Insurance News from October 16, 2023
National News
Progressive Q3 Earnings Skyrocket as Combined Ratio Gets Closer to Goal
Progressive Corp. posted significant improvement in third quarter earnings late last...
International & Reinsurance News
Catastrophe Bond Market Defies Global Selloff With Record Returns
As bond markets everywhere get battered by a cocktail of higher interest rates, deficit...
UK Watchdog Fines Equifax $13.4M for Role in ‘One of Largest’ Cyber Breaches
Israeli Cyber Professionals Band Together to Fight Hacktivist Activity Amid Gaza War
Deadly Indonesian Cough Syrup Was Almost Pure Toxin, Prosecutors Say in Court Filing
Markets/Coverages: Howden Launches Innovation Hub With £500M of Delegated Underwriting Capacity, Commits £10M for Insurtech Funding
East News
70-Year-Old Man Settles With Catholic Diocese Over Sex Abuse Suffered at Age 8
A 70-year-old man who recently reached a settlement with a Roman Catholic diocese in...
West News
California Governor Signs Bill Restricting Sharing Data from Cameras Inside Cabin of Vehicles
California Gov. Gavin Newsom signed a bill that gives consumers greater control over...
Southeast News
Slide Assumes 86,000 Farmers Policies in Florida, Offers Appointments to Agents
Tampa-based Slide Insurance, which has made a practice of assuming Florida policies...
Texas / South Central News
5th Circuit Seeks Clarification from Louisiana Supreme Court on Application of Anti-Indemnity Act to Salt Mine
A federal appellate court is asking the Louisiana Supreme Court whether a law that was...
Midwest News
Eli Lilly to Pay $2.4M to Settle Class Age Discrimination Suit
Lilly USA, LLC, a pharmaceutical corporation based in Indianapolis, Indiana, and its...