Russia’s Ingosstrakh said on Friday it may challenge UK sanctions in court and was seeking clarification about the measures imposed on the country’s leading insurer that the British government announced on Thursday. Ingosstrakh, which provides services to Russian oil exporters …
Finnish insurer Sampo has agreed to buy Topdanmark an all-share deal that values the Danish rival at 33 billion crowns ($4.73 billion), the two companies said on Monday. Sampo already owns 48.5% of the Danish property and casualty (P/C) insurer, …
After holding relatively steady for nearly a decade, the number of business liability policy claims cases jumped 28% in 2023, according to a litigation report from Lex Machina. The report found that 3,596 business liability cases covering third-party claims regarding …
The hurricane season continues to look like it will be a highly active one, as a potent and portentous weather pattern continues to take shape, an AccuWeather meteorologist told Claims Journal on Friday. “It certainly looks like it’s going to …
In May, Florida’s chief financial officer sent out a notice that he had appointed new members to the Florida Insurance Guaranty Association’s board of directors. Just a week later, though, one of those appointees, a State Farm employee, was replaced. …
A judge on Friday ordered a retrial over allegations that a Virginia-based military contractor contributed to the abuse and torture of detainees at Iraq’s notorious Abu Ghraib prison two decades ago. A civil trial earlier this year ended with a …
Vermont’s governor has vetoed a broad data privacy bill that would have been one of the strongest in the country to crack down on companies’ use of online personal data by letting consumers file civil lawsuits against companies that break …
The Oregon Occupational Safety and Health Division fined a Grants Pass roofing company $86,149 for workplace safety violations, including repeatedly failing to safeguard workers from fall hazards that could seriously injure or kill them. The division cited GB Roofing LLC …
Krause Group, headquartered in Des Moines, Iowa, named Holly Westervelt to the newly created role of vice president of sales, a part of the leadership team for Krause Group’s expanding agency division, The Krause Agency. Westervelt joins Krause Group with …
OKLAHOMA CITY (AP) — The Oklahoma Supreme Court on Wednesday dismissed a lawsuit by survivors of the 1921 Tulsa Race Massacre, dampening the hope of advocates for racial justice that the city would make financial amends for one of the …
