Insurance News

Move intended to maintain market stability and coverage availability California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a temporary

Capacity deals strengthens its market position DUAL North America has secured $100 million per risk capacity for fine art, jewelry, couture, wine and spirits and other valuable a  » Read More

Initiative to enhance digital and data capabilities Independent insurance brokerage Lockton has established a digital office to focus on data, analyt  » Read More

Sompo Holdings Inc., the Tokyo-based insurance holding company, announced it is restructuring its business into two global segments: Sompo Property and Casualty re/insurance (Sompo P&C), and Sompo Wellbeing, effective April

The plaintiffs have not opposed the motion The US Department of Labor has asked the 5th Circuit Court of Appeals to pause its appeal of a stayed rule that would

Coca-Cola Co. and PepsiCo Inc., both government contractors, are preparing to comply with President Donald Trump’s executive order banning diversity, equity and inclusion programs, according to people familiar with the

Convex Group Ltd., the international specialty insurer and reinsurer, announced it has received in-principle approval to launch Lloyd’s Syndicate 1984, which will commence underwriting in April 2025. Convex said it

Product covers pollution and other professional coverage Mosaic Insurance has introduced a combined environmental product that integrates primary commercial general liability with pollution and professional coverage.  » Read More

Mosaic Insurance has launched a combined environmental product that merges primary commercial general liability with a suite of added pollution and professional coverages. The company’s new Site Pollution & General

A growing number of prominent companies have scaled back or set aside the diversity, equity and inclusion initiatives that much of corporate America endorsed following the protests that accompanied the