Chinese firm’s swoop on insurer for CIA agents under the spotlight
China’s global investment strategy and industrial ambitions The Wright USA acquisition is part of a broader pattern of Chinese investment…
USLI faces lawsuit as non-profit claims denied workplace coverage
According to the legal filing, the LINK promptly notified USLI and requested coverage under the policy’s Employment Practices Coverage Part…
Court rules Parkland shooting triggers single insurance claim
Evanston argued that each gunshot causing injury – or each individual victim – should be treated as a separate “occurrence”…
New York to launch real-time auto insurance verification system
The law amends New York’s vehicle and traffic law to establish a system where insurers provide the Department of Motor Vehicles with…
Allstate rejects $332k appraisal award after accepting hail damage claim process
Their policy includes endorsement AVP313, titled “Metal Roof Surfaces Cosmetic Damage Exclusion Endorsement,” which excludes “Cosmetic damage caused by hail…
Allianz lifts profit outlook as financials surge
At group level, operating profit rose 12.6% to €4.4 billion, and shareholders’ core net income increased 12.7% to €2.9 billion.…
Trucordia expands national footprint with multiple US acquisitions
In June, Trucordia has added Vegas Valley Benefit Plans, a Las Vegas-based provider of employee benefits and insurance solutions. The…
The Allstate Foundation commits $5 million to address the immediate needs of relationship abuse survivors
Key takeaways: The National Domestic Violence Hotline and FreeFrom will each receive an additional $2.5 million from The Allstate Foundation.…
Nebraska Supreme Court rules on aircraft insurance dispute
DSA’s policy with USSIC covered “direct physical loss of or damage to [the] aircraft caused by an accident while the…
From hard hats to high stakes: How risk consultant bridges the gap between building and insurance
A career pivot: from job sites to consulting Jacquel’s entry into insurance was unplanned. “I was a safety manager in…