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News
Aon owed no duty to non-client third party, appeal ruling affirms
3+ week, 6+ day ago (265+ words) An insurance broker answers to its own client, not an outsider seeking coverage. A federal appeals court reaffirmed that on August 13, 2026. The US Court of Appeals for the Seventh Circuit ruled that Aon Risk Services owed no duty to a…...
7 Questions for CorVel’s Sarah Scott
2+ week, 6+ day ago (1194+ words) Risk & Insurance® recently caught up with Sarah Scott, President and CEO of CorVel. What follows is a transcript of that discussion, edited for length and clarity. I’m looking to build upon that solid foundation, examine our strengths, and then introduce…...
Crawford's AI chief explains claims innovation strategy
1+ week, 5+ day ago (546+ words) Insurance Business Crawford's AI chief explains claims innovation strategy David Wright details how Crawford & Company balances AI experimentation with adjuster autonomy Crawford & Company, a provider of claims management and outsourcing solutions, is putting new artificial intelligence tools through a formal…...
Letters to the Editor: Insurance case involving phony, AI-generated law is 'beyond comprehension"
3+ week, 1+ day ago (188+ words) Letters to the Editor: Insurance case involving phony, AI-generated law is 'beyond comprehension' Yahoo To the editor: Made-up case law from attorneys for State Farm in a case handled by its private counsel (cited in the Los Angeles Times as…...
Harry's £9.5m costs bill: what the Daily Mail ruling really means for litigation insurers
3+ week, 2+ day ago (496+ words) Insurance Business Harry's £9.5m costs bill: what the Daily Mail ruling really means for litigation insurers Prince Harry has been given a week to pay his share of an interim ruling A London judge has given Prince Harry and six co-claimants…...
'Abandoned': insurance fight erupts over pensioners' written-off bus
1+ week, 1+ day ago (729+ words) A Lions Club volunteer says he feels "ripped off" after a community bus used to take Adamstown pensioners on weekly outings was written off after a crash. Ilo Bozinovski said the 12-seater bus was written off when a volunteer driver…...
Underwriters say AI is saving time, not improving decisions
4+ day, 3+ hour ago (455+ words) Most senior commercial underwriters say AI has saved them time on admin. Far fewer say it has improved the quality of their decisions. That gap shapes how submissions get handled, how risks get priced, and how consistent underwriting decisions are…...
The $21 billion problem regulators missed in Mark Walter’s insurance empire
5+ day, 1+ hour ago (61+ words) NBC News Morning Rundown: Oil hits $100 a barrel, clashing map rulings fuel Missouri election chaos, and two American men reach U.S. Open semifinals If you have life insurance or an annuity, pay attention to the unfolding federal investigation into the financial…...
The "grudge purchase" that could cost businesses more than they think
3+ week, 6+ hour ago (561+ words) "One of the main reasons people buy PI because they're told to, that they have a contract and the other person says if you want this work, you must tick this box and have PI cover, and they go away…...
Ashurst, Perkins Coie Advise Amwins on A$8B Steadfast Deal
3+ week, 17+ hour ago (184+ words) Ashurst Perkins Coie has advised Amwins Group Inc on the A$8 billion consortium proposal to acquire the ASX-listed Steadfast Group. Following implementation of the scheme, Amwins will own Steadfast's underwriting agency business and KKR and Dragoneer will own the retail…...