All the headlines from our Carriers Topic Page, ordered by recency.
Mar 31 2022 // Italian tycoon Leonardo Del Vecchio is backing a push for a change in leadership at Assicurazioni Generali SpA, saying that a proposed slate of new managers put forward by investor Francesco Gaetano Caltagirone could free...
Mar 31 2022 // The Ukrainian government has asked international marine insurers to stop all dealings with shipping companies carrying Russian fossil fuels in a bid to intensify pressure on Vladimir Putin’s regime.Oleg Ustenko,...
Mar 31 2022 // Insurers face potential multi-billion dollar claims for cyber attacks related to Russia’s invasion of Ukraine, despite policy wording designed to get them off the hook for war, industry sources say.Following the Feb....
Mar 30 2022 // An insurer must defend an information technology company facing a pair of Biometric Information Privacy Act (BIPA) lawsuits, the U.S. District Court for the Northern District of Illinois said in a March 30 ruling.In...
Mar 30 2022 // The National Association of Insurance Commissioners is moving to amend its climate disclosure survey – and insurers may not like it.The Climate Risk Disclosure Survey is a voluntary risk management tool for state...
Mar 30 2022 // The Boy Scouts of America’s sexual abuse compensation fund may force insurers to make payments they can’t negotiate over, even if the claims are fraudulent, a group of the companies argued in court.Insurers,...
Mar 29 2022 // Georgia’s insurance commissioner has issued a directive to auto insurers to include the full amount of sales tax when settling a total-loss vehicle claim.“When calculating taxes to be paid to an insured on a...
Mar 29 2022 // New Hampshire is looking for a commercial insurance carrier to fully insure and administer the Granite State Paid Family and Medical Leave Plan.The plan provides participating employees in New Hampshire with 60% of their...
Mar 28 2022 // PERILS, the independent Zurich-based organization that provides industry-wide catastrophe insurance data, has disclosed its fourth and final industry loss estimate for the New South Wales and Queensland floods, which...
Mar 28 2022 // Euler Hermes, the world leader in trade credit insurance, has rebranded as Allianz Trade.The company described the name change as a natural move because it has been “fully part of the Allianz Group since 2018.”...
Mar 28 2022 // French insurer AXA said on Friday that it has stopped all new investments in Russian assets and would no longer underwrite reinsurance of the country’s insurance companies. It said it had stopped underwriting new...
Mar 25 2022 // Attorneys for Montana mine workers sickened and killed by toxic asbestos exposure filed a lawsuit against Zurich American Insurance this week for allegedly stalling legal settlements and medical payments after transferring...
Mar 25 2022 // Kentucky’s General Assembly has become the only legislature so far this year to adopt a bill that could give insurers lower rates on commercial loans from the Federal Home Loan Bank system.The Kentucky Senate this...
Mar 25 2022 // Russia’s top shipping company Sovcomflot (SCF), already struggling to find berths to discharge cargoes, is facing fresh pressure after the UK on Thursday joined countries that have slapped sanctions on it, with...
Mar 25 2022 // Francesco Gaetano Caltagirone, a leading investor in Generali, wants Italy’s top insurer to grow into a big multinational “with Italian sovereignty,” the business tycoon was quoted as saying on...
Mar 24 2022 // The powerful earthquake that jolted Japan’s northeast coast last week is expected to cause insured property losses between $2 billion and $4 billion, modeling firm Verisk said on Thursday.About $400 million to $820...
Mar 24 2022 // Everest Indemnity Insurance Co. is on the hook to defend an insured alleged to have improperly installed a fire suppression system under its errors and omissions policy because its various exclusions were, at best,...
Mar 23 2022 // New York medical malpractice insurer EmPRO Insurance Co., a subsidiary of Physicians’ Reciprocal Insurers, said it is expanding into New Jersey. It has filed to become an admitted insurer in New Jersey and plans to...
Mar 22 2022 // Two property and casualty insurers and two brokers were included within a list compiled by Ethisphere of the most ethical companies in the world.The 16th annual report from Ethisphere, a company that defines and measures...
Mar 22 2022 // Insurers and reinsurers could face claims as high as US$10 billion in a worst-case scenario due to the grounding of planes in Russia, Fitch Ratings said.More than 500 planes that are financed or owned by non-Russian...