US Home Insurers Post Net Combined Ratio Over 110: S&P May 23, 2024 The U.S. homeowners insurance segment posted its worst underwriting results in over a decade in 2023, according to an analysis...
New York’s High Court Upholds Insurance Mandate for Medically Necessary Abortions May 23, 2024 New York can continue to require companies with health insurance plans to cover medically necessary abortions, the state’s highest court...
SEC Fines NYSE Parent Intercontinental Exchange $10M Over Cyber Incident May 23, 2024 The company that runs global financial exchanges and clearing houses has agreed to a $10 million fine to settle charges...
New Cars in California Could Alert Drivers for Breaking The Speed Limit May 23, 2024 By Adam Beam California could eventually join the European Union in requiring all new cars to alert drivers when they break the speed...
UK’s Aviva Posts 16% Rise in Q1 General Insurance Premiums May 23, 2024 Aviva posted a 16% rise in general insurance gross written premiums to 2.7 billion pounds ($3.44 billion) in the first...
People Moves: Canopius Names Haste Group Chairman as Watson Steps Down May 23, 2024 Canopius, the global specialty and property/casualty re/insurer, announced it has appointed Andy Haste as its new group chairman with effect...
Axis Insurance Managers Acquires Canadian Broker Magnes Group May 23, 2024 Axis Insurance Managers Inc., the Vancouver, Canada-headquartered brokerage, announced it has acquired The Magnes Group Inc. Axis Insurance said it...
These Flight Routes Suffer the World’s Worst Turbulence May 23, 2024 By Angus Whitley The deadly turbulence on a Singapore Airlines Ltd. flight on its way from London to Singapore has put a spotlight...
Markets/Coverages: Lockton Caribbean & Central America Launches Food, Agriculture & Beverage Broking Practice May 23, 2024 Lockton Caribbean & Central America (CCA) announced the launch of CCA FAB, the insurance broking industry’s first Food, Agriculture &...
Travel Insurance ‘Will Likely’ Cover Injuries Sustained in Singapore Airlines Incident: ABI May 23, 2024 Travel insurance policies “will likely” cover injuries sustained by aircraft turbulence, but policies may vary, the Association Of British Insurers...