Business Insurance

A federal appeals court Monday affirmed that Westfield Insurance Co. is not obligated to defend or insure a Florida contractor regarding the an intricate dispute with one of its subcontractors. The Diaz Fritz Group Inc.,…

As a record-breaking quantity of American workers still sever ties using their employers, the insurance coverage industry has managed to retain employees better both in volume and tenure, according to a new report by Capital…

Societal and environmental risks are expected to be the most concerning global challenges within the next five years, however in the more 10-year horizon, environmental risks comprise the three most important long-term…

The property/casualty insurance sector remains well-capitalized but will see rate increases slow in 2022, Fitch Ratings Inc. said Tuesday. The fundamental sector outlook for U.S. property/casualty is neutral for 2022, Fitch…

Accelerant Ltd., an Atlanta-based insurer, said Wednesday it's raised over $190 million inside a transaction valuing the company at $2 billion. Greenwich, Connecticut-based private equity finance firm Eldridge Industries…

(Reuters) - Hyzon Motors has gotten a subpoena in the U.S. Filing, the hydrogen fuel-cell truck maker disclosed in a regulatory filing Wednesday, sending its shares down nearly 13% prior to the bell. The SEC has asked the…

A federal appeals court on Tuesday affirmed a lower court ruling in litigation filed with a metal products company against a Liberty Mutual Insurance Group unit over damage caused by 2022's Hurricane Michael. Metal…

(Reuters) - Zurich Insurance could exceed its targets for that 2022 financial year as the business has performed well throughout the COVID-19 pandemic, CEO Mario Greco said Wednesday. Europe’s fifth-largest insurer set…

A federal appeals court reversed a lower court Tuesday and held some insurance company must defend a roofing manufacturer in litigation in which the company's roof membrane system allegedly caused additional damage to a…

Cowbell Cyber Inc. said Wednesday it has formed Cowbell Re, a cyber insurance captive. The Pleasanton, California-based cyber insurer, which concentrates on small to medium enterprises, said inside a statement the…