Insurance News from November 03, 2023
National News
Travelers to Buy Cyber MGU Corvus for $435 Million
The Travelers Companies today said it has agreed to buy cyber managing general...
International & Reinsurance News
New Swiss Capital Rules Set to Spur $20 Billion Bond Overhaul for Re/Insurers
Insurance companies in Switzerland are set to repay billions in mostly discounted...
Climate’s ‘Catch-22’: Cutting Pollution Will Accelerate Global Warming
Howden Scotland Buys Commercial Insurance Broker Neilson Laurence & Neil
Jensten Completes Acquisition of UK-Based One Broker Group
People Moves: Aspen Taps SiriusPoint’s Mardon as Global Head of Property Catastrophe; CNA Hardy Appoints Marsh’s Berman as Head of Specialty
East News
Lawmakers Advance Bill to Increase Transparency of Pennsylvania’s Universities
An effort supporters say will boost transparency in several leading Pennsylvania...
West News
Neglect Has Hastened Patient Deaths at Montana Psychiatric Hospital, Lawsuit Says
Montana's state psychiatric hospital has been so poorly run for decades that patients...
Southeast News
Bad-Faith Payouts Are Penalties, Not Insurance Benefits, Florida Supreme Court Says
Randy Willoughby's lawyers turned a $10,000 uninsured motorist policy into a $4 million...
Texas / South Central News
Louisiana Contractor Gets Max Fine After Fatal Fall at Georgia Hyundai Plant Site
Federal safety regulators have brought the hammer down on a Louisiana contractor,...
Midwest News
Ohio Law Applies in Insurance Dispute over Superfund Remediation Costs, Court Rules
Ohio law must be used to resolve an insurance dispute involving a polluted site in...