The excess and surplus lines insurance market is witnessing slower growth, particularly in property segments, amid increased competition and lower rates.
As AI accelerates cyberattacks, organizations must adapt their defenses more swiftly, optimizing tools and strategies to counter rapidly evolving threats.
A Delaware court has ruled that an excess insurer must cover a securities firm’s defense costs in a significant arbitration case, emphasizing the complexity of D&O coverage allocations.
A Massachusetts court ruled MAG Mutual must fund Dr. William O’Connor's legal defense over allegations of stalking and improper prescription practices.
A North Carolina appeals court ruled that heat safety violations did not allow a worker to bypass the workers' compensation system for damages.
July saw a slowdown in most commercial insurance renewal rates, particularly in commercial auto, according to Ivans Insurance Services.
ACORD has appointed John Kellington as its new CEO, succeeding Bill Pieroni, as the organization continues to focus on industry standards development.
Rebecca Simeone, previously a senior risk manager at Beazley, steps into the U.S. chief risk officer role at Canopius, effective September 8.
Coface's net income fell to €108 million in the first half of the year due to economic stagnation and tariffs, although revenue exhibited slight growth.
Global reinsurance capital is on track to hit $705 billion in 2026, driven by strong growth in both traditional and third-party sectors.
Accredited Insurance expands its marine risk coverage in Greece and Cyprus through a new partnership with Hellenic Hull Management.
A New York court allows a construction worker to pursue his injury lawsuit while dismissing financial claims against his employer due to workers' compensation benefits.
An Ohio court upheld permanent total disability benefits for a respiratory therapist, clarifying the role of objective medical evidence in benefit decisions.
A California appeals court upheld an insurer’s cancellation of a policy due to an employer's failure to provide payroll records, clarifying audit compliance obligations.
AIG is realigning its property portfolio due to intensifying competition in commercial insurance while leveraging growth in casualty lines.