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Insurance moves: IMS and Coalition
They include a president for sales for the Americas and a chief technology officer Source link
Insurance moves: AXA XL, BCBSM, Liberty Mutual, W.R. Berkley and Brown & Riding
They include a new head of cyber and a new president of middle market Source link
US storm causes widespread destruction, leaving at least 40 dead
Insurers preparing for significant claims related to storm-related damages Source link
Triple-I outlines risks and trends in annual report
“Communication is at the heart of what we do,” said Sean Kevelighan, CEO of Triple-I, in his letter accompanying the report. “Over the past year, we have elevated our impact and reach, reinforcing our position as the most trusted and quoted source in the property/casualty insurance industry.” Source link
State Farm escapes liability in Maryland lawsuit over alleged false truck accident report
The plaintiff, William Young, who represented himself, alleged that State Farm submitted a false accident report to the National Accident Reporting Agency, operated by LexisNexis, in connection with an incident that occurred on or about January 5, 2023, in a CVS parking lot in Largo, Maryland. At the time, Young was insured by Progressive, not…
North Dakota looking to limit utilities wildfire liability — report
Senate Bill 2339 would prohibit courts from holding utilities strictly liable for damages caused by wildfires. Instead, utilities could use voluntarily created wildfire mitigation plans as proof that they took reasonable steps to prevent fires. These plans would need to outline high-risk service areas, vegetation management strategies, and wildfire response procedures. Source link