UK Finance Watchdog Plans on Diversity Targets a ‘Bad Idea,’ Minister Says April 19, 2024 By Huw Jones Plans by Britain’s financial regulator to require firms to set targets for improving diversity could be counterproductive, UK business and...
Time-Tested Loss Reserving Methods Challenged: AM Best April 19, 2024 Reflecting on one of the trends that surfaced as property/casualty insurers announced 2023 financial results recently, AM Best expects reserve...
Uncertainty Keeps Prices Up; No Prior-Year Loss Development: Travelers April 19, 2024 By Susanne Sclafane With its personal lines business benefiting from the impact of rate increases earning into the book, and the commercial lines...
People Moves: Slide Names Powell Sales VP; Garner Moves to Alliant SE April 19, 2024 Tampa-based Slide Insurance has named former Farmers Insurance vice president Charles “Chas” Powell to be senior vice president of sales....
Auto Insurer’s $10M Fraud Claims Against Doctors Are Subject to Arbitration, Court Rules April 19, 2024 A federal appeals court has sided with three chiropractors in ruling that claims under New Jersey’s personal injury protection statute...
People Moves: Risk Strategies Names Newman Private Client Services Leader for West Region April 19, 2024 Risk Strategies named Bryan Newman private client services leader for the West region. He will manage the region’s sales and...
Massachusetts AG Warns AI Systems Subject to Consumer Protection, Anti-Bias Laws April 19, 2024 By Steve LeBlanc Developers, suppliers, and users of artificial intelligence must comply with existing state consumer protection, anti-discrimination, and data privacy laws, the...
Judge Orders Pennsylvania Utility Board to Produce Chocolate Factory Blast Records April 19, 2024 By Michael Rubinkam Pennsylvania utility regulators must turn over inspection records to the National Transportation Safety Board as part of the federal agency’s...
California Lawsuits Say Fertility Operation Destroyed Embryos April 19, 2024 Several lawsuits in California were filed against Ovation Fertility, a large network of fertility clinics, were filed by former patients...
California Sees Two More Property Insurers Withdraw From Market April 18, 2024 By Nadia Lopez California’s already strained property insurance market is facing a new challenge as two more insurers, Tokio Marine America Insurance Co....