The Roman Catholic Diocese of Syracuse on Thursday announced a $100 million settlement with people who say they were sexual abuse victims as part of its bankruptcy proceedings. Catholic dioceses around the state are dealing with a surge of lawsuits …
The Florida lawyer and entrepreneur who reportedly made millions by disrupting the auto insurance industry’s Medicare set-aside practices is under federal investigation and may be in financial trouble, according to news reports. John Ruiz, whose MSP Recovery, now known as …
Nashville-based Tenco Services Inc., a multi-line claims adjusting firm in six Southeastern states, plans to acquire the James C. Greene adjusting company in Raleigh, North Carolina, Tenco announced. Greene has offices in North and South Carolina and also works in …
Six months after its namesake insurance carrier was deemed insolvent, United Insurance Holdings is rebranding itself in the name of its surviving insurer, as American Coastal Insurance Corp. The St. Petersburg, Florida-based holding company for now-defunct United Property & Casualty …
The US Supreme Court’s ruling against affirmative action has sparked a fierce debate over the future of diversity in corporate America, with dueling sides claiming either that workplace programs are unaffected by the decision, or that they’re suddenly open to …
Federal legislation introduced last week that would require insurance companies with more than $100 million in annual premiums to disclose investments and underwritings related to coal, oil and gas projects, and fossil fuels is already required at the state level …
Significant progress has been made in advancing vendor’s cyber catastrophe models, but a notable degree of variability exists across model outputs, which can pose a challenge to insurance and reinsurance companies as they formulate their views of risk, according to …
Some of the world’s largest aircraft lessors and insurers are aiming to be ready to go to trial in June 2024 over contested insurance claims for aircraft stuck in Russia, a lawyer for one of the lessors said on Monday. …
The explosion early on a June morning ignited a blaze that engulfed a New York City shop filled with motorized bicycles and their volatile lithium-ion batteries. Billowing smoke quickly killed four people asleep in apartments above the burning store. As …
The winners of the Qorus-Accenture Innovation in Insurance Awards were announced recently at a live ceremony in Milan, bringing together the industry’s trendsetters and pioneers. Now in its eighth year, this program has served as a catalyst for insurance innovation, …