Environmental, social and governance (ESG) is a philosophy, not a catchphrase. A principle for the good of expanding principal, ESG is a chance for the insurance industry to do well by doing good.
Seven people face criminal charges in Fargo for allegedly running a car insurance fraud ring where they crashed into each other’s vehicles and collected insurance money for profit.
The events of the last year have provided many lessons, inside and outside the insurance industry. One concept is a certainty: It’s vital that we are prepared for what the future brings.
The insurance industry has a knack of retaining talent. According to a new report by Vertafore, titled ‘The Insurance Industry Workforce: A New Generation of Opportunity,’ the majority of industry workers, regardless of age group (baby boomers, Gen X, millennials, or Gen Z), see insurance as a long-term career.
Over a year since the first shut down, and the windy road to a pre-pandemic world remains bumpy. For employers, this means responding to yet another COVID-19 occupational health concern arising from long-haul COVID-19 symptoms.
Interstate 41 reopened Wednesday evening, April 21, after white-out conditions and freezing temperatures caused 20 crashes, including a 48 car pileup. Six people were hurt in that crash, and one Tennessee woman was killed.
As we celebrate Earth Day, it’s important to remember that every day is Earth Day in the re/insurance industry. <br />Climate risk is a priority for member companies of the Association of Bermuda Insurers & Reinsurers (ABIR). They bring their expertise, innovation, commitment and claims paying capacity to secure a more resilient world.
On continuous environmental-injury cases, commercial liability insurers are being sued to pay hundreds of millions of dollars more than their proportionate share, and insurer bad faith is not the basis for the disproportionate liability in these cases.
A state agency provided the Legislature with misleading data about Florida property insurance lawsuits, according to an insurance expert, adding to the debate as lawmakers consider a bill to limit consumer access to the courts when seeking claims from insurers.
The world watched as the MV Ever Given remained stuck in the Suez Canal between March 23 and 29. The ultra-large 20,000-TEU vessel was in the middle of its voyage from the Port of Tanjung Pelepas in Malaysia to the Port of Rotterdam, Netherlands, when, according to the vessel operators, strong winds made it run aground.
After years of legal dispute, The Hartford has entered into a settlement agreement and release with the Boy Scouts of America (BSA), wherein the insurer would pay $650 million (before tax) for sexual abuse claims against the BSA associated with policies mainly issued in the 1970s.
Texas is still shaking from one of the most damaging natural disasters in recent history. In February 2021, the southern state and its surrounding neighbors fell prey to Winter Storm Uri -- a deep freeze event that saw temperatures plummet as low as -18C.
As the jury got set to begin deliberations in the trial of Derek Chauvin this week, the judge told them that they would have to rely on their notes from the three-week trial because no transcription of the testimony would be available. Someone tweeted that the lack of a transcript made perfect sense — if the year were 1821.
The future looks brighter every day for the cannabis industry. From recent findings that cannabis components may lead to treatment or even prevention of coronavirus infection in lung cells to yesterday’s vote by the House of Representatives in favor of the Safe Banking Act, barricades to full legalization just keep falling.
