Third-party litigation funding adds further pressure. According to APCIA’s Sam Whitfield, the rise in such funding “inflates claims costs and…
Browsing: Business Insurance
Two companies processed and supplied dried milk powder that could be a culprit in the outbreak of botulism tied to…
For Q4, Selective posted a net income of $2.52 per share. Net premiums written (NPW) rose 4% year-on-year to $1.13…
Trafigura won its London lawsuit against Indian businessman Prateek Gupta over fake nickel cargoes on Friday, with London’s High Court…
Since the start of 2025, USAA has implemented rate increases in at least 14 states and Washington, D.C., with overall…
The U.S. Coast Guard on Saturday suspended the search for seven people who were aboard a commercial fishing vessel that…
Within the segment, Marsh Risk posted fourth-quarter revenue of $3.7 billion, up 10%, with underlying growth of 3%. US and…
The hub, located at 1111 Brickell Ave., 10th Floor, will provide facultative reinsurance and commercial insurance solutions across property, construction,…
Global trends, structural pressures and systemic vulnerabilities are reshaping catastrophe risk management
Pennsylvania insurance market The Pennsylvania acquisition, meanwhile, plugs Hilb directly into a large, mature and highly contested P&C arena. The state…
Aggressive M&A playbook continues to close the gap with other giants
And in Los Angeles, a $7.1 million home has become the unlikely focal point of a coverage trench war: Scottsdale…
The court applied reasoning from similar cases, explaining that proving an insurer should have paid certain medical bills as a…
According to the filing, Virani resided in Massachusetts when she purchased an IUL policy in September 2023 with a face…