Insurance Blog

Please read our blog about a wide variety of insurance topics. Please feel free to ask us any questions..

Berkley reports 2% increase in profit in Q3

POSTED: Tue, 22 Oct 2019 16:54:00

W.R. Berkley Corp. reported a 2% increase in profit, to $165.2 million on Tuesday.... Read Article

10 Risks Affecting Climate Change

POSTED: Mon, 21 Oct 2019 04:14:00

Driven by climate change, powerful weather-related events are wreaking havoc across the country – and leaving huge expenses in their wake. See how pinpointing the scope of these threats gives you more control. ... Read Article

Aon appoints executives

POSTED: Tue, 22 Oct 2019 14:26:00

Aon PLC on Tuesday said it has appointed Michael Moran, previously CEO of its Aon Inpoint unit, to a new role scaling best practices across the firm.... Read Article

Court reaffirms Markel unit's duty to defend in cell tower death

POSTED: Tue, 22 Oct 2019 14:08:00

A federal district court has refused to reconsider its ruling that a Markel Corp. unit has a duty to defend a telecommunications company and one of its officers in connection with a cell tower worker’s death.... Read Article

Reinsurance rates forecast to climb at renewals: APCIA panel

POSTED: Tue, 22 Oct 2019 13:57:00

Reinsurance rates will likely increase at Jan. 1, 2020, renewals as primary and retrocessional prices also rise, a panel of experts says.... Read Article

Man who suffered mental breakdown can sue comp claims handlers

POSTED: Tue, 22 Oct 2019 13:50:00

A man who was injured in an explosion at a building materials and equipment company and suffered a multitude of injuries including post-traumatic stress disorder can sue those who handled his workers compensation claim on allegations they ignored his mental injury,... Read Article

Typhoon Hagibis insured losses could reach $16 billion: AIR

POSTED: Tue, 22 Oct 2019 13:41:00

Japan’s Typhoon Hagibis will generate between $8 billion and $16 billion in insured losses, with more with than half of the losses due to inland flooding, catastrophe modeler AIR Worldwide said Tuesday.... Read Article

Clean energy initiative cleaning up at grocery checkout

POSTED: Tue, 22 Oct 2019 13:30:00

Joshua Gagnier visited the Safeway grocery store in Portland, Oregon, on Friday to pick up a $3.33 bottle of Quail Oak Rose wine. When he looked at his receipt, something didn’t make sense. And so the cork was popped on a class-action lawsuit against a municipali... Read Article

Claims with nonpreferred meds decreased 67% with formulary

POSTED: Tue, 22 Oct 2019 13:28:00

The total number of injured workers receiving not-recommended drugs decreased by 67% in Texas’ workers compensation system, according to a report on the effect of the state’s 8-year-old drug formulary that aimed to rein in drugs such as opioids. ... Read Article

Exxon to face trial in New York investor fraud lawsuit

POSTED: Tue, 22 Oct 2019 11:50:00

(Reuters) — Exxon Mobil Corp. on Tuesday will face trial in a lawsuit by New York's attorney general accusing it of misleading investors about the risks of climate change regulations to its business.... Read Article

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