insurance updates

The 11th U.S. Circuit Court of Appeals in Atlanta on Friday continued its recent flurry of pro-insurer, COVID-19 business interruption rulings by deciding against an Acworth, Georgia-based restaurant in its litigation against a Nationwide…

The Commodity Futures Trading Commission said Thursday it has unanimously voted to seek public comment on climate-related financial risk. The commission said its Request for Information’s intent is to “better inform its understanding…

A Hiscox Ltd. unit does not have a duty to defend a medical practice that provided “regenerative” medical products and services which was sued by Georgia for unfair business acts, a federal appeals court…

Looking for a stable job? Ever considered the insurance industry? If you moved to the beach during the pandemic and the idea of commuting to the office five days a week doesn’t appeal, a job in insurance may be the answer. According to the…

The U.S. National Hurricane Center said that Hurricane Agatha is expected to hit Mexico’s southern Pacific coast on May 30, threatening tourist towns in the Mexican state of Oaxaca, KMBC News reported citing the Associated Press. This is…

Citing previous decisions, a federal appeals court on Friday ruled in favor of an Allianz SE unit in COVID-19-business interruption litigation filed by a Miami hotel owner. Abbey Hotel Acquisition LLC, which owns and operates the Setai…

Citing previous decisions, a federal appeals court on Friday ruled in favor of an Allianz SE unit in COVID-19-business interruption litigation filed by a Miami hotel owner. Abbey Hotel Acquisition LLC, which owns and operates the Setai…

Citing previous decisions, a federal appeals court on Friday ruled in favor of an Allianz SE unit in COVID-19-business interruption litigation filed by a Miami hotel owner. Abbey Hotel Acquisition LLC, which owns and operates the Setai…

A federal appeals court on Wednesday issued its third ruling this week against a policyholder in a COVID-19-related business interruption lawsuit filed against State Farm Insurance Co. units by an eyewear retailer. The 11th U.S. Circuit…

Commercial insurance premiums increased by 6.6% in the first quarter of 2022, more than two percentage points lower than the average increase in the fourth quarter of 2021, according to the Council of Insurance Agents & Brokers’ latest…