Insurer wins dispute over flooded garage 'seepage' exclusion
A complainant who lodged a claim for water damage after her garage was inundated will not be compensated after a...
Month: April 2023
Cat bond market reassumes growth trajectory, but pricing tightens: Aon
The catastrophe bond market has reassumed its growth trajectory during the first-quarter of 2023, with an increase in transaction sizes...
A New Brightway Agency Opens in the Bay State
A new Brightway Insurance Agency has launched in Massachusetts. On March 31, 2023, Brightway announced that The Joe Lyman Insurance...
ACCC flags doubts over insurance impact from Suncorp bank sale
The Australian Competition & Consumer Commission (ACCC) has doubts over several aspects of the proposed $4.9 billion sale of Suncorp’s...
Helios appoints Martin Reith as CEO
Helios Underwriting, the Lloyd’s of London focused investment and underwriting vehicle that counts among its capital backers a share from...
ASIC sues Auto & General over alleged 'unfair' contract term
Australia’s corporate watchdog is suing Auto & General over a contract term requiring its policyholders to notify the insurer ‘if...
The JMA v. Zurich Appeals Court Ruling: A Warning Against Insurers’ Delayed Payment of Insureds’ Legal Fees”
On March 31, 2023, the Appeals Court issued a ruling in the case of John Moriarty & Associates, Inc. (JMA)...
Code committee targets culture after more than half of brokers report no breaches
Brokers have been urged to review their internal compliance processes and culture after more than half did not self-report a...
Women leadership in insurance: How this CMO reached the C-suite
Despite companies becoming more vocal about gender equality and inclusivity, insurance and technology industries remain male-dominated, especially when it comes...
6 steps to avoid fake bank fraud amidst US bank troubles
Authored by QBE, Portfolio Managers, Risk Solutions, Chris Pavlou and Carly EvenissWarning to stay secure, as recent banking difficulties could...
