New litigated claims for Florida’s largest property/casualty insurers grew to 6,398 in June, according to data compiled by litigation management software provider CaseGlide. June litigated claims were up 14% from May’s figure of 5,364. Of the 17 largest Florida insurers …
The UK risk management association Airmic announced the appointment of Claire Combes as its next chair, effective from Sept. 1, 2021. Combes will succeed Tracey Skinner, Airmic’s current chair who also is director-Insurance & Risk Financing at BT Group plc. …
A former medical resident at Oregon Health & Science University who sued the school in 2018 alleging retaliation for her complaints about discrimination now accuses the school of breaching their settlement agreement. After mediation, OHSU was to pay $100,000 to …
A magnitude 5.1 earthquake struck off the Northern California coast late Saturday, the U.S. Geological Survey confirmed. The earthquake just before midnight was about 12 kilometers west of Petrolia in Humboldt County and 56 kilometers southwest of Eureka, according to …
Noting that wildfire is a growing source of loss for both wind and solar power producers and insurers, one of the insurers is urging the U.S. solar industry to act to mitigate wildfire risk over the coming months or face …
Africa Specialty Risks (ASR), the pan-African focused reinsurance managing general agent, announced it has secured an additional $10 million in capacity for its Political Violence and Terrorism (PVT) division from Lloyd’s insurer Atrium Underwriting Ltd. This is in addition to …
Insurity Appoints Campestre as Chief Sales Officer Insurity, a provider of cloud-based software for insurance carriers, brokers and managing general agencies, appointed Craig Campestre as chief sales officer. Campestre will lead Insurity’s sales strategy and operations, which includes driving revenue …
New York Attorney General Letitia James announced an agreement with McKesson Corporation, Cardinal Health Inc. and Amerisource Bergen Drug Corporation that will deliver up to $1.1 billion to New York state to combat the ongoing opioid epidemic. The $1.1 billion …
Connecticut regulators finalized millions of dollars in fines against the state’s two largest electricity distributors for what officials called the companies’ failures in their preparations and responses to Tropical Storm Isaias, which caused hundreds of thousands of power outages last …
U.S. property and casualty insurer Travelers Cos .Inc. delivered an unusually large beat of second-quarter profit expectations on Tuesday, helped by higher premiums, lower catastrophe losses and a surge in returns from investments. The New York-based company, seen as a …
