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Insurer Upheld in Declining to Defend Employer Against Injured Worker’s Lawsuit

Jan 10 2025 // The New Jersey Supreme Court recently ruled that an insurer had no duty to defend an insured employer against an injured employee’s personal injury lawsuit alleging negligence and intentional harm.The high court...

Los Angeles Fires Become Existential Test for California’s Stopgap Insurer

Jan 9 2025 // The conflagrations tearing across Los Angeles are on track to be among the most expensive wildfire disasters in U.S. history, draining insurance coffers and threatening California’s massive state-sponsored insurance...

Viewpoint: It Is Insurers’ Time to Lead a Resilience Revolution

Jan 9 2025 // There is a risk crisis affecting the insurance industry.Hurricanes Helene and Milton left a trail of tens of billions of dollars of destruction across the southeastern United States. These latest storms have shown that no...

Swiss Insurer Helvetia Said to Mull Sale of German Operations

Jan 7 2025 // The Swiss insurer has hired JPMorgan Chase & Co. and plans to collect non-binding offers for the unit in the coming weeks, the people said, asking not to be identified discussing non-public information. Helvetia could...

The Wartime Risk Insurers Making Fortunes Keeping Trade Moving

Jan 6 2025 // Inside faceless office buildings scattered around London, a niche corner of the insurance market is keeping hundreds of billions of dollars in commodity trade moving through some of the world’s most dangerous...

Top Climate Group for Banks, Insurers, and Asset Managers Is Making Changes

Jan 2 2025 // The world’s biggest climate coalition for financial firms is making adjustments after several high-profile banks, insurers and asset managers opted out.The Glasgow Financial Alliance for Net Zero, which was...

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