U.S. Commercial Lines Prices Up 5% in Q3: WTW December 13, 2022 With the exception of directors & officers liability and workers compensation, nearly all lines of business in the U.S. continued...
Georgia City Mayor and Wife Killed in DUI Crash; Other Driver Charged December 13, 2022 A weekend highway crash killed the longtime mayor of a northwest Georgia city and the mayor’s wife, officials said Sunday....
Uninsured Motorist Coverage Does Not Apply to Horse-Drawn Buggy December 13, 2022 By Andrew G. Simpson Delaware courts have never before been asked whether a horse-drawn buggy is a motor vehicle. Now a state court has...
Three Months After Liquidation, FedNat Holding Co. Files Chapter 11 Bankruptcy December 13, 2022 The holding company for the insolvent FedNat Insurance Co. has filed for bankruptcy after an increase in severe weather events...
Generali Raises Projected Profit Boost From Purchase of Cattolica December 13, 2022 Italy’s biggest insurer Generali on Tuesday raised the projected boost to its earnings from last year’s purchase of smaller rival...
Insurers and Turkey Reach Deal to Let Oil Tankers Sail Unhindered: Norway’s Gard December 13, 2022 Norwegian ship insurer Gard said on Tuesday that an agreement had been reached between Turkey and insurers to enable vessels...
Indian Tycoon Birla Weighs Selling Insurance Brokerage Unit: Sources December 13, 2022 By Anto Antony Aditya Birla Capital Ltd., controlled by billionaire Kumar Mangalam Birla, is considering selling its insurance brokerage unit as the group...
FTX Founder Bankman-Fried Arrested in Bahamas at Behest of U.S. Prosecutors December 13, 2022 By Jasper Ward, Luc Cohen and Angus Berwick FTX founder Sam Bankman-Fried was arrested in the Bahamas at the behest of U.S. prosecutors on Monday, the day before...
Russia Insurer Ingosstrakh Has No Plans to Fill Insurance Gap Caused by Sanctions December 13, 2022 Russian insurer Ingosstrakh said on Monday it has no plans to offer policies to new clients who may lose coverage...
Spyware Hacks of Federal Workers Could Run Into Hundreds, Lawmaker Says December 13, 2022 By Katrina Manson A US government probe into how many mobile phones belonging to diplomats and government workers have been infected with spyware...