Industry News

Insurance Journal

DOJ Watchdog Seeks Independent Review of FTX Bankruptcy

Dec 02, 2022 The U.S. Department of Justice’s bankruptcy watchdog on Thursday called for an independent investigation into the collapse of crypto exchange FTX, saying customers...

Facebook Accused by Female Truckers of Skewing Job Ads

Dec 02, 2022 Meta Platforms Inc. unlawfully steered dozens of hiring ads from trucking companies and other advertisers to mostly one gender or age group, an advocacy group for female...

View from Defense Counsel’s Office: Hope on the Horizon for Florida Insurers?

Dec 02, 2022 Despite recent hurricanes in Florida, continued insurance claims litigation, and steadily rising reinsurance rates, insurers and reinsurers have...

New York Online Hate Speech Law Challenged by Thiel-Backed Rumble

Dec 02, 2022 A New York law prohibiting hate speech on social media was challenged by the Volokh Conspiracy legal blog and the Peter Thiel-backed video site Rumble Inc., which...

Claims Journal

Claims Business: Motive, Charles Taylor and One Inc.

Dec 02, 2022 Progressive Partners with Motive to Curb Commercial Auto Claims Motive, a fleet management company formerly known as KeepTruckin, has announced a partnership with Progressive...

NY Court Rules Board Had Authority to Remove Chiropractor who Admitted Kickbacks

Dec 02, 2022 The New York State Workers’ Compensation Board acted within its authority when it barred a chiropractor accused of taking kickbacks from treating...

Swiss Re: Natural Disasters Cost Insurers $115 Billion this Year

Dec 01, 2022 Hurricane Ian and other natural catastrophes, such as European winter storms, floods in Australia and hailstorms in France and the U.S., have cost insurers an...

Boston Man Convicted in Physical Therapy False Billing Scheme

Dec 01, 2022 A Boston man pleaded guilty in federal court in connection with a scheme to defraud an insurance company for physical therapy services that were not provided to patients,...

Best's Reviews

AM Best Affirms Credit Ratings of Chubb Seguros Panama S.A.

Dec 01, 2022 AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Rating of “aa+” (Superior) of Chubb Seguros Panama S....

AM Best Affirms Credit Ratings of Chubb Limited and Its Subsidiaries

Dec 01, 2022 AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (...

AM Best Upgrades Issuer Credit Ratings of Starr International Company, Inc.’s Insurance Subsidiaries

Dec 01, 2022 AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “a+” (Excellent) from “a” (Excellent...

AM Best Affirms Credit Ratings of Colonnade Insurance S.A.

Dec 01, 2022 AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Colonnade Insurance S.A...