Revealed – The most common types of insurance fraud
According to the institute, some of those who commit insurance fraud include: Organized criminals who steal large sums through...
News
Is taking out rental car insurance a good idea?
One expert, however, reveals that what rental car companies are offering is not insurance at all. “Car rental agencies insure...
Major insurers hike state auto insurance rates post-lockdown
Policyholders across Arizona will soon be shelling out more money for auto insurance as cars – and associated...
Florida Citizens debates buying from zero to $3.4bn of risk transfer
Florida’s Citizens Property Insurance Corporation is debating buying anything from zero to over $3.4 billion of new reinsurance and risk...
Boy Scouts of America reaches settlement deal with Catholic committee
A settlement has been reached between a committee representing 10 Catholic dioceses and archdioceses and the Boy Scouts...
Berkshire Hathaway acquiring TransRe parent Alleghany in $11.6bn deal
A significant insurance and reinsurance M&A transaction has just been announced, with Warren Buffett’s conglomerate Berkshire Hathaway set to acquire...
State Farm slammed with dozens of pending racial discrimination lawsuits
The insurance giant State Farm has been confronted with dozens of pending lawsuits following claims of racial discrimination...
Many SMEs going it alone at renewal time: Vero Index
More than half businesses are renewing their insurance without receiving expert advice from brokers, with younger buyers particularly likely to...
Allstate lifts target to $550m for Sanders Re III cat bond
US primary insurance carrier Allstate has lifted the target for its first catastrophe bond of 2022 to $550 million of...
Lloyd's member censured over workplace bullying, 'sexualised' comments
Lloyd’s managing agent Atrium Underwriters has been fined a record £1.05 million ($1.87 million) over “detrimental” non-financial misconduct that includes...
