Downward trends of DCC ratios are beginning to reverse, which could cause issues for long-tailed lines......
Relm Insurance addressing industry scarcity with employment practices offering
The policy offering expands third-party liability coverage and wage and hour liability....
The policy offering expands third-party liability coverage and wage and hour liability....
Article / 40 minutes ago
Leading Out Loud: Product Liability - CLM
Are new construction materials creating product liability risks? What are those risks? And finally, what should the claims industry do to prepare?...
Are new construction materials creating product liability risks? What are those risks? And finally, what should the claims industry do to prepare?...
theclm.org /
Article / 7 hours ago
Vale, BHP Offer $25B Settlement for Mining Disaster, but Brazil Authorities Want More
Vale, BHP and their joint venture Samarco have presented Brazilian authorities with a settlement proposal related to reparations for the 2015 Mariana tailings dam...
Vale, BHP and their joint venture Samarco have presented Brazilian authorities with a settlement proposal related to reparations for the 2015 Mariana tailings dam...
Article / 8 hours ago
India, Middle East, and Africa rates dip in all major product lines
Insurance rates in the first quarter of 2024 declined 2% in the IMEA region, where rates for large and complex organizations are often driven or influenced by the reinsurance market...
Insurance rates in the first quarter of 2024 declined 2% in the IMEA region, where rates for large and complex organizations are often driven or influenced by the reinsurance market...
Article / 21 hours ago
Casualty insurers to feel more pressure from reinsurers – WR Berkley CEO
Reinsurers are increasingly exerting pressure on casualty and liability insurers due to concerns about social inflation, WR Berkley Corp president and chief...
Reinsurers are increasingly exerting pressure on casualty and liability insurers due to concerns about social inflation, WR Berkley Corp president and chief...
Article / 23 hours ago
Lloyd's of London underwriting improved in 6 of its 8 business lines in 2023
Lloyd's of London reported its best underwriting performance in 16 years in 2023 thanks partly to improvements in all but two of its major business lines....
Lloyd's of London reported its best underwriting performance in 16 years in 2023 thanks partly to improvements in all but two of its major business lines....
Article / 2 days ago
Cox Says Insurers Must Pay For Settled DMCA Suit - Law360
Cox Enterprises Inc. sued two of its insurers this week over allegations they failed to cover the company's more than $15 million in expenses in defending, and ultimately settling, a novel lawsuit
Cox Enterprises Inc. sued two of its insurers this week over allegations they failed to cover the company's more than $15 million in expenses in defending, and ultimately settling, a novel lawsuit
law360.com /
Article / 2 days ago
Today's excess casualty market: elevating to meet the challenge
We hear frequently that today's surplus lines casualty market is remarkably tough. Of course, the reality is that the E&S excess casualty market is always challenging....
We hear frequently that today's surplus lines casualty market is remarkably tough. Of course, the reality is that the E&S excess casualty market is always challenging....
Article / 4 days ago
Amazon wrongly denied comp claim for back surgery: Court
A Delaware judge ruled Thursday that Amazon.com Inc. didn't follow proper guidelines when it denied a claim filed by an injured employee....
A Delaware judge ruled Thursday that Amazon.com Inc. didn't follow proper guidelines when it denied a claim filed by an injured employee....
Article / 4 days ago
Judge declines to dismiss lawsuits filed against rapper Travis Scott over deadly Astroworld concert - AP News
A judge has declined to dismiss hundreds of lawsuits filed against rap star Travis Scott over his role in the deadly 2021 Astroworld festival in which 10 people were killed in a crowd surge.
A judge has declined to dismiss hundreds of lawsuits filed against rap star Travis Scott over his role in the deadly 2021 Astroworld festival in which 10 people were killed in a crowd surge.
apnews.com /
Article / 5 days ago