What happens when a routine construction accident ignites a multimillion-dollar showdown between two insurance heavyweights? In the bustling heart of New York, a worker’s fall from a scaffold has spiraled into a fierce legal dispute, pitting Liberty Insurance Corporation against Great American Risk
In the intricate landscape of the insurance industry, reserves—those crucial funds earmarked for future claims—serve as the foundation of financial stability and operational success. For carriers, the art of managing these reserves goes far beyond mere compliance; it’s about navigating a delicate
In the heart of Queensland, the city of Logan is grappling with a storm of a different kind as the Logan City Council rolls out new flood risk maps under a draft town plan mandated by the state government. These maps, designed to bolster preparedness against future flooding disasters in a region
The UK bulk annuity market has emerged as a cornerstone of pension de-risking strategies, with insurance companies taking on pension scheme liabilities through buy-ins and buyouts to secure member benefits. This vibrant sector is witnessing a surge in activity, driven by both established giants and
In the heart of Asia’s bustling financial hubs, a quiet revolution is reshaping the way high-net-worth (HNW) and ultra-high-net-worth (UHNW) individuals safeguard and grow their wealth. As the region emerges as a powerhouse of global affluence, the insurance market catering to these elite clients
In a striking turn of events that has captured attention across New Jersey, a prominent insurance brokerage firm founded by South Jersey Democratic power broker George E. Norcross is under intense scrutiny following a critical report from Acting Comptroller Kevin Walsh. The report, detailed in a
