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1419 results
  • Brown v Howden: Hays claims no involvement in raid, Howden discloses onboarding guidelines
    Jim Hays outlined $90mn in stock losses as Howden called Brown & Brown’s narrative “false and inflammatory”.
  • Judge grants preliminary injunction in Aon-Howden lawsuit
    Former Aon employees are barred from using Aon’s confidential information.
  • Brown & Brown sues Howden in Massachusetts over employee raid
    The broker is seeking an injunction, arguing it lost customers to Howden over the weekend.
  • Insurance lawmakers ‘disturbed’ by Trump executive order on AI
    The National Council of Insurance Legislators said insurance oversight should be left to states.
  • Lawmakers must overcome ‘fatigue’ to enact legal reforms: Louisiana's Temple
    Louisiana Insurance Commissioner Tim Temple outlined key priorities for 2026 in an interview with Insurance Insider US.
  • Florida’s Yaworsky: State seeing best carrier capitalization in a decade
    The commissioner said more work needs to be done, but big companies are interested in coming back.
  • Chubb shareholder proposal demands exploring subrogation against oil companies
    The proposal says oil companies cause climate change and, thus, increased cat losses.
  • Medical care index up 3.3% YoY in November, with overall inflation at 2.7%
    Inflation was down from the 3% recorded for the 12 months ending in September.
  • Marsh CEO South must sit for deposition in Howden talent raid lawsuit, judge says
    The federal judge said South has direct knowledge about a previous raid involving Aon.
  • Judge blocks Trump from dismantling Fema’s BRIC resiliency funding
    The legal setback came as publication of a Fema reform report was postponed.
  • WTW reaches settlement in breach of contract suit against Howden’s Lombardo
    The parties now have 60 days to file a stipulation to dismiss the action.
  • Tradesman takes dismissed Rico case to NY appellate court
    A district court judge had dismissed the case in September, with prejudice.
  • Defendants in Uber’s Rico case move for dismissal of suit
    Attorneys and doctors targeted by the case claim Uber has no standing to bring a Rico suit.
  • Howden accuses Marsh of ‘forum shopping’ in workplace raid case
    A motion to dismiss argues the case should not have been filed in federal court.
  • 'Huge sense of urgency’ to address insurance concerns: NY Senator Kavanagh
    NY lawmakers are preparing a legislative package to address insurance costs in the Empire State.
  • James River portfolio shopped to legacy buyers amid Fleming Re restructuring
    Fleming Re bought the James River Re legacy book in 2024.
  • Aon suit claims intercepted FedEx packages show depth of Howden poaching
    The packages contained client lists and records saved as “TOP SECRET” on a former employee’s computer.
  • NAIC Postcard: AI and RBC draw regulator attention in sunny Florida, ‘climate’ gets the slip
    Trump’s shadow loomed over the beachside sessions.
  • Alliant files motion to dismiss MMA lawsuit alleging poaching of yacht team
    The case is the latest in a series of lawsuits alleging Alliant raided MMA for talent.
  • Oklahoma AG backs litigation against State Farm over alleged wind, hail claim denials
    The Republican said his office has launched an investigation into the denials.
  • Ford sues Liberty Mutual for claims denial after $4mn loss at EV plant
    Ford had purchased a builder’s risk policy from the insurer.
  • Liberty Mutual ordered to pay $103mn in age discrimination case
    The years-long legal battle was brought on by a former employee alleging wrongful termination.
  • Argo sued by Yellowstone Capital over D&O cover
    The PE fund says Argo failed to indemnify it for costs related to a probe by New York’s attorney general.
  • Allstate files Rico complaint against Florida doctors, pain management clinics
    The insurer says defendants billed “exorbitant” fees for non-existent services.
  • Summers pressed on whether he handed GC ‘recruitment targets’ to Willis Re
    He and Fletcher stand accused of aiding Willis Re in an unlawful team lift.
  • Fleming loses bid to have judge reconsider dismissal of suit against James River
    The company had argued the judge missed key info when dismissing the case.
  • Contempt of court battle in Marsh-Howden litigation heats up
    Marsh has accused its former execs of flouting a preliminary injunction.
  • NY bills would require new reporting, encourage climate suits against Big Oil
    Similar bills targeting fossil fuel firms have been introduced in other states.
  • First insurance-focused climate change lawsuit filed against oil industry
    Plaintiffs claim climate-induced cat losses have spurred increases in premiums.
  • Private credit surge raises alarm of systemic risk for D&O insurers
    A string of high-profile bankruptcies has put more scrutiny on the once marginal sector.
  • Judge to consider compelling Marsh CEO deposition in Howden US dispute
    Marsh is also seeking expedited discovery in a related talent poaching case.
  • Scor, Chubb units ordered to pay $112mn following aluminum plant damage
    A jury awarded $32.3mn for repair costs, and $80mn for business interruption.
  • Farmers lifts cap on new homeowners’ policies in California
    The carrier said it anticipates a better market due to recent reforms.
  • Guy Carpenter drops two UK WTW entities from Willis Re trial
    GC continues to pursue Willis Re and individuals in court.
  • GC-Willis Re trial unpicks 'mistaken' impression of Fisher’s links to start-up
    Senior Willis Re recruit Jim Summers denied Kevin Fisher had a role at the start-up.
  • NY judge denies Marsh’s temporary restraining order request in Howden case
    Parties will now brief on a request for a preliminary injunction on an expedited timeline.
  • GC and Willis Re face off in 'Bermuda Conspiracy' poaching lawsuit
    GC accused Willis, Lucy Clarke, Jim Summers and John Fletcher of unlawful recruitment.
  • Insurance industry met with skepticism around fraud, legal abuse at NYS hearing
    Senators asked for data on fraud but weren’t given any.
  • Lloyd’s launches probe over process breach under Neal
    Whether Clement's promotion was influenced by an inappropriate relationship is in scope.
  • Nuclear verdicts are predictable: Tyson & Mendes
    The plaintiffs' bar has been playing out the same rulebook for 15 years. It’s time the defense catches up.
  • Acting Fema director to resign after six months in post
    He will be replaced at a time when Fema is considering structural reforms.
  • Judge denies Howden’s request to intervene in Parrish suit
    A motion by defendants to dismiss the case was also denied.
  • Insurance industry urges Congress to reform Fema, post-shutdown
    The deal to reopen the government also extended the NFIP.
  • Greenlight Re gets FSR upgrade to A from AM Best
    The Caymans-based reinsurer’s Q3 CoR was 86.6%, down 9.3 points YoY.
  • Mamdani’s affordable housing plans on a collision course with industry headwinds
    The mayor-elect has promised to build 200,000 new units in New York City.
  • Beyond the blast zone: What happens after nuclear verdicts are awarded?
    Many nuclear verdicts become much less radioactive on appeal.
  • Marsh adds Howden to New York team-lift legal action
    The move comes after the withdrawal of a complaint in the Delaware court.
  • Guess sues Zurich NA for breach of contract
    The fashion brand says the insurer failed to defend it in multiple lawsuits.
  • Citizens denies allegations its claims arbitration system is biased
    Critics claim the dispute system denies consumers' key legal rights.
  • Marsh voluntarily dismisses Howden Delaware talent suit
    The dismissal comes after the judge in the case had stayed it just a day earlier.
  • Court vacates $140mn verdict against Kinsale-insured apartment complex
    The defendant held a $1mn general liability policy with Kinsale.
  • Delaware judge stays Marsh-Howden lawsuit, citing lack of urgency in briefs
    A New Jersey judge also refused to grant WTW’s request for a restraining order.
  • Illinois sues State Farm over access to data on homeowners’ policies
    State Farm is under investigation as its premiums have been rising “drastically".
  • CA’s landmark risk rules challenging but not insurmountable: experts
    Industry sources said they expect most larger firms will be able to meet the requirements.
  • Fema disaster mitigation funding suit to proceed despite government shutdown
    A US district judge ruled a delay could put human life and property at risk.
  • Fight over litigation funding disclosure rules heats up at judicial reform panel
    The federal panel hasn’t finalized a timeline for formulating the new rules.
  • Medmal indemnity costs in CA surged 83% since tort reform reversal: Aon
    California may not be the only state to see non-economic damage caps in medmal get challenged.
  • Will State Farm’s AI discrimination suit break the regulatory dam?
    State regulators have largely avoided enforceable AI regulations, but bad news could change that.
  • MMA accuses Howden US’s Southern of ‘staggering betrayal’
    Marsh is also suing a second tier of former Florida leaders.
  • Louisiana asks Trump admin to drop oil spill suit filed under Biden
    The state’s AG said the case threatens continued offshore oil and gas operations.
  • Florida Citizens’ policy count drops below 500k amid wave of depopulation approvals
    The insurer reached highs of over 1.4 million policies in September 2023.
  • Burford CEO takes aim at Chubb’s anti-litigation finance stance
    The executive said record operating income and returns don’t indicate Chubb is “beleaguered”.
  • Correction: Fleming files for US recognition of Bermuda liquidation
    The Bermuda carrier brought a winding-up petition earlier in October.
  • Trump admin pushing for insurer investment in cryptocurrency
    The FIO said it will work with regulators on coverage for digital assets.
  • California proposes regs requiring insurers to report climate, AI risk scenarios
    The regulations are designed to address long-term solvency concerns.
  • Howden slams WTW’s ‘paucity’ of evidence in suit over poached executive
    The broker said WTW hasn’t shown it was irreparably harmed by the defection.
  • ‘We’re holding ourselves accountable’: CA insurance commissioner Lara
    California’s insurance regulator has Fair Plan depopulation, cat models on his mind.
  • Senate committee advances wildfire forest bill championed by industry
    The bill includes provisions to encourage retrofitting homes in high-risk areas.
  • Medical care index up 0.2% in September, with overall inflation at 3%
    September’s medical care index increase follows a 0.2% drop in August.
  • Climate disaster dataset Trump killed is revived by climate non-profit
    A former NOAA climatologist who left the agency is running the new operation.
  • NY hospital captive insurer files for bankruptcy, citing sexual abuse claims
    Northeast Insurance said 55 claims were brought under the Child Victims Act.
  • Cyber insurers narrowing the scope of wrongful collection coverage
    As data privacy litigation increases, insurers increasingly lean on exclusions.
  • 777 Partners co-founder Wander hit with federal fraud charges
    The executive is charged with defrauding investors out of nearly $500mn.
  • Alliant files for dismissal of Marsh surety raid suit
    The motion claims the New York court has no jurisdiction in the case.
  • Talent, AI and litigation funding top of mind at IACP 2025
    The annual meeting took place in Pasadena, California, miles from the site of LA wildfires.
  • Progressive's Florida personal auto profits likely to exceed state statutory limits
    The insurer booked a $950mn policyholder credit expense in September.
  • ‘Woke Chubb’ campaign cements insurance as new front in climate wars
    Activists from the left and the right are focusing on insurance, often on the same issues.
  • Aon-Clear Blue lawsuit over Vesttoo fraud dismissed with prejudice
    Clear Blue originally filed the suit in late 2023, alleging reckless conduct and misrepresentation.
  • QBE pulling out of California as part of US homeowners exit
    The carrier notified California regulators that it would stop renewing plans starting last month.
  • Could Trump’s tariffs, tech and fiscal policy lead to more securities litigation?
    Lawyers said uncertainty raises litigation risks, and signals from the federal government aren’t expected to help.
  • WTW sues Howden US, claiming it poached Lombardo and her team
    WTW claims at least two $1mn accounts were also unfairly lost to Howden.
  • House committee votes to advance Fema reform bill
    The bipartisan legislation would make Fema a cabinet-level agency.
  • California governor signs mitigation discount reforms, Fair Plan cat bond bill
    The governor has yet to sign a pending bill to create a public cat model.
  • Feds arrest Uber driver linked to catastrophic Palisades Fire
    Jonathan Rinderknecht was arrested Tuesday on destruction of property charges.
  • California regulator cracks down on Tesla Insurance over claims handling
    The charges allege “egregious delays” and “unreasonable denials” in claims.
  • American Coastal, TypTap, Sutton hit by Florida insurance regulator fines
    The violations included not using properly appointed adjusters and failing to pay claims.
  • California Fair Plan requests 35.8% rate increase after LA wildfires
    The request cites use of Verisk’s forward-looking wildfire model.
  • Insurance commissioners concerned over government shutdown impact on NFIP
    New home sales could be impacted by a prolonged stalemate.
  • AIG sues captive over fraudulent fronting agreement, counterfeit COIs
    AIG’s filing alleges copyright and trademark breaches, as well as violations of unfair business practice laws.
  • CVS opioid decision could set precedents for PFAS, climate litigation
    The Delaware high court’s reasoning could find application in other cases.
  • New York announces new top insurance regulator
    Superintendent Harris is stepping down this month after four years of service.
  • SMEs as likely to be hit with nuclear verdicts as large firms: Swiss Re
    Juries don’t significantly differentiate in cases involving severe injury.
  • Acord Solutions Group appoints Newman as CEO
    The executive has been with ASG since it was formed in 2016.
  • Insurance impact of potential H-1B cost surge likely minimal
    The insurance industry’s lower reliance on foreign skilled workers softens the blow.
  • Nat cats: Which states are taking resiliency seriously?
    Sources said momentum around resiliency laws is growing at the state and local level.
  • CA Commissioner Lara proposes reforms to rate review process
    The proposed changes aim to establish clear guidelines for intervenors.
  • Judge grants preliminary injunction in Parrish case
    A federal judge restricted former Marsh employees from soliciting for Howden.
  • NY judge dismisses Tradesman’s second amended Rico complaint against Subin
    The case is now headed to appellate court.
  • California lawmakers pass bills for Fair Plan cat bonds, create public risk model
    The measures also seek to encourage greater wildfire mitigation efforts.
  • California: Optimism in the market, but tangibles yet to be seen
    Roughly half a year since the LA fires, brokers said there’s hope things are turning around.
  • Professional lines execs on alert following major VC’s Delaware exit
    A growing divide in business courts could impact future D&O underwriting, sources said.
  • Johns Manville sues Liberty Mutual, Swiss Re over alleged policy breach
    The Berkshire subsidiary is seeking coverage for a $22mn antitrust loss.
  • Everest’s financial strength, long-term ICR affirmed: AM Best
    The affirmations reflect Everest’s strong underwriting diversification.
  • When does mitigation become part of the ‘Patrick Mahomes rate’?
    IBHS CEO Roy Wright says insurers need a comprehensive approach to resilience.
  • The Golden Age of Specialty gives way to the Darwinian Age
    Winners and losers will emerge more clearly, with less opportunity to ride the market wave.
  • Litigation over unpaid claims increasing in Florida: Weiss Ratings
    A report by the ratings agency challenges current industry wisdom.
  • California regulator loses bid to have Fair Plan surcharges lawsuit dismissed
    Litigation seeks to block insurers from passing assessment costs to consumers.
  • Diverging state rules fuel compliance challenges in surplus lines insurance
    Florida led deregulation by eliminating the diligent effort rule in June.
  • Large loss claims account for 88% of cyber losses: Axa XL
    Ransomware claims have made up the majority of recent large losses.
  • Ransomware costs up 17% but claims volume down in H1: Resilience
    The company saw a 53% decrease in cyber claims after a surge in 2024.
  • Swiss Re’s Lot expresses ‘great concern’ as US litigation trends go global
    Litigation funders are promoting “aggressive” tactics in the UK, Holland and Israel.
  • States sue Trump admin over cuts to FEMA pre-disaster mitigation funding
    The suit claims billions of dollars are being illegally withheld.
  • The Trump effect? DEI mentions scaled back in insurer financial filings
    Top companies eliminated or heavily modified language related to DEI this year, analysis shows.
  • Erie’s P&C members get ratings downgrade from AM Best
    The ratings outlook has also been revised to stable from negative.
  • Aon says Marsh team lift litigation is part of pattern to ‘chill competition’
    The broker has filed a motion to dismiss the lawsuit by Marsh.
  • Sompo ratings placed under positive review by AM Best
    The action follows Sompo’s $3.5bn all-cash acquisition of Aspen Insurance.
  • James River urges court to reject Fleming’s request for reconsideration
    James River said the court was right to dismiss the fraud case.
  • Marsh blasts Howden defectors, saying non-competes are enforceable
    The company said defendant "distraction" can’t make up for flimsy arguments.
  • AM Best reviewing Aspen ratings following Sompo announcement
    Ratings agency said the Sompo deal could have positive financial and operational benefits for the Bermudian.
  • Enstar subsidiary Cavello Bay sues Aspen for $400mn over legacy deal breach
    The lawsuit has been filed as sales talks with Sompo yielded a deal.
  • Euclid MD El Rhermoul to leave for Ethos Transactional
    Hasnaa El Rhermoul will be SVP at Ethos Transactional, sources said.
  • NYC mayor signs law lowering PIP for taxis, rideshare drivers
    Under the new law, vehicles will only be required to carry $100,000 in PIP per person.
  • Senators ask NFIP stakeholders for input on proposed flood insurance reforms
    Lawmakers are seeking input on risk evaluation, limits and other concerns.
  • FEMA employees warn that agency cuts make Katrina 2.0 more likely
    The group claims the White House is undermining disaster preparedness.
  • Judge rules Fair Plan smoke damage policy violates state law
    The ruling comes as insurers face growing legal pressures following the January blazes.
  • MMA sues Alliant over Oregon team lift, alleging ‘pattern’ of employee raids
    The lawsuit is the third filed by MMA against Alliant in the past year.
  • Parrish and others say Marsh management issues fueled Howden move
    Parrish, now CEO of Howden US, and his colleagues said they didn’t violate contracts.
  • As US temperatures soar, OSHA considers worker heat protection rules
    The rules would require paid rest breaks, among other measures.
  • Delaware court holds off Marsh bid for Howden restraining order
    A key hearing in the poaching case is set for September 4 in New York.
  • AIG, Chubb win CVS opioid litigation coverage dispute in Delaware
    The state’s Supreme Court upheld two lower court decisions finding no liability.
  • Fleming asks judge to reconsider dismissal of suit against James River
    The company said the judge overlooked key issues in dismissing its fraud case.
  • Allianz Life data reportedly leaked after cyberattack
    The company was hit with a data breach on July 16.
10 of 1419 results