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Slovenian insurer sees business volume grow by 12%
Pregnant worker's death shines light on comp exclusivity
A Missouri Supreme Court case involving a pregnant state employee who was struck and killed in a work zone is drawing attention to the intersection between “personhood” laws – which say life begins at conception – and workers compensation exclusivity.
Video: The BI Interview with Fred Karlinsky of Greenberg Traurig
Fred Karlinsky, a shareholder of Greenberg Traurig and co-chair of the law firm's global insurance regulatory and transactions practice group, discusses recent regulatory reforms in Florida and their effect on the state's insurance market.
Comp board improperly modified claimants attorneys fees: Appeals court
A Pennsylvania appellate court on Tuesday said the state’s Workers’ Compensation Appeals Board erred in modifying a workers comp judge’s order granting an injured worker’s request for attorneys fees in his workers comp case.
Price hikes forecast to moderate in 2024: Fitch
Commercial lines pricing increases are anticipated to moderate, but remain positive in most segments through 2024, according to a report Tuesday from Fitch Ratings Inc.
Alliant acquires public entities agency
Alliant Insurance Services announced Tuesday it acquired Vinsa Insurance Associates, an independent property/casualty insurance agency that focuses on serving public entity organizations.
Ouch! Dog-related injury claim payouts hit $1.12 billion in 2023
U.S. insurers paid out $1.12 billion in dog-related injury claims in 2023, according to the Insurance Information Institute and State Farm, which released the data in line with National Dog Bite Prevention Week.
Virginia governor signs public sector medical pot employee protections
Virginia Gov. Glenn Youngkin on Monday signed into law legislation that offers some public sector employees certain workplace protections regarding the use of medical marijuana.
Taiwan quake to disrupt semiconductor supply chain
Law firm partners in Panama Paper’s scandal face possible jail time
Zurich Insurance to stop underwriting new oil and gas projects
Reinsurance renewals see resurgence in property cat capacity
Howden Group’s reinsurance arm rebrands to Howden Re
Swiss climate policy shortcomings violated human rights, top court rules
Europe's top human rights court ruled on Tuesday that the Swiss government had violated the human rights of its citizens by failing to do enough to combat climate change.
Norfolk Southern to settle Ohio derailment class action lawsuit for $600M
U.S. railroad operator Norfolk Southern Corp. said on Tuesday it had reached a $600 million deal to resolve a class action lawsuit related to the East Palestine, Ohio derailment last year.
Robust reinsurer earnings help rein in renewal price hikes
A rebound in reinsurance industry capital, prompted by strong reinsurer earnings, should help keep reinsurance pricing in check during 2024 renewals, according to sources and recent industry reports.
MGA kWh offering property cover backed by Aspen
San Francisco-based managing general agency kWh Analytics Inc. said Monday it can write up to $75 million in property coverage per renewable energy project location, backed by increased capacity from Aspen Insurance Co.
James River granted preliminary injunction against Fleming in M&A deal
The Commercial Division of Supreme Court, New York County, has granted James River Group Holdings Ltd. a preliminary injunction against Fleming Intermediate Holdings, a portfolio company of private equity sponsor Altamont Capital Partners, ordering Fleming to complete its acquisition of JRG Reinsurance Co. Ltd. on or prior to April 16, 2024.
Record company attempts to get real over song beats
Universal Music Group is facing a lawsuit in New York federal court over an allegedly unauthorized sampling of the beats in hip-hop singer Mary J. Blige’s 1992 hit song “Real Love,” according to Reuters.