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Justice Grossman ruled that the former AIG CEO could not prove that the defendant “acted with actual malice”. -
Concerns around adverse corporate tax changes now look likely to be misplaced due to Senate results.
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D&O carriers are now assessing corporations’ board diversity plans as part of the underwriting process.
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The review of the $30bn deal looks likely to extend beyond the 31 December transition period.
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A federal judge says Harvest Moon was unable to prove definitive loss of income.
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New laws make carriers advance living expense payments and cover building code costs.
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The stop-gap measure must now be passed by lawmakers in the Senate.
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The state’s financial services superintendent orders carriers to factor climate risk into governance frameworks and risk management processes.
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(Re)insurance clients and NGOs plan to use their buying power to push for change in the industry.
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Commissioner Lara says he will implement new consistent home-hardening standards and a wildfire risk score for consumers.
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If further temporary funding is agreed, it will be the 16th short-term extension since 2017.
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Insurance Commissioner Donelon orders insurer flexibility over premium payments and claims documentation.
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