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Report reveals impact of US tariffs on global insurance sector
“Despite these large trade and market disruptions, we believe that the impact on most well-diversified insurance companies is manageable,” said Nadja Dreff, senior vice president, sector lead Global Insurance & Pension Ratings, Morningstar DBRS. “We expect insurers will take mitigating actions in the form of premium increases, adjustments to supply chains, tighter control of expenses,…

Oregon Supreme Court: Insurers can still seek contribution after payment despite co-insurer’s settle
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…

LIC’s Jeevan Labh Plan 736: A Comprehensive Guide to the New and Improved Version
For a personalized premium calculation and detailed benefit illustration of LIC’s Jeevan Labh 736, download the Smart – All In One Calculator Android app. This app provides: ✔ Instant premium calculations based on your age, term, and sum assured ✔ Maturity benefit estimation with bonuses and final addition bonus ✔ Comparison of different policy terms…

Liberty Mutual avoids liability in performance bond dispute with subcontractor
Following the termination, Liberty and ISOP, acting as sureties, engaged Professional Construction Consulting (PC2) to evaluate the site and identify a new contractor. Jeff Bruce—owner of two distinct entities, E&I Global Energy Services, Inc. and E&C Global, LLC—entered discussions with PC2. Ultimately, E&C was named in a March 2017 tender agreement and in the subsequent…

Distinguished, Johnsonese partner with NITO on insurance for touring artists
The insurance offering is part of Distinguished’s Fine Art & Collectibles program, which includes coverage options for items integral to creative work. The program, developed in collaboration with Johnsonese, is structured to address the specific risk profiles of artists, performers, and the professionals who support them. Source link