Thousands of U.S. banks, including some of the country’s largest lenders, have said they may not participate in the federal...
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COVID-19 could produce a big increase in social inflation, according to A.M. Best. The reason: expectations that businesses will sue...
Doctors and hospitals overwhelmed in the pandemic will have to make their excruciating life-or-death decisions meticulously or they risk being...
The Massachusetts Division of Insurance has approved a 6.8% reduction in the existing overall average workers’ compensation insurance rates for...
Everest Re Group Ltd. has hired Dana Lodge as chief financial officer of Everest Insurance, reporting to Everest Insurance President...
World Insurance Associates LLC (WIA) acquired Mazzotta Insurance Agency of Providence, R.I., on March 1, 2020. Terms of the transaction...
Aon plc, the global re/insurance broker, has enhanced its reinsurer trading portal, ABConnect Placements, to electronically bind treaty placements with...
Lemonade, the New York-based insurer that is powered by artificial intelligence, has launched in a second European country – the...
The fallout from the coronavirus pandemic and tumbling oil prices threaten the earnings of insurers in the Gulf, S&P Global...
Initial insured losses for the floods that hit the UK in February are estimated at £297 million (US$367.8 milion), according...