News - VestNexus.com

Gallagher to buy insurance broker Woodruff Sawyer in $1.2 billion deal

Construction, Cyber Risks, Emerging Risks, P/C Insurers, Risk Management, Technology Arthur J. Gallagher & Co.

US appeals court to weigh reviving cases over Tylenol and autism

Risk Management

Jury verdict reversed, health care policyholder granted new trial

Coverage Disputes, Excess and Surplus Lines, P/C Insurers AIG

Swiss National Bank to expand wCBDC trials

The Swiss National Bank is to expand its wholesale central bank digital currency pilot, Helvetia, for a further two years after promising results in early trials.

Ageing populations to reshape the future of life insurance: Swiss Re

Swiss Re, the reinsurance company based in Zurich, reports that demographic changes are set to transform the life insurance industry over the coming decades.

SEC awards more than $12M to two whistleblowers

Regulation

Westfield Specialty optimistic about property underwriting outlook for 2025

Property underwriting is becoming more stable and full of opportunity, with Richard Wood, Head of Property at Westfield Specialty, highlighting a disciplined approach to pricing and increased confidence in risk-taking heading into 2025.

PPL launches new underwriter dashboard to enhance workflows

Placing Platform Limited (PPL) has introduced its new underwriter dashboard to help users manage high volumes of business activity on the platform.

Most commercial renewal rates hikes slow in January: Ivans

Auto liability, General liability, P/C Insurers, P/C Pricing, Property, Workers Comp Coverage

OIR reports decline in percentage of nationwide homeowners’ lawsuits opened in Florida

Data from the Florida Office of Insurance Regulation (OIR) suggests that the introduction of legislation and reforms designed to curb excessive litigation associated with the use of Assignment of Benefits (AOB), and ultimately stabilise the state’s property insurance market, could be working.