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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

Triple-I urges policy review ahead of busy 2025 hurricane season
The 2025 Atlantic hurricane season is expected to be more active than usual, with 17 named storms, nine hurricanes, and four major hurricanes, according to a new forecast from Colorado State University (CSU) in partnership with the Insurance Information Institute (Triple-I). Source link

Zurich North America announces key promotions in distribution strategy
Sletteland, who assumes the role of regional executive for New York Metro, most recently served as a broker relationship leader. Also based in the New York area, she joined Zurich in 2008 following roles at Marsh McLennan, Priceline, and Citigroup. In her new role, she will be responsible for overseeing Zurich’s engagement in one of…

The industry’s biggest hiring threat isn’t AI – it’s irrelevance
But it’s not just a matter of replacing warm bodies. The new talent needed – underwriters, data analysts, risk managers – must be as digitally fluent as they are technically trained. As insurers adopt AI, predictive modeling, and automation tools to stay competitive, the bar for new hires has risen. Source link

Indiana court reverses defamation ruling against homeowner in EDCO contractor dispute
The case began over a boiler installation in 2014, when Judy Lammons called EDCO Environmental Services, Inc., an HVAC contractor in Crown Point, Indiana, to replace her broken boiler. She agreed to have what she understood to be a new, high-efficiency unit installed. EDCO completed the work that day and billed her for a “new…