Britain’s Financial Conduct Authority Must Act Faster: National Auditor Report December 8, 2023 By Huw Jones Britain’s Financial Conduct Authority (FCA) can take too long to act and a sweeping post-Brexit internal revamp to make it...
People Moves: Newbold Named President of Verisk Extreme Event Solutions; Rudnick Division Manager of FM Global’s AFM December 8, 2023 Verisk, headquartered in Jersey City, N.J., named Rob Newbold president of Extreme Event Solutions. Current President Bill Churney will retire...
US, UK Say Russia Targeted Officials in Political Cyber Campaign December 8, 2023 By Ellen Milligan, Ryan Gallagher and Katrina Manson The US and UK have launched a coordinated effort to disrupt a longtime alleged Russian government hacking campaign aimed at...
Florida Weekly Wage and Max Workers’ Comp Benefit See Biggest Jump Since 1980 December 8, 2023 By Insurance Journal Staff Reports The Florida Division of Workers’ Compensation has released the maximum weekly wage benefit for 2024 and it’s the largest two-year...
Judge Gives Early Nod to GEICO’s $5M Settlement in Georgia Class Action December 8, 2023 By Insurance Journal Staff Reports GEICO Indemnity Co. has agreed and a federal court in Georgia has given approval to a preliminary settlement of $5.1...
Travelers Wins CGL v. E&O Battle in Insurance Agency Defamation Case December 8, 2023 By Andrew G. Simpson Travelers Casualty Insurance Co. did not owe a duty to defend or indemnify its insured, CBIZ Borden-Perlman Insurance Agency, Inc.,...
Two Charged in 40 Crimes Including Thefts of 16 Luxury Cars Worth $1 Million December 8, 2023 Massachusetts Attorney General Andrea Joy Campbell announced indictments against two men for a total of 50 crimes including thefts of...
Regulatory Battles In Personal Lines Ahead; Allstate May Drop Customers December 8, 2023 Analysts from Standard & Poor’s predicted this week that while personal auto results are starting to stabilize, the continued push...
People Moves: Standard Lines Services Names Lakey as Division Leader December 7, 2023 Standard Lines Services named Joshua Lakey division leader. Standard Lines Services is a division of Graham-Rogers Insurance, based in Bartlesville,...
WCRI: Wisconsin’s Medical Payments per Claim Remain Stable but Highest Among 17 States December 7, 2023 Medical payments for treatment of injured Wisconsin workers were the highest of 17 study states, according to a recently released...