Trump Posts $91.6M Bond From Chubb Subsidiary in Carroll Case March 8, 2024 By Chad Hemenway Donald Trump secured a $91.6 million bond from insurer Chubb in order to allow the former president to appeal an...
Huge Texas Blaze Shows Power-Line Fires Are a Widespread Threat March 8, 2024 By Mark Chediak, Will Wade and David R. Baker Massive wildfires sparked by power lines used to be a California problem, one many utility executives considered safely confined to...
Meta Seeks Dismissal of Shareholder Suit Alleging Failure to Address Human Trafficking March 8, 2024 By Randall Chase Attorneys for Meta Platforms and several of its current and former leaders, including founder Mark Zuckerberg, are asking a Delaware...
US Treasury Drops Plan to Collect Insurer Data on Climate Risks March 8, 2024 The US government is stepping away from its effort to collect data on home insurance prices and availability at the...
Liberty Mutual Execs See Q4 Momentum as 2023 Income Falls March 8, 2024 By Susanne Sclafane Although Liberty Mutual reported worse underwriting results and lower net income in 2023 compared to the prior year, executives pointed...
Former AIG Execs Launch E&S Company Dellwood Group for Small/Middle Sized Risks March 8, 2024 Two former executives with American International Group (AIG) have launched a nationwide excess and surplus lines (E&S) insurance holding company....
Justice Department to Offer More Rewards to Corporate Whistleblowers March 8, 2024 By Karen Freifeld and Chris Prentice The U.S. Justice Department is expanding its whistleblower program to coax more tipsters to disclose corporate misconduct by offering monetary...
Booming Stock Market Leads to Higher US Household Wealth March 8, 2024 U.S. household wealth rose to a record of roughly $156.2 trillion at the end of 2023 thanks to a surging...
People Moves: Aon Names Ahmed and Von Obstfelder Risk Analytics Product Leaders; Tokio Marine N. America’s Angelson Named C-Level Leader for Global Insurance Group March 8, 2024 Aon Names Ahmed and Von Obstfelder as Advanced Risk Analytics Product Leaders Aon plc, headquartered in London, named to new...
US Commercial Lines Survey Shows Aggregate Increase of 6.6% in Q4: WTW March 7, 2024 U.S. commercial insurance prices increased 6.6% in the fourth quarter 2023, with “intriguing shifts” in some coverage areas, according to...