AXA Weighs Offloading $2B Reinsurance Arm to Cut Disaster Risk

Published on July 11, 2023
One of the world’s top insurers is mulling offloading its property reinsurance business in a bid to cut its exposure to natural disasters like hurricanes, according to three people familiar with the matter. French insurer AXA SA has been discussing …
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Workers’ Compensation Undercuts Employer Liability Exclusion, U.S. Appeals Court Rules

July 11, 2023
Since workers’ compensation shields an employer from liability, an insurer may not be able to rely on an employer liability exclusion in a commercial general liability policy to avoid claims. That’s the potentially costly message a federal appeals court has …

BREAKING: Farmers Insurance Further Reducing Florida Business

July 11, 2023
One month after it announced it would stop writing new homeowner policies in Florida, Farmers Insurance now says it plans to cut back further on its