Insurance News from December 06, 2024
National News
Insured Losses From Natural Disasters Top US$100B for 5th Consecutive Year: Swiss Re
Estimated insured losses from natural catastrophes are on track to surpass US$100...
International & Reinsurance News
Aviva Reaches Initial £3.6 Billion Deal to Buy Direct Line
Aviva Plc reached a preliminary agreement to buy Direct Line Insurance Group Plc for...
East News
Failure to Produce Proof of Purchase Dooms Insurer’s Product Liability Case
A federal court in Pennsylvania recently affirmed that plaintiffs seeking to hold a...
West News
Fraud Ringleader in Washington Sentenced, Ordered to Pay $7.1M in Restitution
A Washington man has been sentenced to a dozen years in prison and ordered to pay $7.1...
Southeast News
Don’t Touch Fla. Reforms, Panelists Implore, but Maybe Tax Breaks for Elevated Homes
Regulators, insurance companies and attorneys at the Florida Chamber of Commerce Annual...
Texas / South Central News
Texas Senate to Pursue Ban on THC Products in 2025
Lt. Gov. Dan Patrick announced Wednesday that lawmakers in the state Senate would move...
Midwest News
Missouri to See Reduction in Workers’ Comp Rates in 2025
The Missouri Department of Commerce and Insurance (DCI) announced that employers should...