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
Uber Settles New York State Claims Related to Unemployment Benefits for Drivers
Uber Technologies has reached a settlement with the New York State Department of Labor...
West News
Sovereign Nations Insurance to Stop Selling Unauthorized Products in Washington
Sovereign Nations Insurance, LLC signed a settlement agreement with Washington...
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
Illinois Jury Awards $7.1M to Cooking Spray Burn Victim
CHICAGO (AP) – A jury in Illinois has ordered Chicago-based Conagra Brands to pay...