RLI Bullish on Southeast Property Insurance Market as Others Exit July 22, 2022 By Susanne Sclafane RLI Corp. has been hiring teams of property insurance professionals as the specialty insurer embraces opportunity in the southeastern U.S....
Most Commercial Insurance Renewal Rate Changes Remain Up: Ivans Index July 22, 2022 Premium renewal rate changes for all major commercial lines of business increased year over year with the exception of the...
Judge Says Remington’s Gun Injury Settlement for Child Lacks Sufficient Information July 22, 2022 By Andrew G. Simpson A federal judge in Pennsylvania has declined to approve a settlement between gunmaker Remington Arms and a parent of a...
Allianz Notes Rising Business Interruption Costs in Global Claims Report July 22, 2022 The number of contingent business-interruption claims more than tripled in 2021 as a deep freeze in Texas shut down much...
Luton Airport Runway Meltdown Shows That Airports Are Vulnerable to Climate Change July 22, 2022 By Jamie Freed The temporary disruption at London’s Luton Airport on Monday when soaring temperatures caused a small section of the asphalt to...
Two 100+ Years Old New Hampshire Agencies Merge July 22, 2022 Two long-time New Hampshire insurance agencies— The Insurance Center based in Claremont and McCrillis & Eldredge in Newport— announced that...
Older and Younger Executives Disagree About Remote Work Arrangements July 22, 2022 By Matthew Boyle Bosses and workers rarely agree on what matters when it comes to the future of work. But there’s division even...
Beazley’s H1 Profits Drop but Full-Year Outlook Rises on Cyber Premium Growth July 22, 2022 Lloyd’s of London insurer Beazley on Friday reported first-half profits fell on hits to its investment portfolio from market volatility,...
Travelers’ Income Drops, but Still Beats Profit Estimates on Record Premium Growth July 22, 2022 Insurer Travelers Cos. Inc. reported a smaller-than-expected fall in quarterly profit on Thursday, as record premium growth cushioned a hit...
Boston Police Unions Challenge Rules on Use of Force July 22, 2022 By Mark Pratt Two police unions in Boston want to roll back limits on when they can use tear gas, pepper spray and...