Oregon Hemp Plant Fire Injures 5, Town Temporarily Evacuated November 23, 2022 A small town in central Oregon was evacuated and five people were hurt due to a hemp manufacturing plant fire...
NAIC Adds ‘Deep Concerns’ to FIO Bid to Collect Climate Change Data From Insurers November 23, 2022 By Chad Hemenway In a letter to the Treasury’s Federal Insurance Office, the National Association of Insurance Commissioners expressed its “deep concern” over...
Q3 Combined Ratio for U.S. P/C Industry Highest in 5 Years November 23, 2022 The U.S. property/casualty industry posted a combined ratio of about 106.6 in the third quarter – the highest in five...
Lindberg’s Investment Firm Objects to Liquidation of His Former Insurance Companies November 23, 2022 An investment group founded by embattled insurance executive Greg Lindberg has filed an objection to North Carolina regulators’ plan to...
Property Cat Reinsurance Rates Likely to Rise by More Than 10% in January Renewals November 23, 2022 Reinsurance rates for property catastrophe business should increase by well over 10% when contracts are renewed in January 2023, according...
Could Recent NotPetya Case Outcomes Pressure Insurers to Reword War Exclusions? November 23, 2022 By Elizabeth Blosfield With recent news of multinational food and beverage company Mondelez International settling its lawsuit against its insurer Zurich American Insurance...
New York Expects Lifting of Deadline to Bring Wave of Claims by Adult Sex Abuse Survivors November 23, 2022 By Michael Hill Sexual assault victims in New York will get a one-time opportunity to sue over their abuse starting Thursday, under a...
Widow Asks $55M From NCAA for Football Player’s Death November 23, 2022 By Brian Melley Attorneys asked a jury Monday to award $55 million to the widow of a former USC football player, in a...
Is Britain Starting to Have Second Thoughts About Brexit? November 23, 2022 By Ellen Milligan, Alex Wickham and Philip Aldrick Even after years of division and vitriol, it seems like Britain still needs to talk about Brexit. More than six...
Ardonagh Group to Buy Australian Insurance Investment, Distribution Firm Envest November 23, 2022 The Ardonagh Group, the London-based independent insurance distribution platform, announced it has agreed to acquire Envest Pty Ltd., an Australian...