Rise in Texas Crop Insurance Payouts Driven by Drought June 6, 2024 By Dylan Baddour and Alejandra Martinez, The Texas Tribune The financial costs of drought in Texas have risen rapidly over recent decades, according to a new analysis of federal...
Tech Update: USI’s Tech-Enabled Risk Control Platform; Baldwin Group Starts API-Connected Cyber Placements; AI-Based Workers Comp Fraud Detection at CLARA June 6, 2024 USI Insurance Services (USI) announced the launch of PATH (patent pending), a proprietary technology-enabled risk control platform for clients. The...
Maui Council to Study Impacts of Eliminating 7,000 Vacation Rentals June 6, 2024 By Cammy Clark Blue Cleaning, a small business in West Maui that spruces up 27 vacation rentals, survived the sharp decline in tourists...
Brazilian Butt Lift Clinics Must Now Carry Liability Insurance Under New Florida Law June 6, 2024 Practitioners of Brazilian butt lift surgery, repeatedly in the news after infections and at least two patient deaths in south...
People Moves: Chubb Promotes Kirk as Division President of Chubb Global Markets; Everest Re Promotes Doshi to Head of North America Treaty Casualty June 6, 2024 This edition of International People Moves details appointments at Chubb and Everest Re. A summary of these new hires follows...
Rhode Island Bars Auto Insurers From Hiking Rates on Widows and Widowers June 6, 2024 A new Rhode Island law prohibits auto insurers from charging policyholders more solely because they have been widowed. The new...
Safety Dangers From Sanctioned Tanker Fleet Growing, Ship Manager Says June 6, 2024 By Jonathan Saul Safety dangers are growing from aging and unregulated vessels, leading ship management firm V.Group told Reuters, adding it had stopped...
Social Inflation Fix: Insurers Can’t Be Out Front, Chubb’s Greenberg Says June 6, 2024 By Susanne Sclafane Although insurers can help to stop the growth of social inflation, they can’t lead the effort, an industry executive said...
Lloyd’s Opening Miami Office to Support Growth in Latin America and Caribbean June 6, 2024 Lloyd’s, the re/insurance marketplace, is opening an office in Miami from Sept. 1, 2024, with an aim to strengthen its...
Should Judge Recuse Himself From Case Involving His Own Insurer? June 6, 2024 By Andrew G. Simpson Liberty Mutual Insurance is pushing for a federal judge in New Jersey to recuse himself from a construction insurance case...