France’s CNP Assurances CNPP.PA will no longer finance new oil and gas projects or invest more money in companies planning to do so, joining the growing ranks of insurers taking a more pro-active approach to tackling global warming. The company …
Hiscox, the Bermuda-based specialist global insurer, announces the appointment of Jon Dye as its new UK CEO, effective September 2022, subject to regulatory approval. In his new role, Dye will be responsible for leading Hiscox’s flagship retail business in the …
For more than 50 years, insurers have known that their duty to defend a Texas policyholder from a lawsuit must be decided based only on the language of the insurance contract and the allegations made by the plaintiff. The so-called …
An auto insurer is not required to pay underinsured motorist benefits to the son of man who was killed in an auto crash because the father was not insured by its policy, the Wisconsin Supreme Court ruled Tuesday in an …
The headlines in 2016 provoked an outcry across Georgia: A man stole a car near the Atlanta airport, fled from police in a high-speed chase, then crashed into another vehicle, killing a woman and her two grandchildren. Six years later, …
Two bills that many in the insurance industry hope will solve some of Florida’s worsening property insurance problems moved a step closer to becoming law Wednesday when they passed a key Senate subcommittee. The Senate Appropriations Committee’s Subcommittee on Agriculture, …
The Liberty Insurance Brokers acquired R.W Babcock Insurance Brokerage Inc. in Pleasanton, California. Founded in 2013 and led by Rob Babcock, R.W. Babcock Insurance specializes in insurance, surety, and various services for the construction, technology, manufacturing and life sciences industries. …
The family of a cinematographer shot and killed on the set of the film “Rust” is suing Alec Baldwin and the movie’s producers for wrongful death, their attorneys said Tuesday. Lawyers for the family of Halyna Hutchins announced the lawsuit …
Global insurer American International Group (AIG) reported strong fourth quarter and year-end results led by the performance of its General Insurance business. After reporting a net loss of $60 million in the fourth quarter of 2020, the company reported net …
A pair of California legislators and the state’s insurance commissioner are pushing a bill to create an early warning system for heatwaves. California State Assembly Members Luz Rivas (D-San Fernando Valley) and Eduardo Garcia (D-Coachella), in partnership with California Insurance …
