Climate Change Speeds Up as Major Indicators Blow Off the Charts, WMO Warns March 20, 2024 By Laura Millan All the major indicators of climate change smashed historic records last year, with some rising so steeply that the United...
Marsh: Transactional Risk Insurance ‘Remained Resilient’ in 2023 March 20, 2024 Despite a drop in the total number of global mergers and acquisitions, demand for transactional risk insurance “remained resilient” in...
Markets/Coverages: CFC Introduces Carbon Delivery Insurance Policy March 20, 2024 Specialty insurer CFC announced its entry in the carbon insurance market with the launch of a groundbreaking new product. CFC...
Expert: ‘Unceasing Onslaught’ of Legal Ads Worth Insurance Industry Attention March 20, 2024 By Allen Laman Often alarming, misleading or just plain annoying — when mass tort lawsuit advertisements pop on a TV screen, many consumers...
Homeowners Insurance Customer Satisfaction at 7-Year Low March 20, 2024 With 28 catastrophic weather events in 2023 causing nearly $93 billion in damage, customer service satisfaction plunged to a seven...
Bankrupt Crypto Lender Genesis to Pay $21M to Settle SEC Charges March 19, 2024 By Chris Prentice Genesis Global Capital LLC has agreed to pay a $21 million civil fine to settle charges that it illegally sold...
Underwriters’ Dilemma: Is AI a Cyber or Tech E&O Risk? March 19, 2024 By Elizabeth Blosfield When it comes to artificial intelligence, more questions than answers keep underwriters from venturing into the space and lead to...
NAIC Names Bay State Insurance Commissioner as CEO March 19, 2024 The National Association of Insurance Commissioners over the weekend announced Massachusetts Insurance Commissioner Gary D. Anderson as the organization’s chief...
Former Markel Group CEO Kirshner, 88, Dies March 19, 2024 Former Markel Group CEO Alan Kirshner, died on March 17, said the company. He was 88 years old. The Richmond,...
Ferrari Sued for Failing to Fix ‘Life-Threatening’ Brake Defect March 19, 2024 By Robert Burnson Ferrari NV was accused in a US lawsuit of failing to fix a “dangerous safety defect” with the brakes in...