Insurance

Note: This content was produced in Russia where the law, where the law restricts coverage of Russian military operations in Ukraine. Moscow’s plan to implement a new law enabling authorities to seize the assets of Western firms leaving the country …

The UK Treasury has announced the appointment of Ashley Alder as the new chair of the Financial Conduct Authority (FCA). Alder is currently chief executive officer of the Securities and Futures Commission (SFC) in Hong Kong, a role he has …

A New Jersey insurance agency has failed to convince two courts that a landscape gardening insurance policy for a long-time client was ambiguous enough to also cover tree removal. The agency also struck out with its argument that tree removal …

California firefighters were gaining ground in the battle against a wildfire that poses a threat to a grove of giant sequoias and a small community in Yosemite National Park. The Washburn Fire on the western flank of the Sierra Nevada …

Data exfiltration, or the theft or unauthorized transfer of data from any device, is a common form of cyber crime, and specialist insurer Beazley found in a recent report that the criminals are becoming much more sophisticated. The company released …

California Insurance Commissioner Ricardo Lara ordered insurance companies to preserve residential insurance coverage for more than 85,000 policyholders affected by fires in Santa Barbara County and Monterey County after Gov. Gavin Newsom issued emergency declarations this month. The commissioner’s bulletin …

Supporters of initiatives to legalize recreational marijuana and scale back casino gambling submitted thousands of signatures Friday to get their proposals on the Arkansas ballot. Friday was the deadline for groups to turn in the signatures needed to qualify for …

Accuserve Names Rob Hanson as CCO Accuserve Solutions announced the appointment of Rob Hanson as chief client officer. Hanson will be responsible for ensuring customer success and driving the company’s growth across multiple markets. He will lead the account management, …

An insurance company is not responsible for premises liability damages after a man was shot and killed outside an Atlanta grocery store in 2019, thanks to unambiguous policy exclusions, a federal judge ruled Monday. Colony Insurance Co., part of Argonaut …

According to analysis by insurtech Policygenius, home insurance premiums are rising faster than inflation From May 2021 to May 2022, the price of goods and services increased 8.6% in the U.S. In the same time period, home insurance costs outpaced …