News Center
Business Insurance - _Risk Management
The BI Top 10: Week of April 22, 2024 Zurich is the focus of three stories in this week’s BI Top 10. Also of note: Marsh McLennan Agency makes a deal.
POSTED APRIL 26, 2024 10:00 AM |
Aon reports 5% revenue increase; looks to middle-market growth Aon PLC’s first-quarter revenue increased as its reinsurance broking and benefits consulting business grew by high-single-digit percentages, but it continued to see pressure in its U.S. retail business.
POSTED APRIL 26, 2024 10:00 AM |
Hartford profits soar 41% in first quarter Hartford Financial Services Group Inc. on Thursday reported first-quarter net income of $748 million, a 41% increase compared with the year-ago period.
POSTED APRIL 26, 2024 9:42 AM |
Gallagher reports 20% revenue increase in Q1 Arthur J. Gallagher & Co. reported double-digit revenue increases in both of its major business segments in the first quarter of 2024 as insurance rates continued to increase across most lines and it added more revenue through acquisitions.
POSTED APRIL 25, 2024 6:51 PM |
Marsh introduces global alternative risk practice Marsh LLC on Thursday launched a global alternative risk solutions practice, led by Christophe Letondot.
POSTED APRIL 25, 2024 1:30 PM |
News Archives - Insurance Journal
NC Agent, Missouri Lawyers Convicted in $4M Tax Shelter, Insurance Scheme A federal jury on Thursday found a North Carolina insurance agent and two Missouri lawyers guilty on all counts in a $4 million tax evasion scheme that also defrauded an insurance carrier. The jury in Charlotte, said licensed agent and …
POSTED APRIL 26, 2024 2:53 PM |
US Ban on Worker Noncompetes Faces Uphill Legal Battle The U.S. Federal Trade Commission’s ban on “noncompete” agreements commonly signed by workers is likely vulnerable to legal challenges, experts said, as some courts have grown increasingly skeptical of federal agencies’ power to adopt broad rules. The commission in unveiling …
POSTED APRIL 26, 2024 2:43 PM |
Report: Cybercrime ‘A Thriving Business’ as US Claims Frequency Rises Cyber claims frequency in the U.S. rose 13% last year, a new report shows. According to Coalition’s 2024 Cyber Claims Report, released this week, cybercrime is “a thriving business that adversely impacts” the economy. In 2023, there were more than …
POSTED APRIL 26, 2024 1:47 PM |
Class Action Opposes Limiting Ship’s Liability for Baltimore Bridge Collapse A Baltimore small business has filed a class action against the owner and operator of the cargo ship Dali that crashed into the Francis Scott Key Bridge last month. The suit, filed Thursday by the Karen Austin, the founder of …
POSTED APRIL 26, 2024 1:30 PM |
Missouri House Backs Legal Shield for Weedkiller Maker Facing Cancer Lawsuits JEFFERSON CITY, Mo. (AP) — The manufacturer of a popular weedkiller won support Wednesday from the Missouri House for a proposal that could shield it from costly lawsuits alleging it failed to warn customers its product could cause cancer. The …
POSTED APRIL 26, 2024 7:00 AM |
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