Property Leads Q1 Commercial Insurance Price Increases: WTW CLIPS June 14, 2023 Commercial property insurance, with double-digit first quarter price increases, led other lines of businesses tracked by WTW’s Commercial Lines Pricing...
Court Agrees to Postpone One Lindberg Trial While Bribery Case is Retried June 14, 2023 By Insurance Journal Staff Reports Embattled North Carolina insurance magnate and businessman Greg Lindberg won’t have to face two criminal trials in the same year,...
Cyber Insurance Premiums Surge by 50% as Ransomware Attacks Increase June 14, 2023 By Marnie Muñoz US cyber insurance premiums surged 50% in 2022 as increased ransomware attacks and online commerce drove demand for coverage. Premiums...
Stellantis Recalls Over 354,000 Jeeps Worldwide June 14, 2023 Stellantis is recalling more than 354,000 Jeeps worldwide because the rear coil springs can fall off while they’re being driven....
$2M Insurance Policy in Effect for Hawaii Coral Reefs in Time for Hurricane Season June 14, 2023 An environmental group has a $2 million insurance policy on Hawaii’s coral reefs, which is in effect in time for...
California Restaurants Offered Priest to Extract Confessions of Workplace ‘Sins’ June 14, 2023 Federal wage and hour investigators say a northern California restaurant attempted to use an alleged priest to get employees to...
Connecticut Man Pleads Guilty to Role in Catalytic Converter Theft Ring June 14, 2023 The U.S. Attorney for Connecticut reports that a New Britain man has pleaded guilty to participating in a stolen catalytic...
London Court Orders UK-Registered Firm to Pay More Than $1M to Beirut Blast Victims June 14, 2023 By Maya Gebeily A London court has ordered a British-registered company to pay more than 800,000 pounds ($1 million) in damages to victims...
North Korean Hackers Stole $100 Million in Recent Cryptocurrency Heist: Analysts June 14, 2023 By Raphael Satter North Korean hackers stole more than $100 million worth of digital currency in a recent heist affecting users of the...
UN Secures Insurance Coverage to Salvage Rusting Oil Tanker off Coast of Yemen June 14, 2023 By Samy Magdy The United Nations Development Programme (UNDP) announced the successful binding of insurance coverage for the mission coordinated by the United...