Swiss Re Nominates New Permanent Chairman to Succeed Ermotti July 12, 2023 The insurer Swiss Re said on Wednesday that it planned to promote its deputy chairman Jacques de Vaucleroy to the...
AXA Weighs Offloading $2B Reinsurance Arm to Cut Exposure to Disasters: Sources July 12, 2023 By David French and Pablo Mayo Cerqueiro One of the world’s top insurers is mulling offloading its property reinsurance business in a bid to cut its exposure...
FDA Classifies Recall of J&J’s Electrosurgical Tools as Most Serious July 12, 2023 The U.S. Food and Drug Administration (FDA) on Tuesday classified the recall of certain electrosurgery tools manufactured by a Johnson...
Appeals Court Revives Lawsuit Against Royal Caribbean Over Toddler’s Death July 12, 2023 By Jonathan Stempel A federal appeals court on Tuesday revived a lawsuit against Royal Caribbean Cruises by the parents of an 18-month-old girl...
Water Damage Exclusions, on the Rise, May Frustrate Insureds but Are OK, Court Says July 12, 2023 By William Rabb A federal appeals court has affirmed a lower court ruling that a Scottsdale Insurance commercial policy for a community center...
$12M in Fines Isn’t Enough to Stop Jersey Shore Town From Bulldozing Its Beach July 12, 2023 By Wayne Parry Not even $12 million worth of fines is enough to stop a Jersey Shore town from bulldozing sand on its...
People Moves: LP Insurance Services in Nevada Names Steelman COO July 12, 2023 LP Insurance Services, headquartered in Reno, Nev., promoted Trinity Steelman to chief operating officer. Founding COO, Joe Wyatt, retired on...
Agent’s Failure to Disclose Dog Comes Back to Bite Homeowner July 12, 2023 By Andrew G. Simpson A Connecticut homeowner who is being sued by a woman who alleges his dog bit her in the face is...
Buggy Driver, 2 Teens Seriously Injured in Pennsylvania Crash Involving Minivan July 12, 2023 A man and two teenagers riding in a buggy pulled by a horse were seriously injured in a crash with...
Farmers Insurance Further Reducing Florida Business July 11, 2023 By William Rabb One month after it announced it would stop writing new homeowner policies in Florida, Farmers Insurance now says it plans...