Insurance News from January 29, 2025
National News
Chubb Posts Record P/C Underwriting Income for Q4 and 2024
Chubb posted record property/casualty underwriting income of about $1.6 billion, up...
International & Reinsurance News
US, UK Ships Return to Red Sea After Houthis Vow to Hold Fire
British and American ships are tentatively returning to the Red Sea after Yemen's...
Climate Change Will Lead to Higher Deaths in Europe, Study Shows
Fire Destroys Air Busan Plane in South Korea, All 176 Evacuated
Tech Update: Aventum Invests $12 Million to Create Proprietary Tech Function
People Moves: Patel Named Chair of Canopius Managing Agents, Succeeding Meader; Evolin Broking Taps Downing From Miller to Launch Construction Division
East News
Judge Extends Ban on Alliant Employees Soliciting Marsh Agency’s Customers
A federal judge in Manhattan has extended an order blocking three Alliant Insurance...
West News
Washington Man on Workers’ Comp for 3 Years Caught on Video Carrying 48lb Table
A Pierce County, Washington, man has been ordered to pay back more than $60,000 to...
Southeast News
Mississippi House Bill Puts New Rules on PBMs, But May Do Little for Workers’ Comp
A pharmacy benefits manager bill passed by the Mississippi House of Representatives...
Texas / South Central News
Less Methane Leaked in West Texas, Report Says; Environmentalists Are Skeptical
Less methane escaped into the atmosphere from certain oil and gas equipment and oil...
Midwest News
Michigan Joins Multistate Enforcement Action Against Block, Inc.
Michigan joined 47 state financial regulatory agencies in a coordinated enforcement...