The ACLI has supported a transparent, data-driven approach to RBC processes, Haughawout said, adding that the task force is well-positioned to advance this effort. She also noted that the task force’s first organization call had more than 300 participants, reflecting significant interest in its work.
The case, pending in the Southern District of New York, pits Newmont Corporation and its subsidiary, Newmont Ghana Gold Limited, against several major insurance carriers, including American International Group UK Limited (AIG UK), Munich Re, Swiss Re, Zurich American, Starr International, and several Lloyd’s underwriters. Newmont is seeking coverage under a suite of insurance policies…
CAA alleged that UTA engaged in a deliberate scheme to hire away its clients and employees. The lawsuit included claims such as inducing breach of contract, intentional interference with contractual and economic relationships, aiding and abetting breach of fiduciary duty, and conspiracy—each requiring proof of intentional wrongdoing. The Ninth Circuit held that these claims, by…
Profitability and pricing Implications | Insurance Business America Featured Content Profitability and pricing Implications The California Surplus Lines Market Index highlights the sector’s resilience and adaptability, even amid economic and environmental challenges. These trends serve as both a gauge of market health and a strategic tool for shaping policy offerings, pricing and risk management. Please…
