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Commissioner Foresees Legal Challenge to California Property Cover Changes

May 17, 2024 California history is littered with too-fast remedies that haven’t stood the test of time, Insurance Commissioner Ricardo Lara told...

Update: Wefox Touts International Consolidation

May 17, 2024 Insurtech Wefox outlined a strategy that includes consolidation of international activities. Wefox pointed to comments it made when Mark Hartigan was appointed as its...

Marine Mutual Skuld Looks to Growth as Fiscal Year Underwriting Improves

May 17, 2024 Marine protection and indemnity club Skuld improved its underwriting result for the fiscal year ended Feb. 20, 2024 on a benign claims...

Best's News: AM Best Says Social Inflation Remains Thorn in Side of Casualty Insurers

May 17, 2024 Social inflation continues to test the ability of casualty insurers with unpredictable and excessive claim costs, David...

Insurance Journal

People Moves: AXA XL Promotes Riha as Chief Client & Distribution Officer, APAC/Europe

May 17, 2024 AXA XL Promotes Riha as Chief Client & Distribution Officer, APAC & Europe AXA XL announced that Robert Riha has been...

Security First Touts 5% Rate Decrease for HO-3, Renters Policies in Florida

May 17, 2024 Citing the stabilizing impact that legislative reforms have had on the Florida market, Security First Insurance Co. executives this week announced two...

Kansas Governor Cites Competition Concerns While Vetoing Bill for School Gun-Detection Technology

May 17, 2024 Kansas Gov. Laura Kelly vetoed a measure Wednesday that could have earmarked up to $5 million for gun-detection systems in schools...

Indigenous Consultant Accuses Chicago Blackhawks of Fraud, Sexual Harassment

May 17, 2024 A consultant the Chicago Blackhawks hired to improve relationships with American Indian tribes has filed a lawsuit accusing the team, its charity...

Claims Journal

Staffing Shortages, Reduced Safety Training Fuel Risks for Company Drivers

May 17, 2024 Increased distractions, staffing shortages, and safety risks mean that 60% of company drivers are worried about their personal safety and liability behind...

U.S. Studying If Other Bridges at Risk After Baltimore Collapse

May 17, 2024 The U.S. Coast Guard said it is evaluating whether other bridges nationwide are at risk after a cargo ship crashed into the Francis Scott Key Bridge in Baltimore in...

Over 946,000 Customers Still Without Power After Storms in Texas, Louisiana

May 17, 2024 More than 946,000 homes and businesses in Texas, Louisiana and other Gulf Coast states were still without power on Friday morning after killer storms...

AI Voiceover Company Stole Voices of Actors, New York Lawsuit Claims

May 17, 2024 Two voice actors sued artificial-intelligence startup Lovo in Manhattan federal court on Thursday, accusing the company of illegally copying their voices and...