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Next stop, divorce court?

1 week 5 days ago
In an interesting twist on a couple’s quarrel involving an angry spouse who may have switched out an engagement ring’s 3.57-carat diamond after an argument, an Illinois appeals court panel on Monday upheld a ruling requiring a Chubb Ltd. unit to pay $176,356.58 to the wife as an “innocent insured” who filed the claim.

Broker M&As slow in first quarter

2 weeks 1 day ago
Mergers and acquisitions among insurance brokers and agents declined 18% in the first quarter, falling to the lowest level of deals since the beginning of the COVID-19 lockdowns in 2020, according to a report released Friday by Optis Partners LLC.