Delay in Upping Its Claims Offer Could Cost AIG, Federal Appeals Court Says August 6, 2025 By Andrew G. Simpson AIG could pay dearly for refusing to budge on a claim settlement offer of $2.65 million for nearly a year...
Mayo Clinic Sued for Allegedly Forcing Security Guard to Get Vaccination August 5, 2025 The Mayo Clinic violated federal law when it refused to grant a security guard’s request for a reasonable religious accommodation...
Hacked Columbia University Data Includes Banking Numbers, GPAs August 5, 2025 By Cameron Fozi The financial information and academic performance of Columbia University students and alumni were stolen in a recent breach, according to...
Lemonade Posts Another Quarterly Loss but Car Growth Continues August 5, 2025 By Chad Hemenway Insurtech Lemonade reported a second quarter 2025 net loss of about $44 million compared with a loss of $57.2 million...
‘Soft Market Under Stress’ Offers Unique Window of Opportunity for Insurance Buyers August 1, 2025 A buyer-friendly competitive commercial insurance market is likely to be short-lived, according to a new analysis of second-quarter 2025 market...
Server Says Woman Is Responsible for Own Death for Driving Drunk After Wine Tasting July 31, 2025 By Andrew G. Simpson A woman who died in a car accident while driving intoxicated after a company-mandated wine tasting was responsible for her...
Verisk’s $2.35B Buy of AccuLynx ‘Natural Fit’ for Claims Management Solutions July 30, 2025 By Chad Hemenway Insurance data analytics and technology firm Verisk said it has an agreement in place to acquire AccuLynx, a software-as-a-service platform...
Demotech’s Petrelli Responds to WSJ Article. Others Say it Echoes Old Concerns July 30, 2025 By William Rabb Reactions to a recent Wall Street Journal article, which faulted the Demotech rating agency for giving top marks to a...
Insurer Can’t Sue for Unjust Enrichment by Deceptive Insured, Appeals Court Says July 28, 2025 By William Rabb A decision by a federal appeals court last week shows what limited options insurance carriers have when they discover major...
Allianz Life Says Majority of US Customers’ Data Stolen in Hack July 28, 2025 U.S. insurance giant Allianz Life said on Saturday that hackers stole the personal information of the majority of its customers,...