AXIS Capital Sponsors First Cyber-Catastrophe Bond Issued in Public Debt Markets November 29, 2023 By Gautam Naik For the first time, a cyber-catastrophe bond has made its way into public debt markets. Long Walk Reinsurance Ltd. issued...
LexisNexis: Auto Insurance Shopping Slows but Still Remains Elevated November 29, 2023 By Allen Laman For the first time in more than a year, overall U.S. auto insurance shopping growth registered as ‘cool’ on the...
Chubb Survey of Middle-Market Brokers Finds Lack of Awareness of Flood Risk November 29, 2023 Though the risk of flooding is undeniable, a survey by Chubb of brokers with middle-market commercial clients revealed just 16%...
Florida Appeals Court Says Pre-Suit Notice Requirement Not Retroactive November 29, 2023 By William Rabb When Florida lawmakers approved Senate Bill 76 in 2021, requiring a 10-day notice before suits are filed against insurers, it...
Lawsuit Blames Negligence by Plant Owner, HVAC Contractors for Cannabis Worker’s Asthma Death November 29, 2023 By Andrew G. Simpson A lawsuit has been filed over what has been identified as the cannabis industry’s first asthma workplace death. The mother...
Sandy Hook Families Offer to Settle Alex Jones’ $1.5 Billion Debt for $85 Million November 29, 2023 By Dave Collins Sandy Hook families who won nearly $1.5 billion in legal judgments against conspiracy theorist Alex Jones for calling the 2012...
People Moves: Alliant in California Names Khalaf SVP November 29, 2023 Alliant Insurance Services, headquartered in Irvine, Calif., hired Martin Khalaf as senior vice president within its Alliant Americas division. Khalaf...
Buffett Gave Tribute to Partner and Friend Munger in Latest Annual Report November 29, 2023 Warren Buffett’s Berkshire Hathaway released a brief statement late Tuesday announcing the death of Vice Chair Charlie Munger but the...
Jewish Groups Sue UC Berkeley Over ‘Unchecked’ Antisemitism November 28, 2023 By Jonathan Stempel The University of California, Berkeley was sued on Tuesday by Jewish groups who said it has become a hotbed of...
Charlie Munger, Who Helped Buffett Build Berkshire, Dies at 99 November 28, 2023 By Noah Buhayar Charles Munger, the alter ego, sidekick and foil to Warren Buffett for almost 60 years as they transformed Berkshire Hathaway...