CNA Financial Misses Profit Estimates on Higher P/C Catastrophe Losses July 31, 2023 Insurer CNA Financial missed second-quarter profit estimates on Monday, as wider catastrophe losses in its property and casualty (P&C) segment...
Q2 Net Income Up 23% at The Hartford, Bolstered by Commercial Lines July 31, 2023 The Hartford said second quarter net income was $542 million, an increase of 23% compared with the same period a...
Global Insurance Prices Continue to Moderate in Q2 With Exception of Property: Marsh July 31, 2023 Global commercial insurance pricing rose 3% in the second quarter of 2023, down from 4% in Q1, according to Marsh,...
Update: Burning Car Carrier Off Dutch Coast Towed Away From Shipping Lanes July 31, 2023 A burning car carrier off the Dutch coast has been towed to a new location away from shipping lanes as...
Extreme Weather Risks May Make Parts of the World ‘Uninsurable’ July 31, 2023 By Rodrigo Orihuela and Anna Edwards Soaring global temperatures may make large parts of the world “uninsurable,” according to Spain’s largest insurance firm. Climate change “has...
Ford Recalls 870,000 F-150 Trucks Over Unexpected Parking Brake Activation July 31, 2023 By David Shepardson Ford Motor said Friday it is recalling 870,000 F-150 trucks in the United States because of the risk of an...
J&J Effort to Resolve Talc Lawsuits in Bankruptcy Fails a Second Time July 31, 2023 By Dietrich Knauth A U.S. judge on Friday shot down Johnson & Johnson’s second attempt to resolve tens of thousands of lawsuits over...
SC Judge OKs $15M Insurance Payout for Store that Sold Beer to Underage Murdaugh July 31, 2023 A South Carolina judge A judge has signed off on a $15.5 million settlement for the family of Mallory Beach,...
Ways to Mitigate Mobile Home Wind Damage Often Ignored, Even as Deaths Rise July 31, 2023 Rolling Fork, Mississippi (AP) — Many were not just killed at home. They were killed by their homes. Angela Eason...
Florida Citizens’ Board Approves $36M for New and Improved Clearinghouse Platform July 31, 2023 By William Rabb Florida insurance agents will soon be able to access a new online clearinghouse platform designed to make it easier to...