American National halts life policy sales amid strategic business shift

[ad_1] Premiums, fees, and other revenues increased 14% to $13.6 billion, reflecting higher underwriting margins, growth in volume, and stronger variable investment income. These gains were partly offset by unfavorable foreign currency movements and lower recurring interest margins.  [ad_2] Source link

[ad_1] Following the hurricane, Hamilton paid $81,521.13 to Shellpoint, which accepted the sum without objection. Ahmed, contending the payment was insufficient, sued the insurer directly, alleging breach of contract and seeking recovery as a third-party beneficiary. The breach of contract claim was dismissed early and not appealed. The remaining claim was dismissed with prejudice by…

[ad_1] On April 29 alone, the federal Storm Prediction Center logged 781 combined reports of tornadoes, hail, and wind from New Mexico to New York. Multiple other reports were filed during the broader April 27–29 outbreak, spanning much of the central and eastern US. [ad_2] Source link

[ad_1] Fence contractors face a unique mix of exposures, from injuries caused by sharp materials to claims from improperly installed fencing. Whether securing a residential backyard or outlining the perimeter of a commercial site, the right insurance coverage is critical.  In this article, Thomas McMillan, commercial lines staff underwriter at Central Insurance, breaks down common…

[ad_1] Dude Products, a company incorporated in Delaware with its principal place of business in Chicago, is at the center of the dispute. The class action, filed March 20, 2025, in the Southern District of California, claims that Dude Products labeled its products, promoted them on its website, and advertised through third-party retailers as being…

[ad_1] Jury awards are ballooning, and traditional insurers are backing out [ad_2] Source link