Financial Services Firms Face Losses of $225B From Variety of Water Risks: Report May 5, 2022 By Simon Jessop and Tommy Wilkes Financial institutions face losses of at least $225 billion from risks related to water, with a third of them doing...
Fidelis Insurance Moves to New London Office May 5, 2022 Fidelis Insurance Holdings Ltd. and its wholly owned UK subsidiaries have moved to new offices in London on the 42nd...
Update: Record $2.7 Billion IPO by India’s Life Insurance Corp. Is Oversubscribed May 5, 2022 The record $2.7 billion initial public offering (IPO) by India’s Life Insurance Corp. (LIC) was oversubscribed on Thursday, helped by...
Markel Co-CEO Whitt to Retire Next Year May 5, 2022 Markel Corporation announced Wednesday that Richard R. Whitt III, co-chief executive officer of Markel, plans to retire by March 31,...
New Hampshire Hotel Damaged by Fire Had Smoke Alarms, Heat Detectors May 5, 2022 Guest rooms at a New Hampshire hotel that was heavily damaged by fire had smoke alarms, in addition to a...
Ouch. Massachusetts Worker Shoulders Burden of Injury Omitted From Lump Sum May 5, 2022 By Andrew G. Simpson A Massachusetts woman who signed a lump sum settlement with her workers’ compensation carrier over a right shoulder injury cannot...
New York City Launches $4M Traffic Safety Campaign May 5, 2022 New York City is launching a $4 million campaign to counter rising traffic accidents and curb dangerous driving behaviors like...
QBE Reports 22% Surge in Q1 Premiums, Expects Hit From Ukraine War May 4, 2022 Australia’s QBE Insurance Group said on Thursday its first-quarter written premiums grew 22% in constant currency terms, as volatility because...
Allstate Q1 Net Income Returns to Black Despite Adverse Auto Results May 4, 2022 By Chad Hemenway First quarter 2022 insurance premiums earned grew 6.5% to about $11 billion at Allstate Corp., as net income was $630...
Iowa Man Pleads Guilty to Insurance Fraud May 4, 2022 D’Alan Thurmond, age 41, of Waterloo, Iowa pled guilty on April 25, 2022, to one count of Presenting False Information,...