Mergers and acquisitions among insurance brokers and agents declined 18% in the first quarter, falling to...
Chinese cargo owners face losses after bridge collapse
According to an insurance specialist from a shipping firm, Chinese cargo owners could face substantial financial risks after the Singapore-flagged container vessel Dali recently collided with...
According to an insurance specialist from a shipping firm, Chinese cargo owners could face substantial financial risks after the Singapore-flagged container vessel Dali recently collided with...
Article / 20 days ago
Bridge collapse could spur waves of coverage litigation
Coverage disputes stemming from the March 26 collapse of the Francis Scott Key Bridge in Baltimore after it was hit by the container ship Dali will come in waves, legal experts say, with...
Coverage disputes stemming from the March 26 collapse of the Francis Scott Key Bridge in Baltimore after it was hit by the container ship Dali will come in waves, legal experts say, with...
Article / 25 days ago
Casino's COVID coverage dispute headed to trial
A Las Vegas casino's fight with an FM Global unit over coverage for losses caused by the COVID-19 pandemic will head to trial after a federal judge denied the insurer's bid for summary judgment on...
A Las Vegas casino's fight with an FM Global unit over coverage for losses caused by the COVID-19 pandemic will head to trial after a federal judge denied the insurer's bid for summary judgment on...
Article / 25 days ago
Heat-related claims rise with climate change
Rising temperatures are causing problems for workers in industries such as construction, warehousing and transportation, and heat-related workers compensation claims are...
Rising temperatures are causing problems for workers in industries such as construction, warehousing and transportation, and heat-related workers compensation claims are...
Article / 26 days ago
Editorial: Healthy diet forms core of recovery
Claims professionals have done much to restrain workers comp costs over the past several years. Early reporting of claims, return-to-work programs, building safety cultures, closely monitoring...
Claims professionals have done much to restrain workers comp costs over the past several years. Early reporting of claims, return-to-work programs, building safety cultures, closely monitoring...
Article / 26 days ago
Axa doesn't expect ‘material' group losses from bridge collapse
Axa SA said Thursday it does not expect losses from the collapse of Baltimore's Francis Scott Key bridge after it was struck by a container ship to be material at...
Axa SA said Thursday it does not expect losses from the collapse of Baltimore's Francis Scott Key bridge after it was struck by a container ship to be material at...
Article / 29 days ago
Vietnam sees crop losses of $3 billion from growing saltwater levels
Research from the Water Resources Science Institute of Vietnam showed that the country is facing annual crop losses of nearly $3 billion as more...
Research from the Water Resources Science Institute of Vietnam showed that the country is facing annual crop losses of nearly $3 billion as more...
Article / 1 month ago
Abuse victim can seek $120M from Boy Scouts' insurers
A federal bankruptcy judge in Delaware ruled Monday a sexual abuse victim can proceed with his suit seeking $120 million from three insurers for the Boy Scouts of America, finding he was not...
A federal bankruptcy judge in Delaware ruled Monday a sexual abuse victim can proceed with his suit seeking $120 million from three insurers for the Boy Scouts of America, finding he was not...
Article / 1 month ago
4th Circuit says virus class action should be dismissed
The 4th Circuit U.S. Court of Appeals Friday said a 2022 ruling finding COVID-19 does not cause physical damage could be used to dismiss a class action against State Farm Mutual Insurance Co....
The 4th Circuit U.S. Court of Appeals Friday said a 2022 ruling finding COVID-19 does not cause physical damage could be used to dismiss a class action against State Farm Mutual Insurance Co....
Article / 2 months ago
Exclusion bars coverage of $90M Towers Watson D&O settlements
A federal judge in Virginia Wednesday said directors and officers liability insurers for Towers Watson & Co. are not obligated to cover $90 million in settlements for two shareholder...
A federal judge in Virginia Wednesday said directors and officers liability insurers for Towers Watson & Co. are not obligated to cover $90 million in settlements for two shareholder...
Article / 2 months ago
