Insurance News from November 10, 2022
National News
Insurers Say ‘Bazooka’ of Bogus Boy Scouts Claims is Abuse of Bankruptcy System
A group of insurers – including subsidiaries of AIG, Liberty Mutual, Allianz, Sompo...
International & Reinsurance News
By Modeling Players’ Insurable Values, Lloyd’s Predicts England Will Win World Cup
Lloyd's of London predicts that England will beat Brazil and emerge victorious at the...
Medibank Hack Could Cost A$700M for Damages and Fixes
Zurich Insurance Expects $550M Hit From Hurricane Ian, but On Track to Beat Targets
Global Securities Regulators Plan Closer Scrutiny of Carbon Trading
People Moves: Everest Re Taps AXA XL’s Mann to Lead Casualty, UK; RenRe Promotes Marra to CUO; Lockton Re Names Aon’s Ryan for Retrocession & Property Specialty
East News
Prosecutors Oppose Release of Alleged Restoration Extortion Gang Leader
The alleged leader of a gangland extortion ring that took control of the New York City...
West News
Moody’s: California Utilities Reduced Liability Following Catastrophic Wildfires
A new report shows California utilities have noticeably reduced their liability...
Southeast News
Suspect Arrested in Connection With 7 Fires Across Mississippi’s Capital
JACKSON, Miss. (AP) — Authorities have arrested a suspect in connection with seven...
Texas / South Central News
People Moves: Stephens Hires Zarr; Novatae Names Kerr CEO
Stephens Insurance Hires Oil & Gas Industry Veteran Zarr Stephens Insurance, LLC,...
Midwest News
Ohio Town to Pay $200K Over Sewage Discharges
The city of Elyria, Ohio, has entered into a consent decree with the United States and...