Report Says Social Inflation Adds Up to 11% to Physician Malpractice Claims January 25, 2023 By Jim Sams Social inflation accounts for 8% to 11% of all medical malpractice losses for carriers that insure physicians, according to an...
A Class-Action Wave Is Coming for ESG Claims January 25, 2023 By Tim Quinson Lawyers are bracing for an increase in ESG-related cases as corporate disclosure requirements stiffen around the world. A survey by...
Markets/Coverages: kWh Analytics, Aspen Partner on Property for Renewables; Hub Starts People & Tech Consulting; DUAL New Fine Art Program January 25, 2023 kWh Analytics, Aspen Partner on Property Insurance for Renewables kWh Analytics, a leader in climate insurance, announced the launch of...
FDA Proposes New Limits on Lead in Baby Foods January 25, 2023 The U.S. Food and Drug Administration on Tuesday announced new guidance to reduce exposure to lead in processed baby foods....
US Targets Google’s Online Ad Business Monopoly in Latest Big Tech Lawsuit January 25, 2023 By Diane Bartz and David Shepardson The US Justice Department accused Alphabet Inc’s Google on Tuesday of abusing its dominance in digital advertising, threatening to dismantle...
Climate Is Forcing the Most Risk-Aware Industry to Reinvent Itself January 25, 2023 By Akshat Rathi When it comes to climate impacts, the frontline of the finance industry is insurance. Last year’s payout from damages caused...
Auto Insurance Shopping – and Switching – Increases January 24, 2023 By Chad Hemenway Drivers are not only shopping around for auto insurance more than ever, they are switching carriers. According to a quarterly...
At-Bay Acquires Licensed P&C Insurance Carrier January 24, 2023 By Chad Hemenway Managing general agent At-Bay said it has acquired an excess and surplus lines insurer licensed in 44 states from XL...
Q4 Net Income at Travelers Falls 39% January 24, 2023 By Chad Hemenway Travelers Cos. this morning reported fourth quarter net income of $819 million, a decrease of about 39% from $1.3 billion...
DOJ Poised to Sue Google Over Digital Ad Market Dominance January 24, 2023 By Anna Edgerton The US Justice Department is poised to sue Alphabet Inc.’s Google as soon as Tuesday regarding the search giant’s dominance...