The sharp increases in flood insurance rates south Louisiana communities are facing have been detailed for the first time in data released by FEMA, with one of the state’s ZIP codes projected to see the steepest hikes of any in the nation and others varying widel
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Florida Insurer Accountability Bill Advances with Bipartisan Support
As insurance rates continue to go up across the state, lawmakers at the Florida Capitol have decided to take action.
Paramount Global Directors Agree to $168 Million Investor Settlement Over Merger
Paramount Global directors agreed to a $167.5 million settlement of investors’ lawsuits over the controversial 2019 merger of CBS Corp. and Viacom Inc. that created the entertainment company.
SIAA Announces North Star Award Winners at Semi-Annual Business Meeting
SIAA announced the winners of the 2023 SIAA Awards at the SIAA Semi-Annual Business Meeting in Nashville, Tenn. on April 20.
USQRisk Announces Promotions to New Global Strategic Positions
USQRisk announced today promotions to newly-created global positions.
Average Commercial Lines Renewal Rates Up Y-O-Y
IVAN’s first quarter results of 2023 showed premium renewal rate change for all major commercial lines of business except Workers’ Compensation are up year over year.
Samsung Employees Allegedly Leak Proprietary Information via ChatGPT
Samsung employees have allegedly leaked confidential company information to AI-powered chatbot, ChatGPT.
Hannover Re Latest Company to Leave Net-Zero Insurance Alliance
German reinsurer Hannover Re on Wednesday became the third major company to leave a global climate alliance.
American Bar Association Network Suffers Data Breach
An unauthorized third party gained access to the American Bar Association (ABA) computer network beginning on or about March 6, 2023 obtaining usernames and passwords of members.
Most Major Health Insurers to Continue Preventive Care Services
Insurer trade groups say preventive services will be preserved while litigation over no-cost coverage requirement is ongoing.