[ad_1] Shareholders met in Trieste on Thursday to elect a new board for a three-year term. The vote follows ongoing tensions between management and key investors. On one side is Mediobanca SpA, Generali’s largest shareholder, while on the other are the families of the late Leonardo Del Vecchio and Caltagirone, the second- and third-largest shareholders,…

[ad_1] Writing for the court, Judge Ronald Lee Gilman found that even if Wehr wasn’t sued directly, the allegations in the St. Claire case centered on its conduct, and any resulting liability could still flow back to it. That was enough, the court held, to trigger Phoenix’s duty to defend. Kentucky law, the opinion noted,…

[ad_1] A long-running workers’ comp case tests how far insurers can go in compelling medical exams [ad_2] Source link

[ad_1] What’s going on in the property market? What was once a fiercely hard market marked by tight capacity, high rates, and restrictive terms has, over the last year and a half, softened in dramatic fashion. That change didn’t come overnight, according to Michelle Yuko (pictured on the right), EVP at Amwins Insurance Brokerage. [ad_2]…

[ad_1] The real cost for drivers in Colorado’s auto insurance market includes legal system abuses, catastrophic hail damage, impaired driving, and high repair costs, she said. “Colorado ranks 42nd for wildlife crashes, and adding a fee to address that won’t move the needle on what consumers actually pay,” Walker said. [ad_2] Source link

[ad_1] From senior note issuance to improving personal lines—Selective’s Q1 strategy pays off [ad_2] Source link

[ad_1] The proposed law would apply to intrastate freight carriers hauling loads over 26,000 pounds, including common and contract carriers regulated by the Nevada Transportation Authority and the Department of Motor Vehicles. Opponents, including the Nevada Trucking Association and the American Property Casualty Insurance Association (APCIA), argue the bill could lead to higher premiums, reduced…

[ad_1] Jeffrey Jarboe, who previously led the healthcare practice, expressed confidence in the transition, describing Fox as a natural choice for the role. “Dennis is a great fit to lead our healthcare practice. His deep expertise, extensive experience, and thoughtful approach align well with the next phase of growth for the group and our clients’…

[ad_1] According to the report, by 2050, the global dependency ratio, or the number of seniors per 100 working-age adults, is expected to increase from 16% in 2024 to 26%. This demographic shift will influence consumer behavior, particularly in terms of spending patterns. [ad_2] Source link

[ad_1] “Driven by increased insurer competition and favorable reinsurance pricing, global commercial insurance trends continued to improve for our clients in the first quarter,” said John Donnelly, president of global placement at Marsh. “We expect the overall trend to continue, and for insurer competition to intensify, barring unforeseen changes in conditions.” [ad_2] Source link

[ad_1] A state medical employer argued its injured nurse could still work – but the court didn’t buy it. Here’s what it means for workers’ comp carriers and claims teams [ad_2] Source link

[ad_1] The case began when Weston and Carrie Twigg hired Rainier Pacific Development LLC in 2011 to build a home on a sloped property in Oregon. After moving in, the Twiggs identified multiple construction defects, including a garage floor that cracked and sloped inward, directing water toward the house. A settlement followed. Under a “Repair…

[ad_1] Speaking on a first-quarter earnings call, Greenberg said the federal government should align its trade, economic, and fiscal priorities. He expressed hope that future trade agreements would ease or remove tariffs, which he said have affected the country’s international standing and increased the risk of an economic downturn. [ad_2] Source link

[ad_1] The consolidation will also integrate the Securities Department, which employs ten full-time staff members, into the Insurance Department. North Dakota joins at least 16 other states that have combined oversight of insurance and securities under a single agency. This move follows similar efforts in other states, including South Dakota, which merged its regulatory departments…

[ad_1] NFP expands risk control leadership NFP, an Aon company, has appointed Jake Lyon as senior vice president, Risk Control Advisory leader and Darren Beard as vice president, Risk Control, Transportation in its Construction and Infrastructure (C&I) Group. Lyon and Beard will focus on developing risk management solutions for clients in the construction and infrastructure…

[ad_1] “By partnering with Jewelers Mutual, Orion180 is addressing a need for more comprehensive jewelry coverage that goes beyond standard offerings,” said Ken Gregg, CEO and founder of Orion180. “This collaboration enhances the overall insurance experience for our clients, allowing them to protect both their home and high-value items in one place.” [ad_2] Source link

[ad_1] Poll reveals rising backlash against American workplace influence as Europeans call for stronger labour protections [ad_2] Source link

[ad_1] Most frequently cited vectors of attack identified [ad_2] Source link

[ad_1] Most frequently cited vectors of attack identified [ad_2] Source link

[ad_1] Benefits wrongly cut off – now the state’s highest court has reversed the decision [ad_2] Source link

[ad_1] Following the hurricane, Hamilton paid $81,521.13 to Shellpoint, which accepted the sum without objection. Ahmed, contending the payment was insufficient, sued the insurer directly, alleging breach of contract and seeking recovery as a third-party beneficiary. The breach of contract claim was dismissed early and not appealed. The remaining claim was dismissed with prejudice by…

[ad_1] The accountant’s role has morphed into something more complex and liability prone. With firms offering services like investment consulting, offshore outsourcing, and even insurance sales, they’ve entered regulatory minefields – without necessarily updating their risk protections. Tax-related claims now account for over half of the liability cases at McGowan Program Administrators, and exposure is…

[ad_1] Farrah Ata (pictured), a property and casualty insurance broker for Willis Towers Watson’s M&A practice, has had a front-row seat to these shifts. From automated manufacturing to cyber benchmarking tools, her work reveals how insurers are building tailored verticals for risk lines that didn’t exist ten years ago – and using that infrastructure to…

[ad_1] Following the hurricane, Hamilton paid $81,521.13 to Shellpoint, which accepted the sum without objection. Ahmed, contending the payment was insufficient, sued the insurer directly, alleging breach of contract and seeking recovery as a third-party beneficiary. The breach of contract claim was dismissed early and not appealed. The remaining claim was dismissed with prejudice by…

[ad_1] Are agency owners waiting too long to prepare for the next generation? [ad_2] Source link

[ad_1] “We designed IB+ Data Hub to be more than just a repository of information—it’s a strategic resource for professionals who need to stay ahead of the curve,” said Claire Preen, director of intelligence at Insurance Business. “Whether you’re in underwriting, legal, compliance, or executive strategy, this is about enabling action based on real insight.”…

[ad_1] Time is running out to join Insurance Business America’s 5-Star Program Administrators & Carriers [ad_2] Source link

[ad_1] New rules aim to protect buyers by aligning with SEC and NAIC guidelines [ad_2] Source link

[ad_1] FCCI Insurance Group operates through more than 3,800 independent agents across 20 states and Washington, D.C. Its product line includes coverage for auto, crime, cyber liability, equipment, excess & surplus, property, general liability, inland marine, umbrella, and workers’ compensation, among others. Additionally, FCCI writes contract and commercial surety bonds in 45 states. [ad_2] Source…

[ad_1] New law revises negligent security and jury guidelines [ad_2] Source link