Aviation Reinsurance Rates Rise by Up to 250% – Report January 4, 2021 LONDON — Aviation reinsurance rates rose by up to 250% at the key Jan. 1 renewal date, broker Willis Re...
Canada’s Struggling Hospitality Businesses Face ‘Perfect Storm’ as Insurers Flee October 8, 2020 By Nichola Saminather TORONTO — Canadian hospitality businesses, already reeling from the downturn sparked by the coronavirus pandemic, are facing yet another existential...
Directors’ Liability Insurance Rates Surge on Virus Litigation Fears August 11, 2020 By Carolyn Cohn LONDON — Premiums for directors’ and officers’ liability insurance surged in the second quarter, broker Marsh said on Monday, as...
GOP Lawmakers Look to Limit Car Accident Claims in Louisiana May 14, 2020 By Melinda Deslatte BATON ROUGE, La. — Louisiana’s Republican lawmakers Tuesday advanced proposals to limit damage claims against businesses in car wreck lawsuits,...
Consumer Groups Say Some Auto Insurer Lockdown Rebates Are Too Small April 24, 2020 By Suzanne Barlyn Two consumer groups said on Thursday that some of the largest U.S. auto insurers, including billionaire Warren Buffett’s Geico Corp,...
Silver Lining For Some: Virus Shutdown Boosts China P/C Insurers March 13, 2020 By Sumeet Chatterjee and Cheng Leng HONG KONG/BEIJING — Chinese non-life insurers are discovering a silver lining to the cloud spreading over China’s economic performance from...
She Thought She Had Health Insurance, but Was Left Owing $40,000 March 10, 2020 By Audrey Dutton BOISE, Idaho — Susan Calvin was healthy. Her family was, too. But their health insurance premiums and deductibles were climbing....
Zurich Insurance Sees Best Chance to Raise Prices in 18 Years January 13, 2020 By Patrick Winters Zurich Insurance Group AG expects to have more power to increase commercial insurance rates than it has seen in almost...
Equine Insurance Agency Owner Sentenced for $1.3M Fraud March 12, 2019 The owner of a Rhode Island insurance agency that specialized in insuring horses was sentenced Monday to 36 months in...
North Dakota Town Sees Rising Flood Insurance Costs January 21, 2014 By JESSICA HOLDMAN, Bismarck Tribune Had Greg Larson, a Realtor and riverside homeowner in Bismarck, and his family changed their flood insurance policy, their cost...