An attorney for some insurance companies that may be liable for child sexual abuse claims against the Boy Scouts of America asked a judge on Thursday to overturn the organization’s bankruptcy plan.
Author: Annie George
Global InsurTech Funding Dropped in 2022
According to the fourth quarter 2022 Gallagher Re Global InsurTech Report, global insurtech funding fell during the fourth quarter of last year to its lowest level since the first quarter of 2020.
How Earthquake Insurance Works in Turkey
Insurance industry participants say it was too early to assess the losses from the recent earthquakes in Turkey and Syria, but some are trying to sketch a rough outline of possible damages.
Lawmakers Take an Interest in ChatGPT as AI App Gains Popularity
ChatGPT, a rapidly growing artificial intelligence program, has received praise for its ability to write quick responses to a wide range of queries, but has also piqued the interest of US lawmakers with concerns about its impact on national security and education.
Liberty Mutual Announces Creation of Global Cyber Office
Dedicated Global Risk Solutions team helps companies and brokers across the world better manage complex and emerging cyber risks.
Guy Carpenter: Global Property Cat Rates On-line Up 27.5% at Jan 1 Renewals
Global property catastrophe reinsurance rates-on-line increased by 27.5% at the January 1, 2023 renewals, more than doubling the increase seen a year earlier.
WTW Announces New Leadership Appointments in Combined Global Outsourcing Business
WTW today announced two new leadership appointments that combine the company’s regional outsourcing teams into one business globally.
Florida Governor Nominates Michael Yaworsky as Commissioner of the Office of Insurance Regulation
Governor Ron DeSantis nominated Michael Yaworsky as Commissioner of the Office of Insurance Regulation (OIR).
Embedded Insurance and Parametric Insurance: How They’re Evolving
Program Business looks at how embedded and parametric insurance is evolving and what this means for insurance carriers and customers.
Key Insights into the New Wildfire Risk Assessment for California Property Owners: CoreLogic
The California Department of Insurance (CDI) will require insurers to offer discounts to property owners who implement wildfire safety and mitigation measures outlined in the state’s Safer From Wildfires guidelines.