Travelers, Policyholder Agree to Void Current Cyber Policy August 30, 2022 By Chad Hemenway Travelers and policyholder International Control Services (ICS) jointly filed a stipulation to have a federal court rescind an active cyber...
Boy Scouts Must Change $2.7 Billion Sex Abuse Fund, Judge Rules August 1, 2022 By Steven Church The Boy Scouts of America must adjust their plan to create the biggest sexual abuse compensation fund in the U.S....
Travelers’ Income Drops, but Still Beats Profit Estimates on Record Premium Growth July 22, 2022 Insurer Travelers Cos. Inc. reported a smaller-than-expected fall in quarterly profit on Thursday, as record premium growth cushioned a hit...
Travelers Wants Out of Contract With Insured That Allegedly Misrepresented MFA Use July 12, 2022 By Chad Hemenway In what may be one of the first court filings of its kind, insurer Travelers is asking a district court...
Survey: Broad Support for Renewables, Gap in Climate Change Awareness June 30, 2022 By Don Jergler There is overwhelming public support across the globe for using renewable energy, according to a new survey out from the...
Kansas Court: More Fact-Finding Required in Air Ambulance Case May 17, 2022 By Jim Sams Federal law may prohibit states from regulating prices charged to insurers by air ambulance providers, but that doesn’t absolve the...
Rapid Cyber Premium Growth by Fairfax, Tokio Marine Increased Share of Market May 9, 2022 By Chad Hemenway The top cyber insurance carriers in 2021 shifted to include Fairfax Financial Holdings and Tokio Marine U.S. as the marketplace...
35% of Workplace Injuries Occur During First Year: Travelers May 3, 2022 A new study by Travelers of workers compensation claims found that 35% of injuries occur during employees’ first year on...
Travelers CEO Schnitzer: Loss Costs ‘Challenging as Ever to Predict’ April 20, 2022 By Chad Hemenway In the words of its CEO, there’s a “fair amount to pay attention to” from the first-quarter earnings call of...
Boy Scouts Abuse Settlement Attacked for Preventing Future Lawsuits April 7, 2022 By Steven Church The Boy Scouts of America’s sexual abuse compensation fund should be rejected, a small group of victims say, because the...