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Casualty insurers to feel more pressure from reinsurers – WR Berkley CEO

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 / 11 days ago

Litigation funding 'toxic soup' gets a watering down

Litigation funding 'toxic soup' gets a watering down

As TPLF deals contract, funders say insurance brokers are getting in on the action...

As TPLF deals contract, funders say insurance brokers are getting in on the action...

Article / 26 days ago

Bill to open "floodgates of litigation" against insurers

Bill to open "floodgates of litigation" against insurers

Warning comes as APCIA calls for legislation's veto...

Warning comes as APCIA calls for legislation's veto...

Article / 2 months ago

Casualty comes back to bite

Casualty comes back to bite

Casualty has eaten into 2023 insurer results, as carriers experience adverse reserving pressure in a post-pandemic landscape....

Casualty has eaten into 2023 insurer results, as carriers experience adverse reserving pressure in a post-pandemic landscape....

Article / 3 months ago

Uber, Lyft join call to clamp down on third-party litigation funding

Uber, Lyft join call to clamp down on third-party litigation funding

Ride-hailing giants Uber and Lyft have joined a coalition of New York community groups, business interests and social justice organizations in a push to reform the third-party...

Ride-hailing giants Uber and Lyft have joined a coalition of New York community groups, business interests and social justice organizations in a push to reform the third-party...

Article / 3 months ago

Insurers must consider how far coverage will extend – lawyer

Insurers must consider how far coverage will extend – lawyer

Speaker focuses in on reducing exposure to personal injury risks in tort of negligence...

Speaker focuses in on reducing exposure to personal injury risks in tort of negligence...

Article / 7 months ago

Court rules in favour of London P&I Club in oil spill case against Spain

Court rules in favour of London P&I Club in oil spill case against Spain

Decision comes following last year's judgment of the EU Court of Justice...

Decision comes following last year's judgment of the EU Court of Justice...

Article / 7 months ago

Ex-owners of broker AFL told to pay millions over fraud

Ex-owners of broker AFL told to pay millions over fraud

Directors misused client money and made misrepresentations to buyer, judge finds...

Directors misused client money and made misrepresentations to buyer, judge finds...

Article / 8 months ago

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Carlyle calls for investigation into aviation insurers over Russia confiscation claims

Carlyle calls for investigation into aviation insurers over Russia confisca...

Investment manager Carlyle Aviation Partners has escalated its concerns over aviation insurance industry ...

Enstar confirms data breach incident

Enstar confirms data breach incident

Global insurance group Enstar has reported a data security breach impacting the privacy of certain stored...

Cost-cutting driving a wedge between insurers and their legal counsels – AM Best

Cost-cutting driving a wedge between insurers and their legal counsels – AM...

Despite becoming increasingly entangled in legal battles, insurers are becoming more at odds with their d...

Property insurer, reinsurance brokerage sued for fraud

Property insurer, reinsurance brokerage sued for fraud

Investment group claims it was defrauded of $65 million by liquidated insurer Lighthouse and the former T...

European M&A activity reached new highs in Q1 – Marshberry

European M&A activity reached new highs in Q1 – Marshberry

The previous year witnessed unprecedented mergers and acquisitions (M&A) activity in the European insuran...

How will the Baltimore bridge collapse affect US insurers' profits?

How will the Baltimore bridge collapse affect US insurers' profits?

Despite the anticipated surge in claims stemming from the Baltimore bridge collapse, the profitability of...

How many hours are employees saving due to gen AI?

How many hours are employees saving due to gen AI?

'Most respondents view a potential employer's decision to provide access to gen AI tools favourably'...

Insurance industry must prepare for demise of non-competes, despite legal challenges to FTC rule

Insurance industry must prepare for demise of non-competes, despite legal c...

It didn't take long for the U.S. Chamber of Commerce to try to block a sweeping regulation that...

RSA and CNA settle with Excel in BI case – reports

RSA and CNA settle with Excel in BI case – reports

Insurers RSA and CNA have reportedly settled with the owner of exhibition space ExCel London following th...

What next for Florida insurance rates?

What next for Florida insurance rates?

Florida, reinsurers and what comes next for the sunshine state...

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