Insurance News from February 22, 2022
National News
U.S. Soccer to Pay $24 Million to End Women’s Equal-Pay Suit
U.S. Soccer has reached a $24 million agreement with the women's national team to...
International & Reinsurance News
UK to Ease Solvency II Insurance Capital Rules to Unlock ‘Billions of Pounds’
Britain will unlock "tens of billions of pounds" of insurance sector capital that...
Porsches and Lamborghinis Lost at Sea in Cargo-Ship Fire Could Cost $155 Million
Allianz Fires 2 Asset Managers Who Ran Group of Collapsed Investment Funds
Prospective Investors in Giant LIC IPO Worried About Gov’t Control of Insurer: Sources
EU Orders Hungary to Cancel Its Veto of Sale of Aegon Unit to Vienna Insurance
East News
Massachusetts Hospital Settles for $14.6M Over Billing for Overlapping Surgeries
Massachusetts General Hospital will pay $14.6 million to settle a lawsuit that alleged...
West News
California Lawmaker Introduces Bill to ‘Restore Ethics and Transparency’ at Department of Insurance
Citing continuing failures by the California Department of Insurance to maintain public...
Southeast News
New Lending Rules Could Stifle Loans, Insurance for Florida Condos that Need Repairs
Just as some insurers have tightened requirements for underwriting high-rise...
Texas / South Central News
3 in Louisiana’s Camp Minden Explosion Case Owe $140K to $34.8 Million Restitution
Three of the men who pleaded guilty in connection with what a prosecutor called the...
Midwest News
Homeowners of America Expands Into Missouri
Homeowners of America, a property and casualty insurance provider and subsidiary of...