Reinsurance renewals at April 1 consolidated the progress made at 1/1, as ample capacity and increased co...
CRC: Excess and umbrella rate reductions a rarity even as sector stabilizes
Rate reductions remain a rarity in the excess and umbrella market, even with pricing stabilizing, although loss-free accounts are no longer being hit with double-digit...
Rate reductions remain a rarity in the excess and umbrella market, even with pricing stabilizing, although loss-free accounts are no longer being hit with double-digit...
Article / 7 hours ago
U.S. miners are getting sicker younger. A new rule limits toxic silica dust exposure
Coal miners, including very young ones, have developed severe respiratory disease in recent decades due in part by silica dust levels.
Coal miners, including very young ones, have developed severe respiratory disease in recent decades due in part by silica dust levels.
ca.news.yahoo.com /
Article / 8 hours ago
Zurich, Philadelphia, Others Ordered to Pay $345M to Cover Abuse Charges at Georgia School - Claims Journal
Five insurance companies have been ordered to pay $345 million to cover damages awarded to 20 men who said they were victims...
Five insurance companies have been ordered to pay $345 million to cover damages awarded to 20 men who said they were victims...
claimsjournal.com /
Article / 15 hours ago
Once praised, settlement to help sickened BP oil spill workers leaves most with nearly nothing - AP News
Thousands of ordinary people who helped clean up after the 2010 BP oil spill in the Gulf of Mexico say they got sick...
Thousands of ordinary people who helped clean up after the 2010 BP oil spill in the Gulf of Mexico say they got sick...
apnews.com /
Article / 1 day ago
Casualty grows share of Lloyd's portfolio as cyber market expands
Traditional specialty lines have become less material for Lloyd's over time with emerging classes such as cyber growing the casualty share of the...
Traditional specialty lines have become less material for Lloyd's over time with emerging classes such as cyber growing the casualty share of the...
Article / 2 days ago
Bayer Pushes Legislation in Multiple States for Legal Shield Against Lawsuits - Claims Journal
Stung by paying billions of dollars for settlements and trials, chemical giant Bayer has been lobbying lawmakers in three...
Stung by paying billions of dollars for settlements and trials, chemical giant Bayer has been lobbying lawmakers in three...
claimsjournal.com /
Article / 2 days ago
Wildfires Are Upending Some of the Safest Bets on Wall Street
When the Texas Panhandle went up in flames this winter, the news spread fast on Wall Street. An electric utility by the name of Xcel Energy Inc. was getting blamed for the massive blaze — a lawsuit...
When the Texas Panhandle went up in flames this winter, the news spread fast on Wall Street. An electric utility by the name of Xcel Energy Inc. was getting blamed for the massive blaze — a lawsuit...
Article / 2 days ago
Howden Re's Ridpath resigns to join Inver Re
Casualty specialist Glyn Ridpath has resigned from his role at Howden Re to join Ardonagh Specialty's reinsurance arm Inver Re, The Insurer can reveal....
Casualty specialist Glyn Ridpath has resigned from his role at Howden Re to join Ardonagh Specialty's reinsurance arm Inver Re, The Insurer can reveal....
Article / 3 days ago
Global property insurers see 'alarming' losses as risk models lag, report says - Reuters
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
Global property and casualty insurers showed "alarming" underwriting losses in 2022 as natural catastrophes increased and risk models failed to keep up, a report from consultants Capgemini said on Wednesday.
reuters.com /
Article / 3 days ago
RSA Luxembourg names Intact's Belair head of liability, ProFin and technology
RSA Luxembourg has named Aaron Belair as head of liability, PI and financial lines and technology for Europe, in a move designed to bolster the insurer's specialty...
RSA Luxembourg has named Aaron Belair as head of liability, PI and financial lines and technology for Europe, in a move designed to bolster the insurer's specialty...
Article / 3 days ago
