Business insurance also recorded a combined ratio of 94.4 and an underlying combined ratio of 88.4, matching results from the prior-year period. In the personal insurance segment, the combined ratio was 106.1, while the underlying combined ratio improved by 6.4 points year-over-year to 89.7.
House Bill 1228 creates a carveout to Kentucky’s long-standing rule that excludes psychological injuries from workers’ compensation coverage unless directly caused by physical harm. The bill, which applies to police officers, firefighters, emergency medical personnel, front-line state workers, and Kentucky National Guard members, introduces a presumption of compensability for PTSD diagnoses stemming from job-related trauma….
However, during the hearing, Zurich disclosed that approximately 15 to 20 employees handled war-risk claims. Judge Corley directed the primary insurers to query those individuals about any prior claims involving vessel seizures, captures, or detainments, and to share their findings with Chevron. Source link
Wassersug, with 22 years of experience at Intercontinental Exchange (ICE), will lead Acrisure’s IT initiatives and support its transformation into a global fintech leader. Meanwhile, Pelsinger, who previously served as global head of corporate development at Palantir Technologies, will oversee Acrisure’s legal, human resources, and regulatory functions. Source link
Despite a decrease in the number of severe flaws, the total volume of vulnerabilities suggested ongoing pressure on IT resources and patching capabilities. The report recommended adopting a multi-layered defense strategy, combining access controls with real-time detection, to protect against identity-driven and zero-day attacks. Source link
