SVP October 29, 2024 Ron Novak joined Alliant Insurance Services, headquartered in Irvine, California, as senior vice president and producer within its employee benefits...
State Farm Settles Immigration Discrimination Case with Justice Department October 29, 2024 The Justice Department announced that it secured a settlement agreement with State Farm resolving the department’s determination that one of...
Minnesota Aquarium Manufacturer Fined $226K for Alleged Pesticide Violations October 29, 2024 The U.S. Environmental Protection Agency announced last month a settlement with Underwater Creations Inc. of St. Louis Park, Minnesota, to...
Michigan Culver’s Restaurants Sued for Discriminating Against Transgender Employee October 29, 2024 Five related entities operating Culver’s restaurants in Michigan violated federal law when they fired a transgender employee and three of...
Clear Group Acquires Lilley Plummer Risks, Entering Wholesale Lloyd’s Broker Space October 29, 2024 Clear Group, the UK independent insurance broker that is owned by Private Equity at Goldman Sachs Alternatives, has entered the...
Markets/Coverages: Hartford and Coalition Announce Cyber Capacity Partnership in UK October 29, 2024 The Hartford and cyber-MGA Coalition announced a strategic, long-term capacity partnership in response to growing customer and broker demand for...
Global Natural Catastrophe Insured Losses Exceed $102B During Q1-Q3 2024: Aon October 29, 2024 By L.S. Howard The third quarter of 2024 saw a significant number of natural disaster events, which drove year-to date economic losses above...
Program Uses AI to Send Cash Payments to 1,000 Households Hit by Hurricanes October 29, 2024 By Gabriela Aoun Angueira Nearly 1,000 hurricane-impacted households in North Carolina and Florida will benefit this week from a new disaster aid program that...
AI Chatbot Pushed Florida Teen to Suicide, Lawsuit Against Its Creator Alleges October 29, 2024 By Kate Payne In the final moments before he took his own life, 14-year-old Sewell Setzer III took out his phone and messaged...