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Top 10 for the Past Week

 
 
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1.

Misrepresentation by Insured? It's Complicated, Florida Appeals Court Rules

Sep 14, 2022 -- Proving that an insured misrepresented the extent of damage from a storm may have just become a little more complicated for Florida insurance...
 
2.

AMBest Report Shows Florida Insurers Far Out of Line on Reinsurance Dependency

Sep 15, 2022 -- Mango Questions State-Run Ratings Agency Idea Florida-domiciled property carriers are extremely reliant on the reinsurance market, making them...
 
3.

Wholesale Growth Is Cycle-Proof; Dual Distribution Has Failed: AIG's Zaffino

Sep 13, 2022 -- Just a few days before the official start of the Wholesale & Specialty Insurance Association annual meeting, AIG's chief executive officer gave...
 
4.

Full-Year Commercial Lines Combined Ratio May Be Lowest in 15 Years: Moody's

Sep 15, 2022 -- With commercial lines insurers expected to report the lowest full-year aggregate combined ratio in 15 years, together with double-digit direct...
 
5.

Underwriting No Longer Sole Path to Profit, Say Berkley Execs

Sep 9, 2022 -- While the days of cash flow underwriting are a distant memory for veteran insurance executives, the need for industry's more recent "preoccupation"...
 
6.

3 Iranian Citizens Charged in Broad Hacking Campaign in US

Sep 16, 2022 -- The Justice Department said Wednesday that three Iranian citizens have been charged in the United States with ransomware attacks that targeted...
 
7.

Property Catastrophe Reinsurance Entering a True Hard Market

Sep 13, 2022 -- Uncertain times are challenging for reinsurers. Claims may jump, and investment losses may dent profitability and possibly capital. However,...
 
8.

Man Burned at Minnesota Brewery to Receive $56 Million

Sep 12, 2022 -- A St. Paul man who was severely scalded by hot water while working at a local brewery is due to receive $56 million in damages and interest after...
 
9.

Outlook Negative: AM Best Revises U.S. Personal Lines as Auto Results Weaken

Sep 9, 2022 -- AM Best said it held the belief that the U.S. personal auto line would right the ship following weakening performance in 2021, but headwinds such...
 
10.

Price Increases Continue at 6% for U.S. Commercial Insurance in Q2: WTW

Sep 12, 2022 -- U.S. commercial insurance prices increased again during the second quarter 2022, according to WTW's latest Commercial Lines Insurance Pricing...
 
 
 

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