All the headlines from our Carriers Topic Page, ordered by recency.
Nov 9 2022 // Attorney General Bob Ferguson announced that a Thurston County Superior Court judge rejected an attempt by PEMCO Mutual Insurance Company and subsidiaries of the Progressive Corporation to stop his office’s...
Nov 9 2022 // A group of over 85 insurers in Africa has pledged to create a financing facility to provide $14 billion of cover to help the continent’s most vulnerable communities deal with climate disaster risks such as floods and...
Nov 9 2022 // Data stolen from an Australian health insurer, including the names, addresses and birthdates of hundreds of customers, has been posted to a forum on the so-called dark web.The files appear to be a sample of the data that...
Nov 8 2022 // In a quiet commercial strip in an upscale suburb of Nashville, there’s a single-story brick building housing a company that may determine whether another billion-dollar taxpayer bailout of the coal industry is...
Nov 7 2022 // Powered by InsuranceJournal.tvMichael Hall was an early insurance carrier entrant into the insuring cannabis space. Yet, even as it has grown and his competition increases, he doesn’t seem to worry about losing...
Nov 7 2022 // A hack on an Australian health insurer appears to be far larger than initially suspected, with the company saying it will refuse to pay a ransom for the theft of data.The attack on Medibank Private Ltd. exposed the data of...
Nov 4 2022 // Having a robust, fit-for-purpose business continuity plan (BCP) should be a central part of risk mitigation at any major organization, yet far too often companies don’t give enough consideration to the matter, and...
Nov 2 2022 // Lloyd’s of London insurer Ascot is once again quoting on its cargo insurance facility for the Black Sea grain corridor, the facility’s lead underwriter said on Wednesday after Russia announced it would resume...
Nov 2 2022 // Insurers are no longer offering new cargo insurance cover for shipments out of Ukraine through a U.N.-backed safe corridor after Russia suspended its participation, industry sources said on Tuesday.An export deal, agreed...
Nov 1 2022 // Carlyle Aviation Partners said it sued a group of insurance companies and re-insurers claiming they failed to pay for losses stemming from the seizure of planes leased to Russian airlines following the invasion of...
Oct 31 2022 // Lloyd’s of London insurer Ascot is suspending writing cover for new shipments using the Ukrainian grains corridor in the Black Sea until it has more clarity about the situation there, a senior official said on...
Oct 28 2022 // Aircraft leasing firm Dubai Aerospace Enterprise (DAE) has filed a London lawsuit against 11 insurers, including Lloyd’s of London, AIG, Chubb and Swiss Re, two months after it wrote off almost $600 million for 19...
Oct 27 2022 // Aegon NV is combining its operations in the Netherlands with insurer ASR Nederland NV, in a bid for market dominance in the pension, life and non-life insurance sectors.Aegon agreed to a conditional deal for a total...
Oct 27 2022 // Two people whose personal information was compromised in a data breach at Rhode Island’s public bus service that affected about 22,000 people sued the agency and a health insurer this week seeking monetary damages...
Oct 26 2022 // The former chief financial officer for a Carolina-based manufacturing supply company must spend more than three years in prison and repay $2 million he embezzled, which includes payments made by the firm’s insurance...
Oct 26 2022 // Kraft Sports and Entertainment, owner of the NFL’s New England Patriots, has sued Hiscox Insurance alleging the insurer has failed to respond under media liability insurance policies to multiple claims of copyright...
Oct 25 2022 // Adam Sounders agreed to settle his personal-injury lawsuit against a trucking company for $500,000, but pulled out of the deal when he received a settlement check that included a workers’ compensation lien holder as...
Oct 25 2022 // With the mystery of the blasts that destroyed undersea gas pipelines between Russia and Germany unsolved, Nord Stream 1’s insurers and reinsurers are grappling with how to respond to hundreds of millions of dollars...
Oct 25 2022 // A Maryland general contractor has spent almost $10.5 million to fix an improperly installed concrete wall system in a school it was hired to build and wants its insurer to reimburse it under a rectification expense...
Oct 24 2022 // Very few insurance companies showed up this month to talk about the future of the much-debated, 90-year-old Federal Home Loan Bank System, despite the fact that the system lends heavily to many large insurers at low...