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Latest Articles
Universal Insurance pays out N1.35bn claims in Q2
5+ hour, 23+ min ago (293+ words) Universal Insurance Plc has reaffirmed its commitment to customer satisfaction with the payment of N1.35 billion in claims during the second quarter of 2026. The claims, paid across the Company’s diverse portfolio of insurance products, underscore Universal Insurance Plc’s dedication to delivering…...
David Gansberg
3+ hour, 42+ min ago (70+ words) businessinsurance.com Former Arch Capital Group President David Gansberg will succeed Greg Hendrick as CEO of Vantage Group Holdings. Mr. Gansberg will assume his new role by June 2027. Marc Grandisson, former CEO of Arch Capital Group, will become executive chairman....
Emily Yoo
3+ hour, 50+ min ago (48+ words) businessinsurance.com Bermuda-based specialty insurer SiriusPoint named Emily Yoo to the newly created role of chief operating officer, effective August 10. New York-based Ms. Yoo most recently led global operations, technology and transformation in Zurich Insurance’s travel insurance business. More Comings…...
Florida court flips PIP reimbursement ruling in State Farm's favor
6+ hour, 14+ min ago (319+ words) An $8.24 payout dispute reached a Florida appeals court - and it ended with a reversal for State Farm. On July 15, 2026, the Third District Court of Appeal reversed a county court judgment that had gone against State Farm Mutual Automobile Insurance Company…...
DC bill would cap liquor liability payouts at $500,000
6+ hour, 15+ min ago (185+ words) Washington, DC lawmakers want to cap payouts when bars over-serve customers - and study whether mandatory coverage could lower liquor liability premiums. The measure, the "Dram Shop Clarification and Liquor Liability Insurance Amendment Act of 2026," was brought by Cnc. Doni Crawford…...
Lars Sorensen
3+ hour, 47+ min ago (51+ words) businessinsurance.com Willis, the retail broking arm of Willis Towers Watson, named Lars Sorensen life sciences industry leader for North America. Chicago-based Mr. Sorensen previously was Aon’s life sciences industry vertical leader for Europe, the Middle East and Africa and…...
Utah high court overturns dismissal of comp claim over failed medical exams
4+ hour, 56+ min ago (238+ words) The Utah Supreme Court on Thursday overturned the dismissal of a Kroger Co. workers compensation claim over repeated failed independent medical examinations, holding that state law permits the claim to be suspended but not dismissed. In Hooker v. Labor Commission, the…...
SiriusPoint names former Zurich exec COO
5+ hour, 35+ min ago (89+ words) businessinsurance.com SiriusPoint names former Zurich exec COO Bermuda-based specialty insurer SiriusPoint on Thursday named former Zurich Insurance executive Emily Yoo to the newly created role of chief operating officer, effective August 10. New York-based Ms. Yoo will join SiriusPoint’s executive…...
Travelers posts higher earnings as most rates hold
5+ hour, 47+ min ago (295+ words) Net income rose 46% to $2.21 billion in the quarter, Travelers reported. Net written premiums were essentially flat at $11.53 billion. Excluding the sale of its Canadian operations earlier this year, net written premiums increased by 2%, the insurer said. After-tax net investment income…...
Vantage names former Arch Capital leader David Gansberg CEO
4+ hour, 33+ min ago (161+ words) Former Arch Capital Group President David Gansberg will succeed Greg Hendrick as CEO of Vantage Group Holdings, the insurer’s parent Howard Hughes Holdings Inc. announced Thursday. Mr. Gansberg will assume his new role by June 2027, once his non-competition obligations are…...