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Marsh USA has filed a lawsuit against competitor Alliant Insurance Services, accusing the firm of unlawfully poaching critical commercial surety staff and clients.
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New York City Mayor Eric Adams has enacted a new law that reduces the mandatory auto liability insurance coverage for for-hire vehicles.
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Robust returns in the reinsurance sector are drawing in fresh capital, resulting in more favorable pricing for buyers. However, brokers’ renewal reports note that underwriting discipline remains firmly in place.
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Zurich Insurance Group AG has announced its acquisition of BOXX Insurance Inc., a Canadian company specializing in cyber risk management, marking the Swiss insurer’s latest strategic move to strengthen its presence in the insurtech space.
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The adoption of artificial intelligence in insurance is less a sprint to the finish than a scramble to reach the starting line, experts say.
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Nationwide announced the successful completion of its $1.25 billion acquisition of Allstate’s Group Health business segment. The deal was initially announced in January.
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Philadelphia Insurance announced that its operations have been fully restored after experiencing a network outage.
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Hiscox, the Bermuda-based global specialist insurer, has introduced a new API-driven Cargo solution, designed to underwrite small cargo and stock throughput risks through its network of broker partners.
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A Maryland woman has been indicted on two felony theft charges for allegedly misappropriating funds from a general contractor and the state’s backup auto insurance provider.
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When hurricanes or wildfires hit, the economic toll is immediately apparent — torn-off roofs and scorched homes starkly mark the devastation.
Marsh USA has filed a lawsuit against competitor Alliant Insurance Services, accusing the firm of unlawfully poaching critical commercial surety staff and clients.
