Insurer Responsible for Damages After Massachusetts Officer Injured During Training October 26, 2021 By Elizabeth Blosfield Driving a truck too fast and injuring a fellow officer during a firearms training is not within the scope of...
California City Pays $500K to Stroke Victim Arrested for DUI October 26, 2021 A Southern California city will pay $500,000 to settle a lawsuit by a woman arrested for driving under the influence...
Pounding Rain Raises Flash Flood Threat in New York, New England October 26, 2021 By Brian K. Sullivan The powerful storm battering the U.S. Northeast will inundate New York City with lashing rain and possible flash floods through...
Commercial Liability Insurers Face Growing Number of False Claims Act Cases October 26, 2021 By Jim Sams A growing number of False Claims Act investigations combined with recent court decisions that found insurers liable for the cost...
Analysts Say U.S. Labor Shortage Could Last a While October 26, 2021 By Caroline Valetkevitch Labor shortages may be the most intractable of the cost risks that U.S. companies faced in the latest quarter, and...
AIG Announces Senior Leadership Changes; Readies for Life & Retirement Unit Spinoff October 26, 2021 Insurer American International Group announced senior leadership changes that it says strengthen the organization to deliver on its main priorities...
Safety Head Criticizes Tesla Over Its Release of New Self-Driving Software October 26, 2021 By David Shepardson The head of the U.S. National Transportation Safety Board on Monday criticized electric carmaker Tesla Inc.’s decision to provide new...
Global Commercial Insurance Rates Rise 15% in Q3 as Moderation Continues: Marsh October 26, 2021 Global commercial insurance prices increased 15% in the third quarter of 2021, which was the same rate of increase recorded...
UK Financial Regulator Raises No Objection to Bain’s Acquisition of Insurer LV= October 26, 2021 By Huw Jones Britain’s financial watchdog said on Tuesday it won’t stop insurer LV= from proceeding with the disputed sale of its pensions...
Reinsurance Price Increases Support Improving Outlook for Sector: Fitch October 26, 2021 Reinsurers’ plans to continue raising premium rates during the January 2022 renewals are likely to contribute to stronger profitability and...