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Shifting Gears on Insurer Participation in Chapter 11 Proceedings: U.S. Supreme Court Rejects...
JD Supra· 5 days agoOn June 6, 2024, the Supreme Court issued its opinion in Truck Insurance Exchange v. Kaiser Gypsum Co., No. 22-1079,conferring broad standing to debtors’ pre-bankruptcy liability insurers ...
Finland's Sampo Makes $4.7 Billion Bid for Topdanmark
Insurance Journal· 11 hours agoFinnish insurer Sampo has agreed to buy Topdanmark an all-share deal that values the Danish rival at 33 billion crowns ($4.73 billion), the two companies said on Monday. Sampo ...
Michigan’s largest insurer to drop weight-loss drug coverage
Chicago Tribune· 5 days agoWeight-loss drugs from Novo Nordisk A/S and Eli Lilly & Co. will lose coverage under many plans run...
Nationwide says it’s dropping thousands of pet insurance policies due to inflation | CNN Business
CNN.com· 1 hour agoNationwide Pet, the country’s largest provider of pet insurance, says it is dropping about 100,000...
Top Shipping Flag Cuts Approval for Sanctioned Russian Insurer
Bloomberg· 9 hours agoThe world’s largest shipping register withdrew its approval for Russia’s Ingosstrakh Insurance Co....
Russia's Ingosstrakh Weighs Legal Action After UK Sanctions
Insurance Journal· 11 hours agoRussia’s Ingosstrakh said on Friday it may challenge UK sanctions in court and was seeking...
Stop for-profit insurers from taking over our health care
Minnesota Reformer via Yahoo News· 5 days agoNo one’s health should be held hostage by private companies that reward investors with the money we...
Severe Storms Caused $722M in Catastrophe Losses in May: Progressive
Insurance Journal· 5 hours agoProgressive on Friday said severe storms mostly in Texas and the Midwest caused about $722 million...
Hurricane Season Begins With a Deluge in Florida. Are Insurers Ready?
Barrons.com· 4 days agoThe cost of the damage is still being tabulated, and more “excessive rainfall” was expected for...
Get Ready. Everything’s About to Get a Hell of a Lot More Expensive.
Slate via Yahoo Finance· 6 hours agoOn the energy front, motor fuel may be cheapening, but fuel and electricity for home use are still...