Insurance
Insurance products and industry updates
Zhibao Labuan Re Expands Operations Across Southeast Asia
Zhibao Labuan Re is enhancing its presence in Southeast Asia and Hong Kong, collaborating with key reinsurers to drive new opportunities.
Federal Court Rules Insurer Not Liable for Doctor's Legal Defense Due to Misrepresentation
A federal court determined that an insurer isn't obligated to defend an osteopathic physician in a malpractice case due to prior undisclosed misconduct settlements.
Liberty Mutual Appoints Shaun Sinniah to Lead Capital Solutions in Global Risk Division
Shaun Sinniah from Miller joins Liberty Mutual as head of capital solutions, aiming to enhance business opportunities and risk-sharing strategies.
NFP Appoints Kate Henry as President of U.S. Regions
NFP has promoted Kate Henry to the newly established role of president of U.S. regions, overseeing regional leadership across its brokerage divisions.
Sedgwick Launches New Practice for Insurers and Captives
Sedgwick introduces a comprehensive practice to support insurers and captives with claims administration and operational services.
New Jersey Court Restricts Injury Claims in Discrimination Lawsuit
A New Jersey appeals court has ruled that an employee cannot claim injury damages in a discrimination lawsuit if workers' compensation has already been awarded.
Relocation Challenges: How Housing Costs Impact Recruitment Strategies
Rising housing costs are influencing job candidates' willingness to relocate, complicating recruitment for companies seeking talent beyond local markets.
Workers' Compensation Claims Leaders Embrace AI While Overlooking Key Metrics
A recent study shows a significant portion of claims leaders using AI lacks assessment of its impact on outcomes, highlighting efficiency gaps.
Oregon Court Reverses Trader Joe's Workers' Comp Claim Closure Due to Legislative Update
An Oregon court has overturned Trader Joe's closure of a workers' compensation claim, citing new claims-processing rules that apply retroactively.
Huntersure Introduces New Media Errors and Omissions Insurance Program
Huntersure has unveiled a media errors and omissions program offering coverage limits up to $5 million for diverse media professionals.
Howden Strengthens Leadership Team with Appointment of Kelsey Cleary
Kelsey Cleary transitions to Howden U.S. as a senior vice president, bringing extensive experience from NFP and Lockton to her new role.
Insurer’s Ambiguity in "And/Or" Wording Leads to Continued Coverage for Bruce Packing
A federal court ruled that Scottsdale Insurance must cover Bruce Packing in listeria lawsuits due to ambiguous policy language regarding disease exclusions.
Debating Beverage Etiquette: The Impact of Coffee at Job Interviews
Employers risk losing top candidates by judging professionalism based on drink choices at interviews, raising questions about workplace culture.
Court Affirms Workers' Compensation Benefits After Surveillance Evidence Supports Injury Claim
A New York appeals court upheld workers' compensation for a retail manager, reinforcing the validity of claims supported by surveillance footage.
Colorado Court Clarifies Limits on Reopening Workers' Compensation Claims
A recent Colorado court ruling restricts the ability to reopen workers' compensation claims, emphasizing that prior compensability must be established.
Colombia's Earthquake Claims Estimated at $1.4 Billion, Impacting Insurers
Colombian insurers are facing an estimated $1.4 billion in claims from the August earthquake, raising concerns over their earnings in the latter half of 2026.
Oil Shipping Costs Surge Amid Supertanker Shortage
A global shortage of supertankers is increasing oil shipping costs, potentially making long-distance crude transport economically unviable.
Zhibao Labuan Reinsurance Expands Operations in Hong Kong and Southeast Asia
Zhibao Labuan Reinsurance, backed by Chinese InsurTech, is expanding into Hong Kong and Southeast Asia, aiming to integrate regional reinsurance markets.
Afreximbank and Zep-Re Collaborate to Enhance African Insurance Capacity
Afreximbank and Zep-Re have signed a three-year agreement to boost insurance expertise in Africa, focusing on risk management and trade facilitation.
IAG to Initiate Auditor Transition Amid KPMG Controversies
Insurance Australia Group plans to tender for a new auditor, moving away from KPMG after scrutiny from a parliamentary inquiry.