Industry News
U.S. Mass Shooting Insurance Rates Jump as Incidents Rise
The cost of buying insurance protection against mass shootings has spiked more than 10 percent in the United States this year following a string of deadly events, insurers said. The United States ...
The Latest Launches From Hippo, Woodruff Sawyer, Markel
Hippo Insurance Services announced the expansion of its mortgage partner channel, as well as availability of its home insurance products in Massachusetts. Hippo assists loan originator and servicer ...
NYC, Miami, Tampa, New Orleans Tops Among Storm-Surge Exposed Cities
New York, Miami, Tampa, and New Orleans are the metro areas with the most single-family homes at risk of heavy damage from storm surge during hurricanes, according to a report released by CoreLogic, ...
Supreme Court Sides With Doctors Challenging Opioid Convictions
The U.S. Supreme Court on Monday made it harder for prosecutors to win convictions of doctors accused of running "pill mills" and excessively prescribing opioids and other addictive drugs, by ...
Judge Approves $1B Settlement in Deadly Florida Condo Collapse
A judge gave final approval Thursday to a settlement topping $1 billion for victims of the collapse of a Florida beachfront condominium building that killed 98 people, one of the deadliest building ...
Carriers Will Be Slow to Raise Limits in ‘Nuanced’ Pricing Market: CEOs
Commercial insurance pricing may decline in coming months, but disciplined management of capacity will continue for a while, executives speaking at a recent industry conference said, pointing to ...
Executives on the Move at Everest Re, Canopius, Crawford & Co
Everest Reinsurance announced that Brent Hoffman will join the company as senior vice president, head of Claims and chief operations officer at the end of July. He will have dual responsibility for ...
Legal Clashes Await U.S. Companies Covering Workers’ Abortion Costs
A growing number of large U.S. companies have said they will cover travel costs for employees who must leave their home states to get abortions, but these new policies could expose businesses to ...