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AIG delivers Q1 results above expectations
Growth most notable in the global commercial segment Source link
Oregon Supreme Court overturns $26.3 million class-action ruling against Farmers Insurance Co. of Or
The Supreme Court ruled, however, that Farmers met its legal obligations by using notice language approved by the state’s Department of Consumer and Business Services (DCBS). The court said insurers that adopt agency-approved wording are not liable for omitting portions of the statute, affirming that the legislature intended for such approval to serve as compliance….
AI and cyber risks threaten digital healthcare landscape – CFC
From supporting operational efficiency to alleviating clinician workload, AI is becoming embedded in core healthcare functions. While private equity investment in digital health declined in 2023, CFC observed sustained interest in AI-powered technologies, which remain a key driver of sector transformation. Source link
Generali confirms new board line-up following shareholder vote
Return to shareholders scheduled following strong fiscal year performance Source link
Texas Department of Insurance sued over monthly verification rule for lifetime income benefits
Law argues that the rule conflicts with the Texas Labor Code, particularly Section 408.161, which states that “lifetime income benefits are paid until the death of the employee.” He also cites Section 408.201, which exempts benefits from “garnishment, attachment, judgment, and other actions or claims.” According to Law, the monthly verification requirement amounts to an…
Rebranded and refocused, Cotality tackles wildfire and hail risks
It is making big moves in climate risk tech Source link