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<?xml version="1.0" encoding="UTF-8"?><rss version="2.0" xmlns:content="http://purl.org/rss/1.0/modules/content/" xmlns:wfw="http://wellformedweb.org/CommentAPI/" xmlns:dc="http://purl.org/dc/elements/1.1/" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:sy="http://purl.org/rss/1.0/modules/syndication/" xmlns:slash="http://purl.org/rss/1.0/modules/slash/" > <channel> <title>News Archives - Insurance Journal</title> <atom:link href="http://www.insurancejournal.com/rss/news" rel="self" type="application/rss+xml" /> <link>https://www.insurancejournal.com/news/</link> <description>Insurance Journal delivers the latest business news for the Property/Casualty insurance industry</description> <lastBuildDate>Fri, 10 May 2024 22:49:52 +0000</lastBuildDate> <language>en-US</language> <sy:updatePeriod> hourly </sy:updatePeriod> <sy:updateFrequency> 1 </sy:updateFrequency> <generator>https://wordpress.org/?v=6.5.2</generator> <image> <url>https://www.insurancejournal.com/app/uploads/2015/12/cropped-insurancejournal-32x32.jpg</url> <title>News Archives - Insurance Journal</title> <link>https://www.insurancejournal.com/news/</link> <width>32</width> <height>32</height></image> <item> <title>Insurers Like California Governor’s Statement About Expedited Rate Filings</title> <link>https://www.insurancejournal.com/news/west/2024/05/10/773839.htm</link> <pubDate>Fri, 10 May 2024 22:12:29 +0000</pubDate> <category><![CDATA[West News]]></category> <category><![CDATA[California Gov. Gavin Newsom t]]></category> <category><![CDATA[Prop 103]]></category> <category><![CDATA[Rate filigms]]></category> <category><![CDATA[Rate filings]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773839</guid> <description><![CDATA[Insurers are applauding a move by California Gov. Gavin Newsom to try and expedite the insurance rate filing process. Newsom made the proposal while discussing the state’s budget. It was mentioned in a press conference to talk about the budget, …]]></description> </item> <item> <title>Wisconsin Wedding Barns Sue Over State’s New Liquor Law Requiring Licensing</title> <link>https://www.insurancejournal.com/news/midwest/2024/05/10/773824.htm</link> <dc:creator><![CDATA[Admin]]></dc:creator> <pubDate>Fri, 10 May 2024 16:22:17 +0000</pubDate> <category><![CDATA[Midwest News]]></category> <category><![CDATA[liquor liability]]></category> <category><![CDATA[wedding]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773824</guid> <description><![CDATA[MADISON, Wis. (AP) — A pair of Wisconsin wedding barns sued the state Tuesday seeking to block enactment of a new law that requires them to get liquor licenses similar to other establishments that host events. Owners and operators of …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2022/11/Jack-Daniels-AP-580x376.jpg" length="63245" type="image/jpeg" /> </item> <item> <title>Inszone Acquires Texas’ Brazos Valley Insurance Agency</title> <link>https://www.insurancejournal.com/news/southcentral/2024/05/10/773821.htm</link> <pubDate>Fri, 10 May 2024 16:08:11 +0000</pubDate> <category><![CDATA[Texas / South Central News]]></category> <category><![CDATA[Business Moves & Mergers]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773821</guid> <description><![CDATA[Inszone Insurance Services announced its 15th acquisition in the state of Texas with the successful integration of Brazos Valley Insurance Agency. The move further solidifies Inszone’s commitment to enhancing its presence in the Texas market and marks another significant milestone …]]></description> </item> <item> <title>Florida’s HCI Group Reports Another Healthy Quarter</title> <link>https://www.insurancejournal.com/news/southeast/2024/05/10/773812.htm</link> <pubDate>Fri, 10 May 2024 13:36:50 +0000</pubDate> <category><![CDATA[Southeast News]]></category> <category><![CDATA[condominium insurance coverage]]></category> <category><![CDATA[Florida property insurance crisis]]></category> <category><![CDATA[HCI Group]]></category> <category><![CDATA[quarterly earnings reports]]></category> <category><![CDATA[TypTap Insurance]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773812</guid> <description><![CDATA[TAMPA, Fla. (AP) — HCI Group Inc. (HCI) on Wednesday reported first-quarter profit of $47.6 million, which follows a $38 million profit for Q4 2023. The Tampa-based company said it had profit of $3.81 per share. Earnings, adjusted for non-recurring …]]></description> </item> <item> <title>UKMTO Reports Hijacking Attempt of Vessel East of Yemen’s Aden</title> <link>https://www.insurancejournal.com/news/international/2024/05/10/773792.htm</link> <dc:creator><![CDATA[Admin]]></dc:creator> <pubDate>Fri, 10 May 2024 13:09:56 +0000</pubDate> <category><![CDATA[International & Reinsurance News]]></category> <category><![CDATA[Israel Hamas war]]></category> <category><![CDATA[marine insurance]]></category> <category><![CDATA[marine piracy]]></category> <category><![CDATA[marine war risks]]></category> <category><![CDATA[protection and indemnity (P&I)]]></category> <category><![CDATA[shipping insurance]]></category> <category><![CDATA[Somali pirates]]></category> <category><![CDATA[war risks]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773792</guid> <description><![CDATA[The United Kingdom Maritime Trade Operations (UKMTO) organization said on Friday it had received a report of a failed hijacking attempt of a vessel 195 nautical miles east of Yemen’s Aden. The vessel’s master reported being approached by a small …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2024/05/yemen-political-map-71711419-bigstock-580x395.jpg" length="39762" type="image/jpeg" /> </item> <item> <title>People Moves: Aon Names Allen as Executive Managing Director of Capital Advisory; BMS Re Hires 6 for MGA Business ProLink Solutions</title> <link>https://www.insurancejournal.com/news/international/2024/05/10/773786.htm</link> <pubDate>Fri, 10 May 2024 12:46:22 +0000</pubDate> <category><![CDATA[International & Reinsurance News]]></category> <category><![CDATA[Alicia Santocki]]></category> <category><![CDATA[Aon]]></category> <category><![CDATA[BMS Re]]></category> <category><![CDATA[Brenda Martinez-Cox]]></category> <category><![CDATA[Charles Ill]]></category> <category><![CDATA[Colin Curran]]></category> <category><![CDATA[Cora Cruz]]></category> <category><![CDATA[people]]></category> <category><![CDATA[Scott Fields]]></category> <category><![CDATA[Stephanie Fick]]></category> <category><![CDATA[Will Allen]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773786</guid> <description><![CDATA[This edition of International People Moves details appointments at Aon’s Capital Advisory function and BMS Re. A summary of these new hires follows here. Aon Names Allen as Executive Managing Director of Capital Advisory Insurance broker Aon plc announced that …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2021/03/bigstock-handshake-of-business-people-306557959-580x379.jpg" length="50680" type="image/jpeg" /> </item> <item> <title>Body of Last Missing Construction Worker Recovered from Baltimore Bridge Site</title> <link>https://www.insurancejournal.com/news/east/2024/05/10/773782.htm</link> <dc:creator><![CDATA[Admin]]></dc:creator> <pubDate>Fri, 10 May 2024 12:20:44 +0000</pubDate> <category><![CDATA[East News]]></category> <category><![CDATA[Baltimore bridge collapse]]></category> <category><![CDATA[baltimore bridge victims]]></category> <category><![CDATA[Dali cargo ship]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773782</guid> <description><![CDATA[The body of the last missing construction worker killed in the collapse of Baltimore’s Francis Scott Key Bridge in March has been recovered, officials announced Tuesday as demolition crews prepared to use explosives in the ongoing cleanup effort. Officials said …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2024/05/collapsed-francis-scott-key-bridge-and-container-ship-dali-AP-580x387.jpg" length="56656" type="image/jpeg" /> </item> <item> <title>New York City Jail Guard Suffers Burns When Body Camera Ignites</title> <link>https://www.insurancejournal.com/news/east/2024/05/10/773778.htm</link> <pubDate>Fri, 10 May 2024 11:38:44 +0000</pubDate> <category><![CDATA[East News]]></category> <category><![CDATA[police body cameras]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773778</guid> <description><![CDATA[A captain in New York City’s Department of Correction suffered burns and smoke inhalation when her body camera suddenly caught fire, prompting the department to stop using the equipment pending an investigation. The captain was on duty at the Rikers …]]></description> </item> <item> <title>Markets/Coverages: Mosaic Launches Suite of Professional Liability Products for Specialist Engineers</title> <link>https://www.insurancejournal.com/news/international/2024/05/10/773774.htm</link> <pubDate>Fri, 10 May 2024 11:20:13 +0000</pubDate> <category><![CDATA[International & Reinsurance News]]></category> <category><![CDATA[Markets/Coverages]]></category> <category><![CDATA[Mosaic]]></category> <category><![CDATA[Mosaic Insurance]]></category> <category><![CDATA[Professional Liability Insurance]]></category> <category><![CDATA[Professional/Management/Employers Liability]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773774</guid> <description><![CDATA[Mosaic Insurance, the Bermuda-based specialty insurer, has launched a suite of professional liability products for specialist engineers, offering $15 million in targeted primary coverage for unique risks. The new form offers a dedicated product, with core coverage of professional liability, …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2020/07/bigstock-virtual-inspection-construction-580x386.jpg" length="72413" type="image/jpeg" /> </item> <item> <title>Google Fights $17 Billion UK Lawsuit Over Ad-Tech Practices</title> <link>https://www.insurancejournal.com/news/international/2024/05/10/773768.htm</link> <pubDate>Fri, 10 May 2024 10:33:17 +0000</pubDate> <category><![CDATA[International & Reinsurance News]]></category> <category><![CDATA[ad tech]]></category> <category><![CDATA[antitrust lawsuit]]></category> <category><![CDATA[Google]]></category> <category><![CDATA[google lawsuits]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773768</guid> <description><![CDATA[Google parent Alphabet has urged a London tribunal to block a mass lawsuit which accuses it of abusing its dominance in the online advertising market, in the latest case to focus on the search giant’s business practices. The lawsuit seeks …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2024/05/google-sign-94283369-bigstock-580x387.jpg" length="41065" type="image/jpeg" /> </item> <item> <title>TWIA Board Approves $500M Line of Credit Ahead of 2024 Storm Season</title> <link>https://www.insurancejournal.com/news/southcentral/2024/05/10/773705.htm</link> <pubDate>Fri, 10 May 2024 09:30:07 +0000</pubDate> <category><![CDATA[Texas / South Central News]]></category> <category><![CDATA[2024 hurricane season]]></category> <category><![CDATA[Texas Windstorm Insurance Association (TWIA)]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773705</guid> <description><![CDATA[The Texas Windstorm Insurance Association (TWIA) Board of Directors met in Austin on May 7 for its second quarterly meeting of the year, where it completed financial preparations for the 2024 storm season. TWIA’s board voted secure a $500 million …]]></description> </item> <item> <title>White House to Push Cybersecurity Standards on Hospitals</title> <link>https://www.insurancejournal.com/news/national/2024/05/10/773762.htm</link> <dc:creator><![CDATA[Admin]]></dc:creator> <pubDate>Fri, 10 May 2024 08:31:27 +0000</pubDate> <category><![CDATA[National News]]></category> <category><![CDATA[Change Healthcare]]></category> <category><![CDATA[cyber]]></category> <category><![CDATA[cyberattack]]></category> <category><![CDATA[cybersecurity]]></category> <category><![CDATA[healthcare cyber risk]]></category> <category><![CDATA[hospital cyber attack]]></category> <category><![CDATA[hospital cyber risk]]></category> <category><![CDATA[hospital cyber security]]></category> <category><![CDATA[ransomware]]></category> <category><![CDATA[UnitedHealth]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773762</guid> <description><![CDATA[The Biden administration intends to require hospitals to meet minimum cybersecurity standards after a single hack exposed the data of 100 million Americans. “We look to putting in place minimum cybersecurity standards for hospitals in the near term,” Anne Neuberger, …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2024/05/anne-neuberger-bloomberg-580x385.jpg" length="41331" type="image/jpeg" /> </item> <item> <title>Tech Update: Aon Updates Its Pricing Platform to Enhance Underwriting Decisions</title> <link>https://www.insurancejournal.com/news/international/2024/05/10/773752.htm</link> <pubDate>Fri, 10 May 2024 08:05:31 +0000</pubDate> <category><![CDATA[International & Reinsurance News]]></category> <category><![CDATA[Aon]]></category> <category><![CDATA[Insurance Pricing]]></category> <category><![CDATA[Internet]]></category> <category><![CDATA[reinsurance pricing]]></category> <category><![CDATA[Technology, Internet]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773752</guid> <description><![CDATA[Insurance broker Aon plc announced an update to its Pricing Platform that aims to bring enhanced visualization and automation capabilities to re/insurance underwriters. The software update has also added new business lines including U.S. Financial lines and Cyber, as well …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2024/04/high-tech-engineering-gear-wheel-on-circuit-board-90277205-bigstock-580x387.jpg" length="52224" type="image/jpeg" /> </item> <item> <title>Former Louisiana Lawmaker James D. Cain Passes Away</title> <link>https://www.insurancejournal.com/news/southcentral/2024/05/10/773702.htm</link> <pubDate>Fri, 10 May 2024 08:00:45 +0000</pubDate> <category><![CDATA[Texas / South Central News]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773702</guid> <description><![CDATA[Former Louisiana lawmaker James David Cain passed away on May 8, Insurance Commissioner Tim Temple announced. Cain served 20 years in the Louisiana House of Representatives and another 16 years in the Louisiana Senate, where he led the Insurance and …]]></description> </item> <item> <title>Survivors of Alleged Abuse in Illinois Youth Detention Facilities Speak Out</title> <link>https://www.insurancejournal.com/news/midwest/2024/05/10/773711.htm</link> <dc:creator><![CDATA[Admin]]></dc:creator> <pubDate>Fri, 10 May 2024 08:00:05 +0000</pubDate> <category><![CDATA[Midwest News]]></category> <category><![CDATA[child sex abuse]]></category> <category><![CDATA[Illinois juvenile detention centers]]></category> <category><![CDATA[sexual abuse lawsuit]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773711</guid> <description><![CDATA[CHICAGO (AP) — Three men who say they were sexually abused as children while incarcerated at Illinois juvenile detention centers came forward Tuesday as part of a lawsuit that chronicles decades of disturbing allegations of systemic child abuse. Calvin McDowell, …]]></description> </item> <item> <title>Missouri Roofing Contractor Cited for 21 Violations in Fall Hazard Exposures</title> <link>https://www.insurancejournal.com/news/midwest/2024/05/10/773714.htm</link> <pubDate>Fri, 10 May 2024 08:00:02 +0000</pubDate> <category><![CDATA[Midwest News]]></category> <category><![CDATA[$258K in proposed penalties]]></category> <category><![CDATA[deadly fall hazards]]></category> <category><![CDATA[OSHA]]></category> <category><![CDATA[roofing contractors concerns]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773714</guid> <description><![CDATA[Federal workplace safety inspectors have cited a Missouri roofing contractor for 21 violations for illegally exposing roof workers — five times in seven weeks — at six Wentzville residential worksites to the dangers of fall hazards, the construction industry’s leading …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2024/05/roofing-pic-580x387.jpeg" length="67312" type="image/jpeg" /> </item> <item> <title>Mexico Is Battling 159 Active Wildfires</title> <link>https://www.insurancejournal.com/news/international/2024/05/10/773745.htm</link> <dc:creator><![CDATA[Admin]]></dc:creator> <pubDate>Fri, 10 May 2024 07:41:41 +0000</pubDate> <category><![CDATA[International & Reinsurance News]]></category> <category><![CDATA[2024 wildfires]]></category> <category><![CDATA[Mexico wildfires]]></category> <category><![CDATA[secondary perils]]></category> <category><![CDATA[wildfires]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773745</guid> <description><![CDATA[Mexico is fighting 159 active wildfires across the country amid the year’s second heat wave that has also put the nation’s power grid under stress. Mexico’s national weather service issued an alert that at least 12 states would experience temperatures …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2024/05/firefighters-respond-to-wildfires-in-mexico-getty-580x386.jpg" length="79757" type="image/jpeg" /> </item> <item> <title>EU Firms’ Appetite for China Investment Sinks to Record Low</title> <link>https://www.insurancejournal.com/news/international/2024/05/10/773740.htm</link> <dc:creator><![CDATA[Admin]]></dc:creator> <pubDate>Fri, 10 May 2024 07:25:11 +0000</pubDate> <category><![CDATA[International & Reinsurance News]]></category> <category><![CDATA[China Taiwan tensions]]></category> <category><![CDATA[Chinese market]]></category> <category><![CDATA[European Union Chamber of Commerce in China]]></category> <category><![CDATA[Geopolitical Risks]]></category> <category><![CDATA[Research and Trends]]></category> <category><![CDATA[supply chain risks]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773740</guid> <description><![CDATA[China is losing its luster as a top country to invest in as firms seek to avoid geopolitical risks and turn to Southeast Asia and Europe, according to a survey by the European Union Chamber of Commerce in China. Only …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2024/05/commercial-buildings-in-shanghai-financial-district-bloomberg-580x386.jpeg" length="37219" type="image/jpeg" /> </item> <item> <title>Nine Out of 10 Wrongful Death Lawsuits Settled Over Astroworld Crowd Surge</title> <link>https://www.insurancejournal.com/news/southcentral/2024/05/10/773737.htm</link> <dc:creator><![CDATA[Admin]]></dc:creator> <pubDate>Fri, 10 May 2024 07:05:05 +0000</pubDate> <category><![CDATA[Texas / South Central News]]></category> <category><![CDATA[Astroworld Festival]]></category> <category><![CDATA[Astroworld lawsuits]]></category> <category><![CDATA[Live Nation]]></category> <category><![CDATA[Travis Scott lawsuit]]></category> <category><![CDATA[wrongful death lawsuits]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773737</guid> <description><![CDATA[HOUSTON (AP) — Nine of the 10 wrongful death lawsuits filed after a deadly crowd surge at the 2021 Astroworld music festival have been settled, including one that was set to go to trial this week, an attorney said Wednesday. …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2021/11/houston_concert-deaths-AP-580x416.jpg" length="103747" type="image/jpeg" /> </item> <item> <title>People Moves: Higginbotham Announces Executive Promotions in Financial Services, Employee Benefits</title> <link>https://www.insurancejournal.com/news/southcentral/2024/05/10/773681.htm</link> <pubDate>Fri, 10 May 2024 07:00:31 +0000</pubDate> <category><![CDATA[Texas / South Central News]]></category> <category><![CDATA[higginbotham]]></category> <category><![CDATA[people moves]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773681</guid> <description><![CDATA[Higginbotham announced a series of executive promotions within the Financial Services division. These moves are intended to match current growth at Higginbotham and prepare for future milestones by drawing on deep bench strength to scale-up operations and enhance client services. …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2023/02/Higginbotham_Logo-580x304.jpg" length="11531" type="image/jpeg" /> </item> <item> <title>Texas Launches Compensation Program for Border Property Crime Damage</title> <link>https://www.insurancejournal.com/news/southcentral/2024/05/10/773694.htm</link> <dc:creator><![CDATA[Ezra Amacher]]></dc:creator> <pubDate>Fri, 10 May 2024 07:00:15 +0000</pubDate> <category><![CDATA[Texas / South Central News]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773694</guid> <description><![CDATA[Texas landowners along the U.S.-Mexico border who have experienced damage caused by border property crime can now file for reimbursement of up to $75,000, attorney general Ken Paxton announced this week. Texas lawmakers last year approved a law to create …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2016/02/Compensation-Appearing-Behind-Torn-Bro-97889849-580x352.jpg" length="38048" type="image/jpeg" /> </item> <item> <title>China Construction Bank Sued in US Over Reinsurance Fraud Losses</title> <link>https://www.insurancejournal.com/news/international/2024/05/10/773731.htm</link> <dc:creator><![CDATA[Admin]]></dc:creator> <pubDate>Fri, 10 May 2024 06:22:56 +0000</pubDate> <category><![CDATA[International & Reinsurance News]]></category> <category><![CDATA[National News]]></category> <category><![CDATA[China Construction Bank Corp.]]></category> <category><![CDATA[Fraud]]></category> <category><![CDATA[Homeowners of America Insurance Co. (HOAIC)]]></category> <category><![CDATA[Reinsurance]]></category> <category><![CDATA[Vesttoo]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773731</guid> <description><![CDATA[China Construction Bank Corp., the nation’s third-largest commercial lender, was accused in a US lawsuit of enabling a massive fraud in the reinsurance industry that left companies with “monumental losses” and sinking stock prices. The bank allowed employees to conspire …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2024/05/china-construction-bank-branch-in-shanghai-bloomberg-580x387.jpg" length="87855" type="image/jpeg" /> </item> <item> <title>Markets/Coverages: FloodFlash Launches New Parametric Auto Dealer Program</title> <link>https://www.insurancejournal.com/news/national/2024/05/10/773707.htm</link> <pubDate>Fri, 10 May 2024 06:19:47 +0000</pubDate> <category><![CDATA[National News]]></category> <category><![CDATA[FloodFlash]]></category> <category><![CDATA[Floods]]></category> <category><![CDATA[parametric flood insurance]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773707</guid> <description><![CDATA[FloodFlash has added a dealer program in its efforts to support more U.S. businesses ahead of a hurricane season that is widely anticipated to be amongst the worst in recent memory. Stored on large, flat areas of often impermeable land, …]]></description> </item> <item> <title>Liberty Mutual Posts $1.5B Net Income for Q1, Reversing Loss</title> <link>https://www.insurancejournal.com/news/national/2024/05/10/773614.htm</link> <pubDate>Fri, 10 May 2024 05:48:31 +0000</pubDate> <category><![CDATA[National News]]></category> <category><![CDATA[2024 financial results]]></category> <category><![CDATA[LIberty Mutual]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773614</guid> <description><![CDATA[Liberty Mutual Holding Company on Thursday reported first quarter 2024 net income of $1.5 billion compared to loss of $74 million during the same period last year. The combined ratio for the first three months of 2024 improved to 95.8 …]]></description> </item> <item> <title>Nuclear Verdicts Surge to $14.5 Billion in 2023 – Report</title> <link>https://www.insurancejournal.com/news/national/2024/05/10/773721.htm</link> <dc:creator><![CDATA[Ezra Amacher]]></dc:creator> <pubDate>Fri, 10 May 2024 05:38:41 +0000</pubDate> <category><![CDATA[National News]]></category> <category><![CDATA[intellectual property]]></category> <category><![CDATA[intellectual property insurance]]></category> <category><![CDATA[nuclear verdicts]]></category> <category><![CDATA[Product Liability]]></category> <category><![CDATA[Research and Trends]]></category> <category><![CDATA[social inflation]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773721</guid> <description><![CDATA[Nuclear verdicts of at least $10 million reached a 15-year high in 2023, while 27 verdicts were “thermonuclear,” or more than $100 million, according to a new study by research firm Marathon Strategies. The report, “Corporate Verdicts Go Thermonuclear,” found …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2022/04/verdict-580x387.jpg" length="57387" type="image/jpeg" /> </item> <item> <title>Personal Auto Insurers Have Edge on Innovation: AM Best</title> <link>https://www.insurancejournal.com/news/national/2024/05/10/773638.htm</link> <pubDate>Fri, 10 May 2024 05:12:43 +0000</pubDate> <category><![CDATA[National News]]></category> <category><![CDATA[AM Best]]></category> <category><![CDATA[auto insurance]]></category> <category><![CDATA[insurance industry innovation]]></category> <category><![CDATA[Personal Lines]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773638</guid> <description><![CDATA[After two years of challenges for personal auto insurers, rating agency AM Best delivered a positive assessment: U.S. personal auto insurers are the furthest ahead when it comes to innovation. Personal auto insurers’ innovative processes include automated claims management and …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2024/05/AdobeStock_597459192-racing-lightbulbs-innovation-competition-edge-1-580x326.jpeg" length="14639" type="image/jpeg" /> </item> <item> <title>What Risks Do Advanced AI Models Pose in the Wrong Hands?</title> <link>https://www.insurancejournal.com/news/national/2024/05/10/773607.htm</link> <dc:creator><![CDATA[Admin]]></dc:creator> <pubDate>Fri, 10 May 2024 05:02:12 +0000</pubDate> <category><![CDATA[National News]]></category> <category><![CDATA[AI risk]]></category> <category><![CDATA[artificial intelligence (AI)]]></category> <category><![CDATA[cyber]]></category> <category><![CDATA[deepfakes]]></category> <category><![CDATA[large language models (LLMs)]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773607</guid> <description><![CDATA[The Biden administration is poised to open up a new front in its effort to safeguard U.S. AI from China and Russia with preliminary plans to place guardrails around the most advanced AI models, Reuters reported on Wednesday. Government and …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2023/03/ai-580x326.jpg" length="34743" type="image/jpeg" /> </item> <item> <title>Spouse Married After Injury Can Still Seek Damages in Asbestos Claim – Fla. High Court</title> <link>https://www.insurancejournal.com/news/southeast/2024/05/10/773683.htm</link> <dc:creator><![CDATA[William Rabb]]></dc:creator> <pubDate>Fri, 10 May 2024 05:01:47 +0000</pubDate> <category><![CDATA[Southeast News]]></category> <category><![CDATA[asbestos claims]]></category> <category><![CDATA[Florida Supreme Court decisions]]></category> <category><![CDATA[insurance litigation]]></category> <category><![CDATA[marriage-before-injury rule]]></category> <category><![CDATA[mass tort litigation and claims]]></category> <category><![CDATA[mesothelioma claims]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=773683</guid> <description><![CDATA[The Florida Supreme Court has opened the door a little wider to wrongful death claims from people who weren’t married to victims at the time of injury, upsetting what defense lawyers said was a decades-old common-law practice. In Ripple vs. …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2024/05/asbestos-580x385.jpeg" length="63246" type="image/jpeg" /> </item> <item> <title>Lawyers Handling Lawsuits Over Maui Wildfires to Get Investigation Documents</title> <link>https://www.insurancejournal.com/news/west/2024/05/10/772964.htm</link> <dc:creator><![CDATA[Admin]]></dc:creator> <pubDate>Fri, 10 May 2024 05:00:57 +0000</pubDate> <category><![CDATA[West News]]></category> <category><![CDATA[Hawaii wildfires]]></category> <category><![CDATA[Maui lawsuits]]></category> <category><![CDATA[Maui wildfires]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=772964</guid> <description><![CDATA[A judge on Friday forced the Hawaii attorney general’s office to turn over to lawyers involved in the hundreds of lawsuits over last summer’s Maui wildfires all documents, interviews and data collected by the outside team hired to investigate the …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2023/08/Maui-wildfire-destruction-Bloomberg-580x387.jpg" length="63393" type="image/jpeg" /> </item> <item> <title>California Construction Company Fined $371K for Fatal Trench Collapse</title> <link>https://www.insurancejournal.com/news/west/2024/05/10/770813.htm</link> <pubDate>Fri, 10 May 2024 05:00:56 +0000</pubDate> <category><![CDATA[West News]]></category> <category><![CDATA[Cal/OSHA]]></category> <category><![CDATA[Construction]]></category> <category><![CDATA[worker fatality]]></category> <category><![CDATA[worker safety]]></category> <category><![CDATA[Workers Compensation]]></category> <guid isPermaLink="false">https://www.insurancejournal.com/?p=770813</guid> <description><![CDATA[Cal/OSHA cited D’Arcy & Harty Construction Inc. $371,100 for failing to protect employees working in a trench excavation at a construction site in San Francisco. On Sept. 28, 2023, an employee was replacing sewer parts inside the eight-foot-deep trench at …]]></description> <enclosure url="https://www.insurancejournal.com/app/uploads/2022/09/OSHA-approves-580x387.jpg" length="62985" type="image/jpeg" /> </item> </channel></rss> If you would like to create a banner that links to this page (i.e. this validation result), do the following:
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