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Global reinsurance capital is on track to hit $705 billion in 2026, driven by strong growth in both traditional and third-party sectors.
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.
Everest Group Ltd. will sell its Mexican subsidiary to Fairfax Financial as part of a strategic shift to concentrate on reinsurance.
Chubb has appointed Dave Roberts as president of Westchester, while Dave Lupica assumes the role of executive chairman, ensuring strategic oversight.
A Delaware judge rules that insurers cannot recoup a $50 million settlement paid to NYU after Superstorm Sandy, highlighting issues of policy language.
A recent report reveals significant increases in California's cumulative trauma claims, indicating shifts in workforce dynamics and legal representation.
Wildfire catastrophe bond sales have topped $5 billion this year, approaching last year's total, driven by increasing fire risks across Europe.
A Wisconsin appeals court ruled that workers' compensation covers claims from a deadly plant explosion, blocking civil tort claims against Nationwide Mutual.
Willis Towers Watson faced a significant 30% drop in net income for Q2, even as organic revenue increased by 5%.
Munich Re reports a 50% decline in global insured natural catastrophe losses in H1 2026, driven largely by severe U.S. thunderstorms.
Everest Group's net income dropped 17% year-on-year to $559 million in Q2, with gross written premiums falling 7% to $3.7 billion.
The Joint War Committee has broadened the high-risk zone in the Red Sea due to increased maritime attacks, impacting shipping operations in the area.
W.R. Berkley announces key leadership shifts in its reinsurance division, promoting Daniel Westcott and Robert Coyne within the organization.
Brown & Brown's organic revenue slipped 0.7% as declining property insurance rates and segment variations impacted overall performance.
Munich Re achieved a net profit of €2.2 billion in Q2, buoyed by minimal catastrophe losses and strong investment results, indicating a favorable market outlook.
The Massachusetts Supreme Judicial Court upheld federal law, blocking a local health board's effort to shut down a Verizon cell tower over safety concerns.
The Iowa Court of Appeals upheld Des Moines’ denial of a worker's claim for benefits, ruling it had sufficient grounds to dispute the matter.
A Florida appeals court overturned a nearly $10 million award to a former police officer, ruling the city fulfilled its insurance obligations.