Commercial

Insurance Stocks Surge 10% After Nigerian Reform Bill Signing
Regulatory & Compliance Insurance Stocks Surge 10% After Nigerian Reform Bill Signing

In a remarkable turn of events on the Nigerian Exchange Limited (NGX), insurance stocks have soared by an impressive 10 percent, capturing the attention of investors and analysts alike, following a transformative legislative change. This dramatic uptick occurred mere hours after President Bola

Why Did 84 Lumber Sue Cincinnati Insurance for Neglect?
Regulatory & Compliance Why Did 84 Lumber Sue Cincinnati Insurance for Neglect?

What happens when a giant in the construction supply world is left to fend for itself in a multimillion-dollar legal storm? This isn't just a thought experiment but a real clash unfolding right now, as 84 Lumber Company, a titan in building materials, takes on Cincinnati Insurance in a lawsuit that

Why Did Old Republic Sue I&A Renovation for $435,000?
Regulatory & Compliance Why Did Old Republic Sue I&A Renovation for $435,000?

The legal conflict between Old Republic Insurance Company and I&A Renovation, Inc., a New York-based contractor, has emerged as a stark reminder of the financial and operational risks embedded in the construction industry. This dispute centers on a failed renovation project at the Olean Armory,

Can Liberty Mutual Win Big in Surety Bond Disputes?
Regulatory & Compliance Can Liberty Mutual Win Big in Surety Bond Disputes?

In the intricate world of insurance and construction, surety bond disputes often emerge as high-stakes battles that test the strength of contractual agreements and the resolve of the parties involved. A recent legal triumph by Liberty Mutual Insurance Company against Active Fire Sprinkler NYC, LLC,

Oaktree Appoints Phil Joubert to Lead Apac Insurance Growth
Risk Management Oaktree Appoints Phil Joubert to Lead Apac Insurance Growth

In a rapidly evolving global financial landscape, the insurance sector in the Asia-Pacific (Apac) region stands out as a hotspot for transformative growth, driven by shifting asset allocation strategies and a growing appetite for alternative investments. Oaktree Capital Management, a heavyweight in

How Is QBE Expanding into the Dutch Marine Insurance Market?
Insurance How Is QBE Expanding into the Dutch Marine Insurance Market?

In a world where global trade faces ever-growing complexities, insurers must adapt to meet the nuanced demands of international markets, and one company is making significant strides in this arena. QBE, a global insurer with operations spanning over 25 countries, has set its sights on the

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