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Florida OIR Fines Heritage P&C $1M for Ian Claims Issues
May 13 2024 // The Florida Office of Insurance Regulation in recent weeks has fined five property and casualty insurers, including Heritage Property & Casualty Insurance Co., which was hit with a $1 million penalty for failing to...
Google Trial Wraps Up as Judge Weighs Landmark US Antitrust Claims
May 6 2024 // Google and the U.S. Justice Department wrapped up closing arguments on Friday over claims that the Alphabet unit has unlawfully dominated web search and related advertising, in a case the government contends could shape...
Class Action Settlements Flooded With Fraudulent Claims by Scammers
May 3 2024 // Artsana, a maker of child car booster seats, last year agreed to settle claims that it had misled customers about how to use its products, offering $50 to people who had bought Chicco-brand seats. The company, which did...
Lloyd’s Insurers Don’t Expect Large Claims From Baltimore Bridge Collapse
May 2 2024 // Lloyd’s of London insurers Hiscox and Lancashire do not expect large insurance claims from the collapse of Baltimore’s Francis Scott Key Bridge in March that caused widespread disruption, they said on...
People Moves: Canopius Hires CUO and CFO in Bermuda From Validus and AXA XL; MS Amlin Taps HDI’s Healy as Head of Property & Crisis Management Claims
May 2 2024 // This edition of International People Moves details appointments at global specialty re/insurers Canopius and MS Amlin. A summary of these new hires follows here. Canopius Hires CUO and CFO in Bermuda From Validus and AXA...
Growing Progressive Set to Hire 10,000+ in Claims, IT, Other Roles
Apr 30 2024 // Progressive Insurance isn’t just growing the number of policies it writes but aims to hire thousands to support several years of year-over-year growth, according to a media statement published in late...
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