Guy Carpenter, the reinsurance arm of Marsh, has been rebranded Marsh Re — retiring a name that has been in the insurance and reinsurance market for more than 100 years. “A new name for an expanded vision,” said the promotional …
Actress Blake Lively will get just over $400,000 of the $8 million she sought in legal costs from actor and director Justin Baldoni after they settled their fight over the production of their 2024 film “It Ends With Us,” a …
Small business focused insurtech Foxquilt said it has launched an admitted errors & omissions product with a rollout to 10 states starting in September. E&O is Foxquilt’s second admitted product in the U.S. along with commercial general liability. “E&O is …
The insurance industry should be prepared to withstand $171 billion in insured catastrophe losses, on average in a given year, up $19 billion from a year ago, according to Verisk, the data analytics and technology provider. In its highest estimate …
The Michigan Department of Insurance and Financial Services (DIFS) joined 48 state financial regulatory agencies in reaching a $15.5 million settlement with mortgage servicer NewRez for improperly imposing “force-placed” insurance costs on borrowers who already had active homeowners insurance policies. …
Coalition, the San Francisco-based cyber managing general agent and cyber-security firm, has launched Active Cyber Insurance for Enterprises in the UK, a solution designed to meet the complex cyber risk needs of large organizations. Following the announcement of Coalition’s expanded …
Texas is mobilizing emergency response crews in anticipation of expected flash flooding from a now fully-formed tropical storm that forecasters predicted would hit the southeast part of the state on Tuesday. Federal forecasters elevated a tropical depression in the Gulf …
A Warren County, North Carolina man has been charged with insurance fraud for allegedly seeking an insurance payment from a restaurant where he claims he found cockroaches in his food. Investigators say it was one of four similar cockroach complaints …
Sunstar Insurance Group announced it has hired Tod Ashby as Chief Information Officer, where he will lead the company’s technology strategy, enterprise infrastructure and systems modernization as Sunstar continues to build the scalable platform needed to support its growth. In …
American Airlines will pay $200,000 to settle a disability discrimination lawsuit brought by the U.S. Equal Employment Opportunity Commission (EEOC), the federal agency announced. According to the EEOC’S lawsuit, American Airlines failed to provide a reasonable accommodation to an employee …