November 29, 2021
Nine people who sued white nationalist leaders and organizations over the violence at a deadly rally in Charlottesville in 2017 won a $26 million judgment for the injuries and trauma they endured. But whether they will be able to collect …
November 29, 2021
European property/casualty insurers faced a dip in total average gross written premium and after-tax profit in 2020, but their regulatory solvency ratios remained strong. Pandemic factors generally played a role in both elements, according to a new AM Best market …
November 29, 2021
FRANKFURT – A prominent activist is calling on insurers like Swiss Re to explore suing major oil companies for climate-related damages, the latest volley in a years-long campaign that pits environmentalists against the insurance industry. The tactic urged by The …
November 29, 2021
SYDNEY/SINGAPORE – Some would-be travelers are considering canceling or delaying trip plans in response to fresh curbs prompted by the Omicron variant of the coronavirus, travel agents said on Monday, threatening an already fragile recovery for the global tourism industry. …
November 29, 2021
An oil tanker hit an offshore oil platform at night off Louisiana because its Turkish operating company didn’t give the ship’s master time to recover from days of sleepless travel, federal investigators have found. The master, or person in charge …
November 29, 2021
Wisconsin Insurance Commissioner Mark Afable is stepping down next month, Gov. Tony Evers said. Evers appointed Afable to the post in December 2018. Afable had previously worked for American Family Insurance and served as the company’s chief legal officer before …
November 29, 2021
Openly, a homeowners’ insurance platform, announced it has expanded into Alabama, its eighth new state in 2021. Openly, which lets website users choose an agent, get a quote or file a claim, is now in 15 states, the company said …
November 29, 2021
In an effort to increase the number of flood insurance policies in the state, the Alabama Department of Insurance is relaxing requirements that carriers file flood insurance rates, except for those covering vehicles. “More than 20% of the claims filed …
November 29, 2021
Florida’s top financial and insurance regulator may have landed in the middle of a political mess, but he and other state officials were within their rights in hiring an agency head who was later forced out over allegations of sexual …
November 29, 2021
In a sign that Florida’s property insurance problems continue to be a hot-button issue, a Florida state representative will hold town hall meetings next week to hear from stakeholders. State Rep. Kamia Brown, D-Orlando, announced the “State of the Insurance …