Like the first quarter of 2023, the composite rate for U.S. commercial property/casualty lines increased 5% in the second quarter, according to MarketScout’s Market Barometer. The Dallas-based distribution and underwriting company, a division of Novatae, said most lines of coverage …
Public adjusters in Kentucky must now file template contracts with the state Department of Insurance. House Bill 232, signed by the governor in March, took effect at the end of June. It placed new restrictions on public claims adjusters, including …
This edition of International People Moves details appointments at Swiss Re, BMS Re, and QBE Canada. A summary of these new hires follows here. Swiss Re Taps AGCS’s Shahkarami as Head P&C Solutions Swiss Re has appointed Ali Shahkarami as …
Canada is bracing for higher-than-normal wildfire activity to continue into August, as soaring temperatures and drought turn much of the country’s vast forests into kindling. The Canada fire season, which normally runs from April to September, is barely half over …
Florida’s attorney general has taken extraordinary measures against a Tampa-based pool company, shutting down the company and securing a lifetime business ban against the owner, who left hundreds of swimming pools unfinished around the area. In a consent judgment in …
Last month was the warmest June of the past three decades globally, with several places in western Europe hitting all-time records for the month, according to a report by Europe’s earth observation agency Copernicus. Ocean temperatures also rose to their …
The state of Nevada has reached a $285 million settlement with Walgreens regarding the pharmacy chain`s role in the opioid epidemic, the state`s top lawyer announced. The last in a series of multiyear settlements with pharmaceutical companies, retailers and others, …
The confidential documents stolen from schools and dumped online by ransomware gangs are raw, intimate and graphic. They describe student sexual assaults, psychiatric hospitalizations, abusive parents, truancy — even suicide attempts. “Please do something,” begged a student in one leaked …
Two firefighters were killed battling a blaze that began when cars caught fire deep inside a cargo ship carrying 5,000 cars at a New Jersey port, Newark`s fire chief said Thursday. Responding firefighters found five to seven vehicles already on …
Ukraine’s wartime defense spending will remain high next year, underscoring the need for allies to provide war-risk insurance to help attract investment, the nation’s finance minister said. “Without international support, without war-risk insurance, we will not attract as much investment …
