Industry News
22 States Move to Block 3M’s $10.3 Billion PFAS Deal
A group of 22 states and U.S. territories on Wednesday moved to block a proposed $10.3 billion settlement that would resolve claims against 3M Co over water pollution tied to "forever chemicals," ...
Climate Change Lawsuits More Than Double in 5 Years as Impacts Hit Home
The number of court cases related to climate change has more than doubled in five years as impacts ranging from shrinking water resources to dangerous heatwaves hit home for millions, a report said ...
Tech Bytes: New Partnerships at Slice, Simply Business, Send
Slice, a technology company with an on-demand insurance platform and products to protect small businesses, has partnered with First Connect Insurance Services. First Connect is an InsurTech platform ...
Automation, Analytics Behind Proactive Approach to Insurers Facing Hurricane Losses
A new report by Insurity, a cloud-based software provider for insurance carriers, brokers and MGAs, highlights the best practices insurance organizations can implement to move away from a reactive ...
Chubb Quarterly Profits Come Out Stronger Than Expected
Chubb beat estimates for quarterly profit on Tuesday as higher returns from its investments cushioned a hit from catastrophe-related claims. Investment income, which had slumped for most insurance ...
Berkley on Industry’s Financial Results: ‘Cat Losses Count’
The fact is, catastrophe losses are a part of an insurers' financial results and not a line item to be dismissed, said W. Robert Berkley Jr, president and chief executive of W.R. Berkley Corp, during ...
Firms With Flexible-Work Policies Hire Faster Than Those Fully in Office: Research
Companies with flexible in-office policies are hiring faster than those that have fully returned to pre-pandemic attendance rules. But landing a flexible job still comes with challenges. New research ...
Farmers Forced to Rescind Thousands of Nonrenewal Notices in Georgia
About the same time that it announced a major pull-back from the Florida and California markets, Famers Insurance also sent thousands of nonrenewal notices to Georgia homeowners. In Georgia, though, ...