Chubb to Lead $20 Billion US Gulf Marine Reinsurance Program: The U.S. International Development Finance Corp. said it chose Chubb Ltd. as lead partner for its $20 billion maritime reinsurance plan designed to resume ...
Date: March 11, 2026
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Nippon Life Sues OpenAI for Illegally Practicing Law in Dispute Over Settled Claim in Illinois: Nippon Life Insurance Company of America filed a federal lawsuit against artificial intelligence giant OpenAI, arguing its flagship ChatGPT practiced law ...
Date: March 11, 2026
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DOL Moves to Vacate Retirement Fiduciary Rule Opposed By Insurers: The United States Department of Labor signaled support for vacating a Biden Administration Retirement Security Rule, which insurers say would increase ...
Date: March 11, 2026
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State Farm Incurs Hundreds of Claims After Tornadoes Hit City, Two Villages in Michigan: State Farm has taken in hundreds of claims after a large thunderstorm spawned four tornadoes in Lower Michigan, including destructive twisters that struck ...
Date: March 11, 2026
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NI Holdings Swings to Fourth-Quarter Net Loss, Hit by Nonstandard Auto, Auto Liability Severity: NI Holdings Inc. swung to a $3.2 million attributable net loss in the fourth quarter from a $9.8 million attributable net income a year earlier, hurt by its ...
Date: March 10, 2026
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Allstate Affiliates Approved for Lower Personal Auto Rates in Louisiana: The Louisiana Department of Insurance said it approved requests to lower personal automobile insurance rates from two units of Allstate Corp.
Imperial Fire ...
Date: March 10, 2026
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US $20 Billion Reinsurance Plan Initially Targets Gulf Hull, Cargo Risks: The U.S. International Development Finance Corp. agreed on a plan approved by President Trump to deploy up to $20 billion for maritime reinsurance, including ...
Date: March 10, 2026
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Kansas Insurance Regulator: Storm-Claim Costs Nearly Doubled Since 2023: The amount paid by insurers in Kansas to cover damage from severe storms nearly doubled from 2023, reaching $879.07 million in 2025, the insurance regulator ...
Date: March 09, 2026
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Oklahoma Regulator Approves CompSource Reorganization Plan Amidst Legal Challenge: The Oklahoma Department of Insurance approved a plan that will see CompSource Mutual Insurance Co. convert to a stock insurer, a move that has drawn legal ...
Date: March 09, 2026
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Miami Court Denies Motion to Dismiss Chubb’s Russia Subrogation Suit: A Miami-Dade County court rejected a motion to dismiss Chubb European Group SE’s lawsuit asserting salvage and subrogation rights in relation to the loss of 23 ...
Date: March 06, 2026
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