Commercial Lines
Doctors’ Group Accuse Insurers of Using ‘Junk Science’ to Deny COVID Business Claims
The medical profession in New Hampshire is accusing the insurance industry of using "junk science" in justifying its denials of COVID-related business insurance claims. In an amicus brief in a case ...
U.S. Farmers Battle Floods, Heat in Bid to Replenish Food Supplies
Global grain markets are at a pivot point, with prices finally starting to ease after a dizzying surge earlier this year. Where things go from here could end up being determined by farmers like ...
Over 20 New E&S Entrants Reshaping Marketplace: RPS
Wholesale broker Risk Placement Services (RPS) said more than 20 new insurance companies and managing general agents have entered the excess & surplus marketplace over the last couple of years ...
Gunmakers Face New Legal Threat From Families of Mass Shooting Victims
Families of children and teachers killed in last month's Texas school massacre face a formidable legal battle if they decide to sue the gunmaker whose AR-15 semiautomatic rifle was used in the ...
U.S. Power Companies Face Supply-Chain Crisis This Summer
U.S. power companies are facing supply crunches that may hamper their ability to keep the lights on as the nation heads into the heat of summer and the peak hurricane season. Extreme weather events ...
‘It’s Not Been Fun’: Cyber Insurance Brokers Seek Consistency as Hard Market Settles
Alexandra Bretschneider said it feels like she has been a part-time grim reaper the last two years. The cyber practice leader at broker Johnson, Kendall & Johnson said, "I am just constantly ...
P/C Industry to Finish 2022 in the Red With Combined Ratio Over 100: S&P
For the first time since 2017, the calendar-year combined ratio for the property/casualty industry will eclipse 100 in 2022 due to inflation, said S&P Global Market Intelligence. "We expect that ...
The OIL Group Changes Name as Part of Major Rebrand
Bermuda-based energy insurer OIL Group of Companies has announced a major rebrand and will now be known as Everen Group. The group's operating units have also been renamed: Oil Insurance Limited ...