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A New York-based insurer allegedly has an outsized role in providing coverage to tankers carrying Iranian oil.
AXA SA's CEO also expects more claims to develop as geopolitical crises multiply.
FEMA has updated its policy in order to fill the home insurance gap and aid disaster victims faster.
Restitution would be easier for consumers without the need to go to court and engage in litigation with a contractor.
In 2023, cat bond issuance reached an all-time high of $16.4 billion, according to Artemis.
The criminal enterprise, masterminded by two brothers, reprogrammed cars' computers to give thieves easy, undetected access.
Underwriters are now charging between 0.75% and 1% of the value of the ship to sail through the region.
Nikola claims it is prepared to resolve claims against its directors and officers, but its insurers refuse to approve to proposals.
According to Forbes Advisor, 91.7% of households in the United States had at least one vehicle in 2021.
Insurance industry news from Travelers, Alta Signa, Claim Assist Solutions and more.
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