Insurance News from April 22, 2021
National News
Hartford Rejected 3 Acquisition Offers From Chubb From $65 to $70 a Share
After its initial offer of $65 per share to acquire The Hartford was rejected, insurer...
International & Reinsurance News
Climate Change Could Cut Global GDP by 18% by 2050 – If Nothing Is Done: Swiss Re
If nothing is done to combat climate change, global temperatures could rise by 3.2°C...
East News
New York Contractor to Pay $135K in Penalties After Trench Collapse
A Long Island, New York, superstructure, foundation and concrete company will pay...
West News
Insuring Cannabis Webinar Take Home: Carriers, Brokers Waiting on Sidelines
There may be many more carriers and brokers waiting on the sidelines of the insuring...
Southeast News
Court Orders Liquidation of American Capital; Policies to Cancel May 14
Florida-based American Capital Assurance Corp. is officially in receivership and is in...
Texas / South Central News
Court Orders Liquidation of American Capital; Policies to Cancel May 14
Florida-based American Capital Assurance Corp. is officially in receivership and is in...
Midwest News
Court Agrees Chubb Excluded Coverage in $3.3 Million Unsolicited Advertising Case
Chubb subsidiary Federal Insurance Co. does not have to pay $3.3 million that medical...