Tennessee Chalks Another Drop in Workers’ Comp Loss Costs January 24, 2024 Workers’ compensation loss costs in Tennessee will drop an average of 9.4% for the voluntary market starting March 1, marking...
SEC to Impose Tougher Rules on Blank-Check Deals as SPACs Fizzle January 24, 2024 By Lydia Beyoud Wall Street’s main regulator on Wednesday is set to demand more investor protections for deals involving special purpose acquisition companies,...
3M Begins Payments to Service Members in $6B Earplug Settlement January 24, 2024 (AP) — 3M has started paying out its $6 billion settlement to U.S. service members who say they experienced hearing...
Markets/Coverages: MGA Sands Point Risk Launches With Transaction Liability Practice January 24, 2024 Sands Point Risk, a new managing general agent to be led by the founder of transaction risk solutions at DUAL,...
US Insurers Optimistic, Open to Take More Investment Risk in 2024: Conning January 24, 2024 Most U.S. insurers plan to take on more investment risk in 2024, and said the risks associated with the use...
NFP Buys London-Based Advanced Insurance Consultants Ltd. January 24, 2024 NFP, the insurance broking and consulting firm, announced it has acquired Advanced Insurance Consultants Ltd. (AIC), an independent insurance broker...
Howden Acquires Scottish Broker Laurie Ross January 24, 2024 Howden, the London-based global insurance group, announced the acquisition of Laurie Ross, a personal and commercial lines broker based in...
Red Sea Turmoil Sends Economic Shockwaves Across the Globe January 24, 2024 By Enda Curran, Jana Randow and Alex Longley Two months of missile, drone and hijacking attacks against civilian ships in the Red Sea have caused the biggest diversion...
Electric Vehicles Cost Twice as Much to Insure as Fuel-Burning Cars in UK January 24, 2024 By Jamie Nimmo British drivers have to fork out twice as much to insure electric vehicles as they do for combustion-engine models, adding...
Compared to Prior Quarter, All Commercial Lines Saw Renewal Rate Up in Q4: Ivans January 24, 2024 Ivans Index found the average premium renewal rate increased year-over year for all major commercial lines except workers’ compensation, but...