Business Insurance

Enstar Group Ltd. said Tuesday that one of its wholly owned subsidiaries has reached an agreement for a more than $3 billion loss portfolio transfer from Aspen Insurance Holdings Ltd. because of its 2022 and prior…

Alera Group Inc. said Thursday it had acquired Webber & Grinnell Insurance Agency Inc. of Northampton, Massachusetts. Terms of the transaction weren't disclosed. Webber & Grinnell provides business insurance…

Change and disruption are constants nowadays, but they continue to gain intensity and breadth over the industry. Insurers will continue to manage main point here challenges due to rising inflation, low interest, increased…

A federal appeals court upheld a lesser court decision Thursday, ruling James River Insurance Co. must defend an Alabama fireworks company in litigation stemming from any sort of accident in which two workers were killed and…

Two federal appeals courts have again ruled that policyholders are not eligible for COVID-19-related business interruption coverage, in lawsuits filed against Cincinnati Insurance Co. Thursday's ruling by the 2nd U.S.…

A female delivery driver for Walmart Inc. is suing her employer inside a federal class-action lawsuit alleging the retailer provides work pants and laundry services for men although not for female truckers. Plaintiff Diana…

Chubb Ltd. on Friday named Drew Spitzer as treasurer, replacing Mark Hammond who's leaving the company. Kevin Harkin will succeed Mr. Spitzer as chief financial officer for The united states Insurance. Both appointments…

(Reuters) - Social media giant Facebook, now referred to as Meta Platforms, faces a couple.3 billion pound-plus ($3.2 billion-plus) class action in great britan over allegations it abused its market dominance by exploiting…

(Reuters) - A boardroom battle at Generali has escalated following the No. 2 investor in Italy’s biggest insurer resigned in the board in a challenge to the reappointment of CEO Philippe Donnet. Mr. Donnet’s bid…

Fourth-quarter catastrophe losses are required to be manageable for the U.S. insurance industry because the impact of economic and social inflation on loss costs and pricing will stay key topics for commercial lines insurers,…