J.D. Power: Rising Premiums Tighten Auto Insurance Market as Customers Shop Deals April 28, 2023 State Farm Tops List of Large Insurers Providing Satisfying Shopping Experience, While The Hartford Ranked Highest Among Midsize Insurers Saving...
People Moves: Howden Appoints Marsh’s Howell for Multinational Client Practice; BMS Re Hires Soria as Head of New Business Solutions, Co-head of Casualty April 28, 2023 This edition of International People Moves details appointments at Howden and BMS Re. A summary of these new hires follows...
Insured Losses for Southeast Australia Floods of October 2022 Rise to A$907M: PERILS April 28, 2023 Insured losses for floods that hit Southeast Australia in October 2022 have risen to A$907 million (US$600.2 million), according to...
Markets/Coverages: Swiss Re, Insurtech Benekiva Partner to Offer L&H Claims Solution April 28, 2023 Swiss Re Reinsurance Solutions has formed a strategic partnership with Benekiva to offer an end-to-end digital claims management solution. The...
Mental Ill Health Drives Britain’s Crisis of Worker Sickness: Research April 28, 2023 Mental ill-health is now the main cause of sickness absence from work in the UK, costing employers billions of pounds...
Q1 Net Income Up 21% at The Hartford but Personal Lines Unprofitable April 28, 2023 By Chad Hemenway The Hartford Financial Services reported first quarter 2023 net income of $535 million, nearly a 21% increase over $443 million...
What Are the Green Guides and Can They Stamp Out ‘Greenwashing’? April 28, 2023 By Valerie Volcovici The U.S. Federal Trade Commission (FTC) will weigh major changes for the first time in a decade to its Green...
Rising Oil Prices Complicate Russian Price Cap Checks for Insurers April 28, 2023 By Alex Longley Key figures in the insurance industry said rising Russian oil prices are making it harder for them to know if...
Extreme Weather Is Nearly Universal Experience: Poll April 28, 2023 By Hannah Fingerhut An overwhelming majority of people in the U.S. say they have recently experienced an extreme weather event, a new poll...
Florida Insureds Can’t Force Interest on Late Claims Payments, Courts Say April 28, 2023 By William Rabb Two back-to-back federal court decisions may have dealt a lethal blow to recent proposed class actions that sought interest on...