Content from Chad Hemenway
Chubb Loses Bid to Enforce D&O Coverage Exclusions in Opioid-Related Case
A federal judge in North Carolina has ruled against a Chubb subsidiary in its attempt to rid itself of defense-cost obligations in opioid-related litigation by enforcing two policy exclusions. ...
2023 to Test Recent Growth in Private Flood Insurance Market
The private flood insurance market has been growing, but 2023 may provide a real test following Tropical Storm Hilary in California as well as future storms that may come ...
Tile, Amazon Face Lawsuit From Stalking Victims Over Tracking Device Product
A tracking device called Tile may be effective in preventing its user from losing keys, a dog or a purse, but it is also a tool used by stalkers, according to two women ...
InclusionScore CEO: Recent Events Highlight Need to Rein in Costly D&I Risk
At the end of June, James Felton Keith read the news of the U.S. Supreme Court's majority rulings regarding affirmative action in higher education and the application of ...
Kemper Exits Preferred Home and Auto Business
As it reported a net loss in the second quarter of about $97 million, Kemper Corp. said Monday that it is exiting the preferred home and auto insurance market.
Allstate Corp. reported net catastrophe losses of $2.7 billion in the second quarter, resulting in a net loss for the period of $1.4 billion as catastrophe and ... 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 ...
Allstate Records $2.7B Net Catastrophe Hit on Way to Q2 Loss of $1.4B
Berkley on Industry’s Financial Results: ‘Cat Losses Count’
Talk With Fox’s Watters Leads to Big I CEO Rusbuldt’s Early Exit
Bob Rusbuldt—set to retire in about two months as chief executive of the Independent Insurance Agents and Brokers of America (The Big I)—was relinquished of his duties after an interview he ...
State Insurance Regulation of Climate Issues ‘Fragmented’: FIO Report
The Federal Insurance Office (FIO) has released a new report analyzing climate-related issues and gaps in U.S. insurance supervision and regulation, saying state regulatory efforts are fragmented and ...