Florida Windshield Bill Moves Closer to Law; Amendment Allows Managed Repair Plans April 12, 2023 By Insurance Journal Staff Reports Bills that would ban assignment of benefits for windshield repairs moved a step closer to becoming law this week after...
HP Must Face Shareholder Lawsuit Over Sales, Appeals Court Rules April 12, 2023 By Jody Godoy A U.S. appeals court on Tuesday revived a lawsuit alleging HP Inc. defrauded shareholders by secretly using unprofitable tactics to...
Third Point’s Loeb Looks to Take Re/insurer SiriusPoint Private April 12, 2023 Activist investor Daniel Loeb is looking to take insurance firm SiriusPoint Ltd. private, the founder of hedge fund Third Point...
AccuWeather: Storms May Have Delayed California’s Wildfire Season April 12, 2023 The massive rainfall and snow California received this winter will likely delay the upcoming wildfire season for the state –...
Re/insurance MGA Aspect Labs Opens for Business, Backed by Everest Re and AmTrust April 12, 2023 By L.S. Howard Aspect Labs Ltd., the London-based re/insurance managing general agent, has officially opened its doors for business – targeting small-to-mid-market risks...
Dog-Related Injuries Cost Insurers More Than $1 Billion in 2022 April 12, 2023 Insurers paid out more than $1 billion in dog-related injury claims in 2022, a 28% increase over 2021 even though...
U.S. Proposes 56% Vehicle Emissions Cut by 2032, Requiring Big EV Jump April 12, 2023 By David Shepardson The U.S. Environmental Protection Agency (EPA) on Wednesday proposed sweeping emissions cuts for new cars and trucks through 2032, a...
Man Admits Role in Catalytic Converter Theft Ring in Connecticut April 12, 2023 An East Hartford man has pleaded guilty to participating in a stolen catalytic converter trafficking ring. Bryant Bermudez pleaded guilty...
How Insurers Can Harness the Power of AI April 12, 2023 By Elizabeth Blosfield There is a lot of talk about the insurance industry being slower to adopt new technologies, such as artificial intelligence,...
Russia’s Largest Cargo Airline Ordered to Pay Aircraft Lessor BOC Aviation $406.2M April 12, 2023 By Jonathan Stempel /A U.S. judge on Tuesday ordered Russia’s largest cargo airline to pay aircraft lessor BOC Aviation Ltd. $406.2 million after...