Risk digitization tops tech priorities for insurers in UK and North America – Cytora

In a decision issued April 10, 2025, the Oregon Supreme Court affirmed that Continental Casualty Company retains the right to seek contribution from another insurer for environmental cleanup defense costs it paid, even after the co-insurer entered into a settlement with the insured. The court’s ruling in Continental Casualty Co. v. Argonaut Insurance Co., 373…

P&C delivered an 18.7% rise in its operating result to €1.03 billion. This was attributed to robust premium growth and improved margins. The combined ratio improved to 89.7%, down from 91.0% in Q1 2024, with both loss and expense ratios contributing to the result. The undiscounted combined ratio also improved, decreasing to 92.0% from 93.7%….

Before that final payment, however, K&B reached a separate settlement with Moving & Storage’s insurer, Selective Insurance Company of America. On November 16, 2020, Selective paid K&B $92,424.24 in exchange for a general release. The agreement released both Selective and Moving & Storage from “any and all claims that may be submitted by another insurance…

Deal boosts transportation focus and strengthens broker network across the Southwest Source link

“AFERM and DRI International, while different in scope, share that common goal and we look forward to working with both groups to advance risk management, keep businesses resilient, and to make the world a more sustainable and safer place,” he said. Source link

Rising premiums add new strain to homelessness response Source link