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Virgin Islands Supreme Court revives Travelers, Crawford auto coverage dispute
[ad_1] After the accident, Jones submitted a claim to Travelers. Travelers referred the claim to Crawford (V.I.) Inc., a claims adjuster, for evaluation. On March 10, 2014, Crawford, on behalf of Travelers, denied coverage for property damage and bodily injuries, stating that Jones was not operating the rental vehicle and that Turnbull did not meet…

The Hilb Group acquires Maine-based property and casualty agency
[ad_1] The Hilb Group, based in Richmond, Virginia, is a privately held insurance brokerage firm founded in 2009. The company provides property and casualty insurance, employee benefits, and retirement services to businesses and individuals across the United States. It employs over 2,200 people and operates more than 125 offices nationwide. [ad_2] Source link

What Trump’s 90-day tariff reprieve means for the global insurance market
[ad_1] The US back-down on tariffs will have some short (and long-term) effects [ad_2] Source link

Senate bill seeks to extend NFIP through 2026
[ad_1] The most recent short-term extension, passed in December 2024, is set to expire at midnight on March 14 unless Congress passes this legislation or another extension through the government funding resolution. The House of Representatives approved the continuing resolution on March 11, but the Senate had not yet voted on the measure. [ad_2] Source…

Asia-Pacific insurers rethink risk amid regulatory and cyber pressures
[ad_1] “The risk landscape for Australian insurers has never been more complex, with heightened cybersecurity threats, macroeconomic and geopolitical uncertainty, continued regulatory scrutiny from [the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority (APRA)], and the need for greater operational resilience all adding to the challenges faced by insurance CROs and…

UnitedHealth Group swings to Q1 net profit
[ad_1] Troubled health insurer sees revenue increase from a year ago [ad_2] Source link