Insurance News from September 02, 2022
National News
It’s Over: Lasting Underwriting Profits in U.S. D&O Market Unlikely, Fitch Says
Three years of soaring directors and officers liability insurance prices pushed...
International & Reinsurance News
Low Rate of Flood Insurance Cover Spells Danger as Climate Crisis Deepens
Insured losses from floods doubled to $80 billion globally during 2011-2020 compared to...
G7 Expected to Advance Russia Oil Price Cap Plans With Insurance Playing Key Role
Cyber Attacks on Western European Firms on the Rise Since Ukraine War: Italy Minister
S. Korea Braces for Strongest Typhoon in Nation’s History With Major Damage Expected
Sompo International Sells Run-off Business at Lloyd’s to Legacy Specialist RiverStone
East News
New York Launches $6.5M Fund for ‘Clean Tech’ Insurance Products; Seeks Program Manager
New York Governor Kathy Hochul announced a $6.5 million program to support Insurance...
West News
1 Dead After Seniors in California Served Dishwashing Liquid At Home
A resident of a San Francisco Bay Area senior citizens home died after being mistakenly...
Southeast News
Marsh McLennan Acquires South Carolina Agency
Marsh McLennan Agency, a subsidiary of Marsh, has acquired Steinberg & Associates,...
Texas / South Central News
Baggage Handler at New Orleans’ Airport Killed in Accident
A 26-year-old worker at Louis Armstrong New Orleans International Airport was killed...
Midwest News
Michigan Diesel Company Fined $10 Million Over Clean Air Act Violations
On Aug. 29, the U.S. District Court in the Eastern District of Michigan awarded a...