D&O insurer must forward subpoena costs to biotech firm
Business Insurance
by
1w ago
A federal judge ruled Monday that an AmTrust Financial Services Inc. unit must advance costs a directors and officers liability policyholder faced when responding to subpoenas the U.S. Securities and Exchange Commission issued to former executives of the company ..read more
Visit website
AIG income rises, D&O premium declines
Business Insurance
by
1w ago
American International Group Inc. reported increased adjusted income for the fourth quarter, as investment income surged, but its North America commercial segment saw a drop in premium written as the directors and officers liability insurance market softened ..read more
Visit website
Toll worker struck by ambulance cannot sue: Oklahoma high court
Business Insurance
by
1w ago
An injured toll collector cannot sue over injuries she suffered after an ambulance collided with her tollbooth because of statutory immunity and because she already obtained workers compensation benefits for the injuries, the Oklahoma Supreme Court ruled Tuesday ..read more
Visit website
Banks, insurers in Britain ordered to report sexism and bullying cases
Business Insurance
by
1w ago
Britain’s markets watchdog has ordered more than 1,000 banks, insurers and brokerages to report how many sexual harassment, discrimination and other nonfinancial misconduct cases they have recorded since 2021 and how they have dealt with them ..read more
Visit website
Colorado bill would amend lifetime death benefits for spouses
Business Insurance
by
1w ago
Colorado lawmakers on Tuesday introduced legislation that would amend death benefits paid to surviving spouses in workers compensation claims ..read more
Visit website
Gallagher announces global facultative reinsurance exec changes
Business Insurance
by
1w ago
Arthur J. Gallagher & Co. Wednesday said it is establishing new hubs in Singapore and Sydney for its global facultative reinsurance business and expanding its existing teams in London, New York and Dubai ..read more
Visit website
Breaking hearts in the City of Love
Business Insurance
by
1w ago
Romantic views of the River Seine are not so idyllic for organizers of the Summer Olympics ..read more
Visit website
Marsh launches excess D&O facility
Business Insurance
by
1w ago
Marsh Ltd. Wednesday launched an excess directors and officers liability facility providing up to $40 million in limits to U.S. policyholders and $75 million to others ..read more
Visit website
Hartford reports 30% profit increase for Q4
Business Insurance
by
3w ago
Hartford Financial Services Group Inc. on Thursday posted fourth-quarter net income of $766 million, a 30% increase over the prior-year quarter, driven by strong investment performance and improved results in various lines of business ..read more
Visit website
Generali completes $2.5 billion acquisition of Liberty Seguros
Business Insurance
by
3w ago
Italian insurer Assicurazioni Generali SpA has concluded a €2.3 billion ($2.5 billion) deal to acquire Liberty​Seguros SA, a subsidiary of U.S.-based insurer Liberty Mutual Holding Co., Verdict reported. The acquisition involves the transfer of Liberty Seguros’ operations in Portugal, Spain, Ireland, and Northern Ireland to Generali ..read more
Visit website

Follow Business Insurance on FeedSpot

Continue with Google
Continue with Apple
OR