Bessent Says Hormuz Ships Insurance Program to Start Soon March 27, 2026 By Jennifer A. Dlouhy and Skylar Woodhouse Treasury Secretary Scott Bessent said a US insurance program meant to boost shipping through the Strait of Hormuz will begin...
Depreciation on ACV Is OK, Court Says in Knocking Down Class Action vs. Cincinnati March 27, 2026 By William Rabb A property insurer is on solid ground in applying depreciation to actual cash value, as long as the policy makes...
Married Massachusetts Insurance Brokers Plead Guilty to Defrauding Clients of $750K March 27, 2026 A married couple from New Bedford, Massachusetts pleaded guilty yesterday in federal court in Boston to a scheme to defraud...
Viewpoint: Insurance Broker Valuations – The Elephant in the Room March 26, 2026 By Mike Fletcher While insurance broker valuations remained resilient in 2025, essentially staying near all‑time highs, the elephant in the room—Brown & Brown...
Ohio AG Sues Contractors for Allegedly Defrauding Consumers March 25, 2026 In lawsuits filed recently in three counties, Ohio Attorney General Dave Yost accuses three home-improvement contractors and a builder of...
Jury Finds New Orleans Attorneys Guilty in Staged Auto Accident Scheme March 25, 2026 Two New Orleans personal injury attorneys were found guilty last week of running a scheme to defraud insurance companies by...
Loss Trends Outpacing Pricing Assumptions: Other Liability Analysis March 24, 2026 The U.S. insurance industry saw $7.3 billion of adverse loss development in the other liability (occurrence) line during 2025, with...
Chubb Outlines Structure of $20B Gulf Reinsurance Facility, Now Including Liability Cover March 23, 2026 By L.S. Howard Chubb outlined the structure of the new $20 billion maritime reinsurance facility, created to provide marine war risk insurance for...
Two Pilots Killed, Dozens Injured in Jet Collision With Fire Truck at LaGuardia Airport March 23, 2026 By Allison Lampert , Shubham Kalia, Gursimran Mehar, Bing Guan and David Shepardson NEW YORK/MONTREAL/WASHINGTON — An Air Canada Express jet collided with a fire truck while landing at New York’s LaGuardia airport...
Hiscox Manager Faces Greek Perjury Charge Over Extradition Case March 20, 2026 By Renee Maltezou and Kirstin Ridley A manager at London-listed insurer Hiscox faces a criminal charge of providing false testimony during an attempted extradition of a...