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Hawaii resolution pits insurers against oil companies in subrogation claims
Insurance coverage for oil companies Several major insurers, including AIG and Chubb, continue to provide coverage for oil and gas operations. Chubb, for instance, has expressed intentions to underwrite more oil and gas production, aligning with anticipated increases in fossil fuel activities under the current US administration. Source link

Consumer group sues CDI over withheld consumer complaint data
Despite these criticisms, the CDI points to its Consumer Complaint Center where consumers can file complaints and track their status. Additionally, CDI said that the Center for Data Insights and Innovation (CDII) publishes annual reports on health care complaints made by California consumers, including those submitted to the CDI. Source link

W.R. Berkley confirms stake sale to Mitsui Sumitomo
“We have deep respect for MSI developed over years of collaborating with them through the company’s reinsurance operations,” said Rob Berkley, president and CEO of W.R. Berkley. “Their significant investment is a validation of our company’s performance and growth trajectory, and we welcome the opportunity to leverage their international presence to create sustainable stockholder value.”…

7 Policies Electrical Manufacturers Need To Protect Their Business
Electrical manufacturers operate in a complex landscape, balancing high-value equipment, intricate supply chains, and strict safety regulations. The right insurance coverage is critical to safeguarding operations and financial stability, from equipment breakdowns to liability risks. To better understand the key risks electrical manufacturers face—and the coverages that help mitigate them—we sat down with Rachel Pinsonneault,…