22 05, 2026

‘Decisive Sign of a Softened Market’: Premiums Decreases Across All Accounts, Says CIAB

By | May 22nd, 2026|Uncategorized|Comments Off on ‘Decisive Sign of a Softened Market’: Premiums Decreases Across All Accounts, Says CIAB

For the first time since the third quarter 2017, respondents to a recent quarterly survey said average premiums decreased across all account sizes. During the first three months of 2026, The Council of Insurance Agents & Brokers (CIAB)’s market survey …

20 05, 2026

UK Warned of Housing Market Risks as Flood Re’s Future Unclear

By | May 20th, 2026|Uncategorized|Comments Off on UK Warned of Housing Market Risks as Flood Re’s Future Unclear

The U.K. government must provide clarity on the future of Flood Re or risk seeing its failure to do so feed through to the country’s housing market. That’s according to the Climate Change Committee, a group created back in 2008 …

20 05, 2026

Murdaugh Sues Clerk Whose Actions Led to Overturning His Murder Conviction

By | May 20th, 2026|Uncategorized|Comments Off on Murdaugh Sues Clerk Whose Actions Led to Overturning His Murder Conviction

Alex Murdaugh has filed a lawsuit against the court clerk whose behavior during his murder trial led the South Carolina Supreme Court to overturn his convictions and life sentence for the deaths of his wife and son. The suit filed …

20 05, 2026

Barney Frank, Key Lawmaker During Financial Crisis, Dies at 86

By | May 20th, 2026|Uncategorized|Comments Off on Barney Frank, Key Lawmaker During Financial Crisis, Dies at 86

Barney Frank, the quick-witted Democratic congressman who found himself on the front lines of the government’s rescue of the American financial system in 2007 and 2008, has died. He was 86. He died on Tuesday at his home in Ogunquit, …

20 05, 2026

Jury Sides With Insurers, Finding Takeda Pharmaceutical Liable for $885 Million in Damages

By | May 20th, 2026|Uncategorized|Comments Off on Jury Sides With Insurers, Finding Takeda Pharmaceutical Liable for $885 Million in Damages

A U.S. jury found Takeda Pharmaceutical liable for causing about $885 million in damages by delaying a generic version of its constipation drug Amitiza through an anticompetitive scheme. Jurors in federal court in Boston, following a five-week trial, sided with …

20 05, 2026

Markets/Coverages: BHSI Offers New Casualty Insurance Policies in Switzerland

By | May 20th, 2026|Uncategorized|Comments Off on Markets/Coverages: BHSI Offers New Casualty Insurance Policies in Switzerland

Berkshire Hathaway Specialty Insurance (BHSI) announced the launch of two new casualty insurance policies in Switzerland: one multinational and another for domestic risks, both tailored for large corporate and upper middle market commercial and industrial organizations in Switzerland. The new …

20 05, 2026

People Moves: Liberty Names Kooijman as GM, Insurance, Netherlands, Belgium, Nordics

By | May 20th, 2026|Uncategorized|Comments Off on People Moves: Liberty Names Kooijman as GM, Insurance, Netherlands, Belgium, Nordics

Liberty Taps Kooijman as General Manager, Insurance, Netherlands, Belgium, Nordics Liberty Specialty Markets, part of Liberty Mutual Insurance Group, announced the appointment of Monique Kooijman as general manager for Netherlands, Belgium and the Nordics, subject to regulatory approval. Kooijman will …

20 05, 2026

‘Am I out?’ Drought and Rising Costs From Iran War Deepen Pain for US Farmers

By | May 20th, 2026|Uncategorized|Comments Off on ‘Am I out?’ Drought and Rising Costs From Iran War Deepen Pain for US Farmers

Scott Irlbeck crouched in a field of stunted wheat plants in a parched stretch of West Texas and slipped his hand into a crack wide enough to swallow it. Last autumn, Irlbeck planted a crop that barely grew because rain …

21 05, 2026

Sands Point Risk Acquires New Jersey’s Launch Environmental Underwriters

By | May 21st, 2026|Uncategorized|Comments Off on Sands Point Risk Acquires New Jersey’s Launch Environmental Underwriters

Sands Point Risk, a multi-program managing general agency platform, has acquired Launch Environmental Underwriters, a provider of environmental general liability insurance. Jersey City, New Jersey-based Launch focuses on complex risks across the energy, infrastructure, construction, chemical, mergers and acquisition, and …

21 05, 2026

JPMorgan Banker Sues Ex-Colleague Over ‘Fabricated’ Sex Claims

By | May 21st, 2026|Uncategorized|Comments Off on JPMorgan Banker Sues Ex-Colleague Over ‘Fabricated’ Sex Claims

The JPMorgan Chase & Co. banker named in a graphic sexual harassment suit that went viral last month hit back at her accuser with a defamation counterclaim, calling his allegations “entirely false” and “malicious.” Lorna Hajdini on Tuesday night countersued …