Insurance News from May 31, 2024
National News
American National Exiting Homeowners Insurance Market
Following its announcement several months ago to leave the homeowners insurance...
International & Reinsurance News
Banks, Asset Managers Warned of ‘Huge’ Fallout From UK’s New Greenwashing Law
Banks and asset managers in the UK woke up to a new reality on Friday, as the country...
Investors With Trillions Aren’t Handling Australia Climate Risks: Study
Israel Aims to Boost Red Sea Oil Deliveries Despite Environmental Risks
Cleaner Shipping Fuel Is Contributing to Ocean Warming: Report
People Moves: Howden Re Names Hearn as Chair, Global Clients Strategy; Ex-Lloyd’s CEO Beale Named Chair of Climate Consultancy South Pole
East News
Denial of House Fire Claim Upheld. Insureds Never Knew Their Policy Was Nonrenewed.
A Connecticut Appeals Court has affirmed that an insurer is not obligated to provide...
Baltimore’s Johns Hopkins Team Assessing Likelihood of Another Tragic Bridge Disaster
Clinic Sued for Allegedly Firing Employee for Not Disclosing Disability in Job Interview
Nurse Honored for Compassion Is Fired After Referring to Gaza ‘Genocide’ in Speech
Aon/NFP’s Lenox Advisors Acquires Maryland Benefits Firm Serving Medical Pros
West News
California Supreme Court Resolves Question on Coverage for COVID Business Shutdowns
The California Supreme Court has resolved a question about insurance coverage for...
Southeast News
‘Cautiously Optimistic’ on Florida: Defense Costs Down, but Reinsurance Still a Drag
Analysts with the AM Best financial rating firm and other stakeholders are cautiously...
Texas / South Central News
Louisiana Lawmakers Pass Auto Insurance Reform Bills to Boost Market Competition
Louisiana lawmakers passed a series of auto insurance reform bills that aim to bring...
Midwest News
Michigan Willing to Repair Flint Homes Ripped Up by Pipe Replacement
DETROIT (AP) — The state of Michigan said it's willing to step in and oversee...