Last summer's hail loss has crept significantly for many Italian cedants....
Roosevelt Road Re and Tradesman file RICO suit over alleged fraudulent WC claims
Roosevelt Road Re and its affiliate Tradesman Program Managers have filed a Racketeer Influenced and Corrupt Organizations Act (RICO) lawsuit to recover funds...
Roosevelt Road Re and its affiliate Tradesman Program Managers have filed a Racketeer Influenced and Corrupt Organizations Act (RICO) lawsuit to recover funds...
Article / 14 days 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 / 15 days ago
Insurer implications of landmark sexual abuse case ruling
A recent Tasmanian Supreme Court decision is a positive step for sexual abuse survivors but could contribute to increasing the number and cost of sexual abuse claims faced by Australia's...
A recent Tasmanian Supreme Court decision is a positive step for sexual abuse survivors but could contribute to increasing the number and cost of sexual abuse claims faced by Australia's...
Article / 15 days ago
AI regulation to shake up liability insurance
Developments in AI and related regulation will require an overhaul of liability insurance policies and the creation of new AI-specific coverages...
Developments in AI and related regulation will require an overhaul of liability insurance policies and the creation of new AI-specific coverages...
Article / 15 days ago
Texas wildfires: 500+ structures destroyed. $356m residential exposure. Utility sued
Wildfires continue to burn across Texas, the largest of which has burned over one million acres alone and is only 15% contained, while officials said at...
Wildfires continue to burn across Texas, the largest of which has burned over one million acres alone and is only 15% contained, while officials said at...
Article / 25 days ago
Landmark opioid case wrestles with who defends among multiple insurers - Canadian Underwriter
When multiple commercial insurers are on the hook consecutively for long-tail claims spanning decades, defence...
When multiple commercial insurers are on the hook consecutively for long-tail claims spanning decades, defence...
canadianunderwriter.ca /
Article / 25 days ago
Southern California Edison will pay $80M to settle claims its equipment sparked 2017 wildfire - AP News
Southern California Edison will pay $80 million to settle claims on behalf of the U.S. Forest Service connected to a massive wildfire that destroyed...
Southern California Edison will pay $80 million to settle claims on behalf of the U.S. Forest Service connected to a massive wildfire that destroyed...
apnews.com /
Article / 1 month ago
US casualty insurance costs rising for multinationals
Multinational companies with US casualty exposures face higher insurance costs, as insurers and reinsurers react to persistently high loss ratios and social inflation...
Multinational companies with US casualty exposures face higher insurance costs, as insurers and reinsurers react to persistently high loss ratios and social inflation...
Article / 1 month ago
The casualty heterodoxy: Are 2021-23 bad accident years?
A minority view gaining currency is that 2016-19 will not be the only problem....
A minority view gaining currency is that 2016-19 will not be the only problem....
Article / 1 month ago
Claims Against BNSF Cut From $1.3M Derailment Dispute - Law360
A Washington federal judge trimmed several claims against BNSF Railway Co. and a transportation...
A Washington federal judge trimmed several claims against BNSF Railway Co. and a transportation...
law360.com /
Article / 2 months ago