Insurance News

The U.S. Department of Labor obtained a consent judgment and order in the U.S. District Court for the Northern District of Illinois on Dec. 2, 2024, that requires D’Nuez Corp.

Beyoncé and Jay-Z's $200 million Malibu mansion is just one of the homes that was under threat California’s insurance market is heating up – both literally and figuratively – thanks

Avoiding bias and ensuring fairness are critical for adoption The role of artificial intelligence (AI) in the insurance industry has grown significantly, but its rapid adoption is accompanied by complex

Social inflation will continue to be a top concern for insurers and reinsurers in 2025 with US liability claims increasing by 57% during the past decade and nuclear verdicts rising

Here's what you can expect over late December and early January It’s that time of year agai  » Read More

Despite the rapid pace of innovation, CIWA is unwavering in its commitment to high ethical standards As the Franklin wildfire ravaged Malibu last week, it’s a dire end of the

Focus shifts to core products amid market volatility and reform Safeco, a subsidiary of Liberty Mutual, will exit several smaller insurance lines in California due to increasing market risk and

Mandatory UIM coverage could reshape policies for drivers The District of Columbia city council is reviewing legislation that would raise mandatory minimum auto insurance limits for property damage and third-party

Specialty insurer prepares for 2025 operations under new IFSC license WR Berkley Corporation announced that its subsidiary, Berkley Insurance Company, has received approval from the International Financial Services Centres Authority

North Carolina-based insurer to operate as an independent subsidiary LWCC, Louisiana’s largest workers’ compensation insurance carrier, announced it has acquired 100% ownership of Prescient National, a North Carolina-based workers’ compensation