Louisiana Commissioner Directs Insurers to Talk to Policyholders as Hurricane Ida Claims Deadline Looms July 21, 2023 By Jim Sams A day after the Louisiana Supreme Court announced that it is lifting a stay on hurricane-damage lawsuits filed by McClenny...
Specialty P/C Insurers Outperform Their U.S. Peers: Report July 21, 2023 By L.S. Howard U.S. property/casualty insurers that focused on difficult to place risks distanced themselves from their peers in key metrics measuring earnings,...
Florida Insurers Have Until Aug. 1 to Show They Have Proper Claims Manuals, OIR Says July 21, 2023 Florida property insurers now have a week to attest that they have and use claims-handling manuals that reflect industry practices...
Tropical Storm Calvin Passed Over Hawaii, Leaving Minor Flooding in Its Wake July 21, 2023 By Audrey McAvoy Tropical Storm Calvin brought high surf, heavy rain and gusts to parts of Hawaii`s Big Island on Wednesday, only inflicting...
Tennessee Firefighter Dead, 3 Others Hospitalized After Trapped in Burning House July 21, 2023 A Tennessee firefighter died and three others were hospitalized after they became trapped while battling a house fire late Tuesday,...
Jury Awards Florida Girl Burned by McNugget $800,000 in Damages July 21, 2023 A South Florida jury awarded $800,000 in damages to a little girl who received second-degree burns when a hot Chicken...
Markets/Coverages: HUB International Launches Platform to Manage Insurance Needs of Franchisors, Fanchisees July 21, 2023 HUB International Ltd. (HUB), the Chicago-based insurance brokerage and financial services firm, announced the launch of HUB Franchise Insurance Solutions,...
Microsoft Hit With EU Antitrust Complaint by German Rival Over Bundling of Teams App July 21, 2023 By Foo Yun Chee Microsoft was hit with an EU antitrust complaint by German rival alfaview on Thursday, the second so far over its...
Coastal Construction, Rising Replacement Values Contribute to Costly Hurricane Claims July 21, 2023 Insured losses from hurricanes have risen steadily over just the past 15 years, with nine of the 10 costliest hurricanes...
New York City Agrees to Pay $13M to Settle Suits Over Arrests of 2020 Protesters July 21, 2023 By JAKE OFFENHARTZ New York City has agreed to pay more than $13 million to settle a civil rights lawsuit brought on behalf...