Berkley News
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Judge Triples Jury Award in Nautilus Insurance Suit Against Murdaugh Accomplice
Jan 13 2025 // A federal judge last week tripled the damages that Alex Murdaugh’s co-conspirator must pay to Nautilus Insurance Co., bringing the total to $3.75 million – plus significant attorney fees incurred by the insurer.A...
After Nautilus Insurance Wins Civil Suit vs. Murdaugh, Trial Starts for His Conspirator
Jan 7 2025 // Just days after convicted murderer Alex Murdaugh was ordered to pay almost $15 million to Nautilus Insurance Co., his friend and co-conspirator is set to start trial in a civil suit brought by Nautilus for his role in the...
Swiss Re’s Business Unit CEOs Share Views on Key Risk Themes of 2025
Dec 20 2024 // Social inflation will continue to be a top concern for insurers and reinsurers in 2025 with US liability claims increasing by 57% during the past decade and nuclear verdicts rising in frequency, said Swiss Re, pointing to...
Danish Central Banker Sees Russia Hackers as Key Risk to Lenders
Nov 22 2024 // Cyber attacks against Nordic banks, likely perpetrated by Russia-linked hackers, pose the biggest threat to financial stability in the region, a top Danish central bank official said.Financial institutions should be...
AM Best Assigns Superior Credit Rating to Iowa-Based Berkley Luxury
Oct 23 2024 // AM Best has assigned a Financial Strength Rating (FSR) of A+ (Superior) and a Long-Term Issuer Credit Rating (Long-Term ICR) of “aa-” (Superior) to Berkley Luxury Insurance Company (Berkley Luxury), based in...
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