Insurers and policyholders must adapt to sustained higher levels of economic inflation and “social inflat...
Trump accepts new restrictions on $175 million bond in civil fraud case
Former President Donald Trump agreed Monday to additional restrictions on the $175 million bond in his New York civil fraud case, resolving concerns of...
Former President Donald Trump agreed Monday to additional restrictions on the $175 million bond in his New York civil fraud case, resolving concerns of...
Article / 22 days ago
Political strikes cost Finland over $2 billion
The Confederation of Finnish Industries on March 27 said that the estimated cost of the ongoing strike action in the country by the Central Organization of Finnish Trade Unions and its 18 member...
The Confederation of Finnish Industries on March 27 said that the estimated cost of the ongoing strike action in the country by the Central Organization of Finnish Trade Unions and its 18 member...
Article / 1 month ago
Bankman-Fried sentenced to 25 years for multibillion-dollar FTX fraud
) — A federal judge Thursday sentenced Sam Bankman-Fried to 25 years in prison for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency...
) — A federal judge Thursday sentenced Sam Bankman-Fried to 25 years in prison for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency...
Article / 2 months ago
Oral arguments on insurers' rights during bankruptcy intrigue experts
The potential for the U.S. Supreme Court to give insurers unrestricted rights to object to approved Chapter 11 bankruptcy reorganization plans has some...
The potential for the U.S. Supreme Court to give insurers unrestricted rights to object to approved Chapter 11 bankruptcy reorganization plans has some...
Article / 2 months ago
Insurance rates hikes likely to moderate in 2024: Alera
Commercial insurance buyers will likely see price increases for several lines of coverage next year, but with a stabilized reinsurance market and more capacity coming online, the hikes should be more...
Commercial insurance buyers will likely see price increases for several lines of coverage next year, but with a stabilized reinsurance market and more capacity coming online, the hikes should be more...
Article / 5 months ago
Berkshire Specialty announces surety promotion
Berkshire Specialty Insurance Co. said Tuesday it has promoted Courtney Turnage Walker to the newly created role of U.S. head of contract surety....
Berkshire Specialty Insurance Co. said Tuesday it has promoted Courtney Turnage Walker to the newly created role of U.S. head of contract surety....
Article / 6 months ago
Skyward expanding surety business, names executive
Skyward Specialty Insurance Group Inc. said Wednesday it is expanding its surety division, including naming a vice president of field operations for contract surety....
Skyward Specialty Insurance Group Inc. said Wednesday it is expanding its surety division, including naming a vice president of field operations for contract surety....
Article / 7 months ago
IAT appoints former Travelers exec as EVP, surety
IAT Insurance Group Inc. named Mike Zurcher, formerly with Travelers Cos. Inc., as executive vice president, surety....
IAT Insurance Group Inc. named Mike Zurcher, formerly with Travelers Cos. Inc., as executive vice president, surety....
Article / 7 months ago
Vesttoo to liquidate Bermuda unit
Embattled insurtech Vesttoo Ltd. said late Tuesday it will liquidate its collateralized insurer in Bermuda Vesttoo Alpha P&C Ltd., but it will continue to operate branches in New York, London and other territories....
Embattled insurtech Vesttoo Ltd. said late Tuesday it will liquidate its collateralized insurer in Bermuda Vesttoo Alpha P&C Ltd., but it will continue to operate branches in New York, London and other territories....
Article / 9 months ago
3M seeks to revive bankruptcy to resolve military earplug mass tort
A 3M subsidiary appealed the dismissal of its bankruptcy case late Monday, challenging a judge’s ruling that it was not in immediate jeopardy from 260,000 lawsuits alleging that 3M military earplugs...
A 3M subsidiary appealed the dismissal of its bankruptcy case late Monday, challenging a judge’s ruling that it was not in immediate jeopardy from 260,000 lawsuits alleging that 3M military earplugs...
Article / 11 months ago
