Insurance

New York Attorney General Triples Size of Crypto Fraud Lawsuit to $3 Billion

New York Attorney General Letitia James on Friday expanded her lawsuit against Digital Currency Grou...

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South Carolina House Endorses Paid Family Leave Insurance Bill

The South Carolina House of Representatives has approved a framework for paid family leave insurance...

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Commercial Real Estate Trouble Evident in Fading Downtown Construction

When Rahm Emanuel ran Chicago and wanted to boast about the health of the city, the then-mayor point...

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Prudential Reports Unauthorized Access to Its Computer Systems

Prudential Financial has disclosed a hacker gained unauthorized access to its systems earlier this m...

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US Seeks More Than $1 Billion From Collapsed SVB for Taxes

The US Internal Revenue Service is seeking to recover about $1.4 billion in taxes it claims are owed...

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Climate Change Has Hit Home Insurance. Is Health Insurance Next?

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Ardonagh Specialty hires Rastiello as North America reinsurance CEO

The former Accredited CEO spent most of his career at Aon Reinsurance.

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Vantage Risk launches US primary casualty line

The new line is in addition to its existing Bermuda and US excess casualty products.

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Markel International takes QBE’s Smith for marine liability

The carrier has been hiring after the launch of a new specialty practice.

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Thompson takes 3% holding in BP Marsh

BP Marsh sold Thompson-founded Kentro to Brown & Brown last year.

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Sompo International granted primary insurance licence in France

The new licence expands the carrier's P&C capabilities in Europe.

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Dynamic Re adds Liberty, Austral Re, Axa XL to reinsurance panel

The company provides reinsurance to insurers in LatAm and the Caribbean.

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Howden boosts equity stake in Mexican operations Ordas and Adrisa

Howden acquired a majority interest in Mexico’s Adrisa in 2020 and Grupo Ordas in 2017.

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Tokio Marine 9M profit up 90% to 517.4bn yen as Covid impact recedes

The carrier also benefited from strong underwriting and investment results.

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Sompo International fiscal Q3 net profit jumps to $860mn as cat losses fall

The impact of cat losses fell dramatically compared with last year.

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MS Amlin boosts 9M 2023 profits to £250mn with combine ratio of 90%

In the prior-year period, Ukraine and Hurricane Ian impacted results.

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Brexit Red Tape Puts Valentine’s Day Thorn in UK Flower Trade

Giraffe Flowers in Manchester, northern England, is preparing for the annual Valentine’s Day rush ...

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Florida's immigration crackdown is scaring patients away from seeking care

TALLAHASSEE, Florida — One of Gov. Ron DeSantis’ most controversial immigration moves has led ...

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New eligibility rules mean nearly 2 million on Medi-Cal can now save for a rainy day

Nearly 2 million Medi-Cal enrollees can now accumulate savings and property without limitations and ...

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Liberals Still Have a Chance to Save the Administrative State

On January 17, the Supreme Court hosted oral arguments which, while over a hyper-technical legal i...

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How a French health insurance unicorn plans to leverage AI to reach profitability

Alan’s meteoric rise in the French tech ecosystem has been both figurative and literal. A few year...

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