Insurance

South Korean firms Samsung Fire & Marine Insurance, Mirae Asset Financial Group and Hyundai Marine & Fire Insurance Co. are in exploratory talks about entering India’s $130 billion insurance market, three Indian sources said. The interest comes as India has …

Chronic exposure to pollution from wildfires has been linked to tens of thousands of deaths annually in the United States, according to a new study. The paper, published Wednesday in the journal Science Advances, found that from 2006 to 2020, …

Independent personal lines agency Goosehead Insurance and newly launched Planet Insurance Agency said they have a strategic franchise partnership for customers shopping for homeowners insurance. Meriden, Connecticut-based Planet Insurance Agency was launched last month through Planet Financial Group. Through the …

A unit of Aon Plc agreed to settle a class-action lawsuit alleging that calculation errors and faulty investment advice caused Pennsylvania public school teachers to make millions of dollars in extra contributions to their pension fund. The firm’s Aon Investments …

A bill prohibiting post-loss assignment of benefits agreements passed the Washington Senate on Thursday on a unanimous vote. Senate Bill 6178 was backed by Washington Insurance Commissioner Patty Kuderer, halting post-loss assignment of benefits, an agreement that allows a third …

Uber Technologies Inc. was hit with $8.5 million in damages in a trial over a 19-year-old woman’s claim that she was raped by her driver in Arizona, raising the rideshare giant’s risk of a costly settlement to resolve thousands of …

The six people killed in a fiery plane crash in Maine were flying to France’s Champagne region to scope out the next travel destination for high-net-worth clients when their small jet flipped on the runway during takeoff. They included an …

XPT Specialty, headquartered in Plano, Texas, hired Kyle Goedeke as an underwriter/broker. Goedeke has nearly a decade of experience across wholesale brokerage, underwriting, and excess and surplus (E&S) line placements. In his role at XPT Specialty, Goedeke will underwrite and …

A federal judge declared unconstitutional a 2021 Texas law restricting state investments in companies seeking to rely less on fossil fuels or boycott that industry. In a decision made public on Wednesday, U.S. District Judge Alan Albright said the law …

Kristen Hanneman made a small decision in 2022 that would upend life for her entire town. State scientists were checking private drinking water wells across Wisconsin for a widely used family of harmful chemicals called PFAS. They mailed an offer …