A new report outlines the numerous risks insurers face from climate change. The report from Sustainalytics, a provider of ESG (environmental, social and governance) and corporate governance products and services, shows that property/casualty insurers face two key points of exposure …
The Roman Catholic Diocese of Baton Rouge, La., says it will publicly identify all of its clergy credibly accused of child abuse. Bishop Michael Gerard Duca says on the diocese website that releasing the list of names on Thursday will …
Beazley has expanded its healthcare management liability team with the appointment of Greg Goetz as complex claims manager. Goetz will be based in Chicago, Ill. Goetz was previously a financial lines complex claims analyst at Allianz Global Corporate & Specialty. …
Actress Gwyneth Paltrow has been accused in a new lawsuit Tuesday of breaking a man’s ribs and leaving him with a concussion when she smashed into him from behind while skiing at a Utah ski resort in 2016. Retired optometrist …
California wildland managers said this week that they want to speed up logging and prescribed burns designed to slow wildfires that have devastated communities in recent years. After the deadliest and most destructive blazes in state history, officials are scrapping …
W.R. Berkley Corp. ended 2018 with a decline in net income and worsening reinsurance combined ratio due to higher catastrophe loss expenses. At the same time, insurance premiums and investment income grew. The Connecticut-based insurer and reinsurer booked more than …
A lawsuit filed on behalf of bail customers claims surety companies and agents in California conspire to keep premiums high. The Los Angeles Times reported public-interest groups filed the suit this week in Alameda County against more than 20 companies …
It may be obvious to those in the industry that the more satisfied independent insurance agents are with an insurance carrier, the more business they will conduct with that carrier. But the message may not be getting through to some …
A federal judge who has emerged as a vocal critic of PG&E Corp.’s safety record, said the California utility giant has a “clear-cut pattern” of starting wildfires and needs “strong medicine” put in place before this year’s season begins. U.S. …
Marsh & McLennan Cos.’ $5.6 billion acquisition of Jardine Lloyd Thompson Group is on track to close this spring. MMC CEO Dan Glaser, who described the deal as one of “strength on strength,” told analysts today that the transaction is …
