14+ hour, 2+ min ago  (198+ words) An American International Group unit and prominent real estate developer Rick Caruso have settled a lawsuit claiming that the insurer spent nearly a decade delaying and then partly denying a property damage claim on a Los Angeles-area shopping center. The…...

9+ hour, 55+ min ago  (264+ words) Hub International Holdings said Friday it has confidentially submitted a draft registration statement with the U. S. Securities and Exchange Commission for a proposed initial public offering of its common stock. The Chicago-based brokerage said the timing of the offering, the number…...

11+ hour, 7+ min ago  (289+ words) Five Acrisure employees resigned within roughly two hours to join a rival broker Tuesday, spurring same-day rival lawsuits as each side raced to lock in their preferred venue and governing law for the dispute that has followed. Newport Beach, California-based…...

15+ hour, 35+ min ago  (56+ words) businessinsurance. com Brown & Brown named Neil Krauter Sr. to the newly created position of executive managing director, growth and specialization within the broker's retail segment. He joined Brown & Brown with the broker's acquisition of Risk Strategies in 2025, where he led…...

15+ hour, 50+ min ago  (228+ words) A trust acting for a group of Red Lobster creditors has sued Thai Union in Orange County, Fla. , blaming the seafood conglomerate for the chain's near-collapse, according to reporting from CNBC. Thai Union was a former controlling shareholder of Red…...

14+ hour, 7+ min ago  (95+ words) Specialist insurer CFC on Thursday launched updates to embed affirmative AI coverage within its portfolio. The move introduces explicit AI-related language across seven coverages, CFC said in a statement. CFC said it will be addressing novel AI exposures like model…...

13+ hour, 55+ min ago  (196+ words) Commercial claims will likely make up the majority of insured losses from the earthquake sequence that struck Venezuela on June 24 because insurance penetration for residential assets remains extremely low, Gallagher Re said in a report issued Friday. At least 589 people…...

15+ hour, 41+ min ago  (191+ words) Brown & Brown on Wednesday named global chairman of private equity Neil Krauter Sr. to the newly created position of executive managing director, growth and specialization within the broker's retail segment. Mr. Krauter will focus on accelerating enterprise growth, advancing specialization,…...

15+ hour, 55+ min ago  (345+ words) businessinsurance. com Pa. bill would create state-funded cancer screening program for firefighters A bill introduced Thursday in the Pennsylvania Senate would establish a state-funded program to cover firefighters" out-of-pocket costs for annual cancer screenings, financed in part by a $50 million…...

16+ hour, 24+ min ago  (128+ words) businessinsurance. com Neptune Insurance Holdings said Thursday it has increased building coverage limits to $15 million across its primary and excess flood insurance policies and expanded several commercial flood coverage options. The $15 million building limit applies to residential, commercial and residential…...