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Iowa Supreme Court issues ruling on Columbia Insurance Group case
It delivers a win for insurers in a case over whether a contractor’s consumer fraud judgment is covered under a CGL policy Source link
AB 226 moves to senate after 72-0 vote to strengthen California FAIR Plan
The bill, sponsored by Assemblymember Lisa Calderon (D-District 56), would authorize the California FAIR Plan to access additional financial capacity through the issuance of bonds or the establishment of a line of credit. The legislation follows a recent $1 billion assessment issued by the FAIR Plan. Source link
What needs to change about the insurance sector?
The Meet the Executive Series welcomes Sun Life’s Irlande Audenier, in association with NAAIA. In this interview, she talks about her career journey, how to attract more talent from the African-American community, and what she would change about the insurance industry. Source link
Trump’s anti-DEI win could raise D&O, EPL costs
Firms brace for rise in litigation risks Source link
Tokio Marine enjoys massive leap in net income
In response to these results, the group raised its full-year adjusted net income forecast to ¥1.04 trillion, an increase of ¥40 billion from the earlier guidance. The firm projects this momentum will continue into fiscal 2025, with an adjusted net income forecast of ¥1.10 trillion, representing a 3% rise year-on-year. The adjusted return on equity…
What is electric bike insurance?
Electric bike insurance, or e-bike insurance, is an insurance policy to protect you and your e-bike in the event of an accident or a covered loss such as theft, vandalism, or damage to the bike itself. E-bikes can vary greatly depending on the type of motor your e-bike has and how fast it can go,…