Casualty
Vicarious liability and contracted bouncers – haven’t we been here before?
The case of Burger v JD Wetherspoon and Risk Solutions BD demonstrates the need for close analysis of the factual circumstances, as superficially similar cases can give rise to entirely different conclusions
Munich Re Specialty launches North American life science business
Life science market is projected to grow 10% by 2033
US commercial lines rises ease to 5.3% in Q1, WTW survey finds
Commercial motor 'pricing difficulty' persists with double-digit rate hikes, while D&O and cyber lines continue to soften
US home insurance becoming unaffordable, study finds
But motor insurance is turning into a buyer's market
Brown & Brown inks $9.8bn deal for broking group Accession
Florida-based broker agrees acquisition of ninth-largest privately held insurance broker in the US in a deal that will provide ‘enhanced scale, capabilities and market access’
Los Angeles wildfires send US insurers to $1.1bn Q1 underwriting loss
Sector books 34% decline in pre-tax operating income to $19.6bn, analysis of results by AM Best finds
US P&C sector still expected to post sub-100% COR in 2025: Fitch
Sector books 98.8% combined ratio in first quarter of the year, following $50bn of wildfire-driven insured losses
Africa Specialty Risks launches automated underwriting portal
Quote-and-bind platform will initially offer energy and D&O product lines
NAIC opposes ban on state AI laws
Regulatory body says definition of AI is too broad and ban would hamper oversight of insurer models
Supreme Court hands down landmark ruling on building remediation costs
Developers can now pursue negligent designers and contractors for legacy defect claims
APCIA hails success in Texas legislative session
Insurance association marks victories despite failure of major tort reforms bill
South Africa moves to mandate mediation in high courts
New directive, which seeks to remediate the congested civil trial roll, will have an impact on insurance disputes
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