Damage From Hurricane Beryl May Cost Insurers $2.7B in US, $510M in Caribbean: KCC July 11, 2024 Insurers in the United States may take a hit of about $2.7 billion from damage caused by Hurricane Beryl, catastrophe...
Elon Musk Beats $500 Million Severance Lawsuit by Fired Twitter Workers July 11, 2024 By Jonathan Stempel Elon Musk won dismissal of a lawsuit claiming he refused to pay at least $500 million of severance to thousands...
Biden Administration Raises FEMA Bar for Flood Resilience July 11, 2024 By Leslie Kaufman The US Federal Emergency Management Agency (FEMA) has finalized a rule mandating that projects built using its funds not only...
3 People Killed by Faulty Replacement Air Bag Inflators in Last 9 Months: NHTSA July 11, 2024 By David Shepardson A U.S. auto safety regulator said on Wednesday that three people have been killed and two seriously injured in the...
Chubb Continues Promotion Spree in North American Operations July 10, 2024 Chubb today announced an additional handful of promotions within its North America insurance operations, with Ana Robic and Ben Rockwell...
People Moves: Gallagher Hires Eaton From Howden for US Cargo Role; Hartford Names Fish Head of Group Benefits, Bassett Global CUO and Head of Reinsurance July 10, 2024 Gallagher Names Eaton Exec Director to Support US Cargo Gallagher appointed of Jonathan Eaton to executive director, responsible for overseeing...
Purdue Pharma Secures Litigation Ceasefire After Supreme Court Ruling July 10, 2024 By Dietrich Knauth Purdue Pharma on Tuesday received U.S. court approval for a 60-day freeze on lawsuits against its owners, members of the...
Insurance Broker TWFG Aims to Raise Up to $176M in IPO July 10, 2024 Insurance broker TWFG, backed by reinsurer RenaissanceRe, said on Tuesday it is aiming to raise as much as $176 million...
Viewpoint: Premium Audits Help Insurers Navigate Regulatory Compliance July 10, 2024 By Robert Sherman Leading carriers and managing general agents (MGAs) are increasingly seeking to assess their premium income via audits to ensure exposures...
Marsh McLennan Agency to Acquire The Horton Group July 10, 2024 Marsh McLennan Agency said it has a definite agreement to buy Illinois-based brokerage The Horton Group, Inc. Terms were not...