The man who has been as much of a litigation nemesis to Florida property and casualty insurers as anyone is launching a new political party and may even run for governor next year. Orlando-based trial lawyer John Morgan, head of …
John Morgan Wants New Political Party, May Run for Governor of Florida Read More »
Reinsurers continued to provide ample casualty reinsurance capacity through the recent January 2025 renewal season – despite concerns about adverse reserve development — however, an availability crisis could be looming, AM Best cautions. In a new report, AM Best points …
Casualty Reinsurance Capacity Is Plentiful but Availability Crisis Could Be Looming Read More »
MONTGOMERY, Ala. (AP) — Divisive legislation that would expand legal immunity for police officers who use excessive force or kill someone in the line of duty advanced in the Alabama legislature on Wednesday, sparking outcry among civil rights attorneys and …
Alabama Lawmakers Advance Bill Making it Harder to Sue Police for Excess Force Read More »
Safety Insurance Group Inc. (SAFT) on Tuesday reported profit of $8.1 million in its fourth quarter. On a per-share basis, the Boston-based company said it had net income of 55 cents. Earnings, adjusted for non-recurring costs, came to 94 cents …
Boston’s Safety Insurance Show Fourth Quarter Profits Read More »
Pen Underwriting, the London-based managing general agent, has expanded and enhanced its specialist insurance proposition for recruitment agencies, to support clients’ international growth strategies and help them respond to increasing legal liabilities arising from contractual complexities. With immediate effect, Pen’s …
Markets/Coverages: MGA Pen Expands International Cover for UK Recruitment Agencies Read More »
British drugmaker GSK will no longer set diversity targets, it said on Thursday, as it became the latest company to scale back or abandon such goals in response to the U.S. president’s opposition to them. President Donald Trump has issued …
British Drugmaker GSK Abandons Diversity Targets Following Trump Pressure Read More »
The UK set out a raft of reforms designed to improve building safety, as it aims to clamp down on failures that contributed to the Grenfell Tower fire. The government is planning tougher rules on construction product safety, backed by …
UK Sets Out Reforms to Address Failures in Grenfell Tower Fire Read More »
A working paper from the U.S. Congressional Budget Office recently estimated the distribution of changes in gross domestic product in the year 2100 resulting from changes in temperature. And it could be bad, really bad—or hopefully not so bad, if …
US GDP Could Take a Big Hit From Climate Change by 2100, Study Shows Read More »
While Western wildfires have dominated disaster news for decades, new analysis using artificial intelligence shows millions of homes across the country—even in the swampy Southeast—are at risk for wildfires. New data analysis from ZestyAI found that $2.15 trillion worth of …
ZestyAI: More Than $2 Trillion in US Homes at High Risk of Wildfires Read More »
Reforms in 2024 to Illinois’ Biometric Information Privacy Act may have slowed the frequency and severity of litigation, but there remain significant consequences for violation of the law. Insurance Journal was able to ask expert Jason M. Rosenthal of Chicago-based …
BIPA Litigation May Subside but Don’t Sleep on Compliance Read More »
