Former Hiscox CEO Masojada Named Chair of SiriusPoint June 2, 2023 SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced the appointment of Bronek Masojada as chair of the company’s Board...
Kansas Insurance Commissioner: No Workers’ Comp Fund Assessment for FY 2024 June 2, 2023 Kansas Insurance Commissioner Vicki Schmidt announced there will not be a Workers Compensation Fund assessment this year. Carriers, pools, and...
Amputation Frees Woman From Collapsed Iowa Building June 2, 2023 By Trisha Ahmed, Erin Hooley and Scott McFetridge DAVENPORT, Iowa (AP) – One moment Lexus Berry and her wife were rushing toward the door of their fourth-floor apartment,...
Former Arizona County Official Who Said Election Deniers Made Work ‘Toxic’ Gets $130K June 2, 2023 A former elections official for a rural Arizona county where leaders have embraced election conspiracy theories has received a $130,000...
Reinsurers Maintain Their ‘Heightened Risk Aversion’ During June 1 Renewals: Report June 2, 2023 Reinsurance rates continued to harden during the June 1 renewals, with risk-adjusted property-catastrophe pricing up 33% on average, according to...
Judge Dismisses Criminal Charges Against PG&E Energy in Fatal California Wildfire June 2, 2023 A California judge dismissed all charges against Pacific Gas & Electric in connection to a 2020 fatal wildfire sparked by...
Billionaire SPAC Kings Dragged to Court After Boom Goes Bust June 2, 2023 By Bailey Lipschultz The unwinding of the blank-check stock frenzy, one of the hottest pandemic-era trends on Wall Street, is playing out its...
ANALYSIS – Breakup of Insurers’ Climate Coalition Driven by U.S. Regulation Fears June 2, 2023 By Tommy Wilkes The success of Republicans in triggering the breakup of a coalition of insurance firms aimed at tackling climate change is...
Survey: 17% of Louisiana Homeowners Lost Coverage in 2022 June 2, 2023 By Ezra Amacher A survey published this week by Louisiana State University (LSU)’s Manship School of Mass Communication found that 17% of residents...
NHTSA to Require Auto Braking on New Vehicles and Set Tougher Standards June 2, 2023 By Tom Krisher The U.S. government’s auto safety agency plans to require that all new passenger cars and light trucks include potentially life-saving...