Property Insurers’ Ratings Under Pressure as Risk Rises, Morningstar Says July 12, 2023 The credit ratings of global property insurers are coming under pressure as rising reinsurance costs force them to cut back...
Landslide Tears Apart Luxury Homes on Southern California Peninsula July 12, 2023 A landslide tore apart luxury homes on Southern California`s Palos Verdes Peninsula this week, leaving a confused jumble of collapsed...
Florida Boy Dies After Dog Attack, Ahead of New Law That Bars Local Bans on Pit Bulls July 12, 2023 A 6-year-old Florida boy has died after he was attacked by a pit bull-mix dog that lived in the same...
No Liability Coverage Owed for Investor Losses Caused by Blue Bell’s Listeria Outbreak July 12, 2023 By Jim Sams A 2015 Listeria outbreak linked to ice cream sold by Blue Bell Creameries hospitalized 10 people and killed three. While...
Report: Top Emerging Liability Trends in the Professional Services Sector July 12, 2023 Inflation, new technology, evolving legislation and hackers for hire are just a few of the exposures facing professional services firms...
Rain Eases After Flooding Vermont, Other Northeast States But More Expected July 12, 2023 By Lisa Rathke and John Minchillo A storm that left up to two months` worth of rain in Vermont and saturated other parts of the Northeast...
Verlingue Acquires Majority Stake in Italian Broker INSER, Advancing European Strategy July 12, 2023 Verlingue has acquired a majority stake in the insurance broker INSER, in line with its Verlingue 2024 strategic plan to...
People Moves: Aon Names UK Leaders for Reinsurance Solutions; Zurich Announces Key Leadership Roles for APAC Commercial Insurance July 12, 2023 This edition of International People Moves details appointments at Aon and Zurich Insurance. A summary of these new hires follows...
UK Polluters to Face Unlimited Fines to Protect Environment July 12, 2023 Polluters like water or energy companies that befoul UK rivers and seas or spill waste will face unlimited penalties and...
Canada Regulator Proposes Banks, Insurers Hold More Capital to Tackle Mortgage Risks July 12, 2023 Canada’s banking regulator on Tuesday proposed changes to capital adequacy guidelines that would require lenders and mortgage insurers to hold...