New Jersey’s acting attorney general said Tuesday she will not ask the state Supreme Court to review the dismissal of racketeering charges against Democratic power broker George E. Norcross III and those charged alongside him. The decision by Jennifer Davenport, …
BluNiche, the London-based product recall specialist MGA, announced the launch of its Pharmaceutical Recall Insurance product, expanding its portfolio to provide dedicated coverage for the pharmaceutical sector. The new offering provides comprehensive recall protection for pharmaceutical companies, contract manufacturers, contract …
The Indian government must decide in the next few days whether to keep allowing a handful of Russian companies to insure tankers when they deliver oil to the Asian nation. The process comes at a time when New Delhi is …
Amwins Appoints Yuko and Shapiro to Lead New Hospitality Practice Amwins, headquartered in Charlotte, North Carolina, named Michelle Yuko and Joey Shapiro as leaders of its new hospitality practice, a dedicated industry-focused group designed to support retail partners. While continuing …
The Travelers Companies announced the launch of AI Claim Assistant, a fully agentic intelligent voice service to handle customer claim calls. The service, developed using OpenAI model capabilities and APIs, uses advanced language and speech recognition technologies, Travelers said, reporting …
Private equity firm Aquiline Capital said it has entered into a definitive agreement to sell independent insurance broker Relation to investment firm BayPine. Chicago-based Relation was ranked No. 24 in Insurance Journal’s Top 100 Independent Property/Casualty Agencies report with about …
Gallagher Expands Executive and Financial Risk Practice Leadership Team Gallagher, headquartered in Rolling Meadows, Illinois, appointed new leaders in its executive and financial risk practice. Seth Pfalzer has been appointed senior vice president and national director, joining the practice’s board …
The insurance industry has a long history of managing complex long-tail liabilities. In some cases, these liabilities grow so burdensome that they require specialized runoff solutions and as market conditions have evolved, so too have the shape of these runoff …
The Texas Attorney General’s office filed a lawsuit last week against Dow Chemical Co., North America’s largest chemical manufacturer, describing hundreds of water pollution violations from its industrial complex on the rural Gulf Coast in Seadrift. While the state’s 46-page …
A new bill in California would require insurers to offer homeowners insurance to those who meet state home hardening and defensible space requirements. Senate Bill 1076, the Insurance Coverage for Fire-Safe Homes Act, was introduced by Senator Sasha Renée Pérez …