Hartford Insurance Loses Appeal on Loss of Consortium Claim Labeled a “Ploy” Hartford Insurance Group has lost an appeal over a $1.45 million damage settlement between an injured worker and third parties, 60% of which was for loss of consortium for the injured worker’s wife. The consortium allocation, according to Hartford, was a “ploy” by […]
Insurance protecting family health live, house and car concept. Cut elements from paper that symbolize the coverage. Flexibility is essential for insurers dealing with inflationary challenges.INSURUCE Inflation is unlikely to abate anytime soon, and insurers will need to be proactive and agile to remain ahead of the curve, according to Keith Buckley, managing director of […]
“Thus, 2021 represents an unusual end to the past decade in which growth was much lower (+3.6% per year on average) and driven by Asia, which accounted for 40% of all additional premiums, more than half of them written in China. As a consequence, China’s global market share doubled to 12%,” the report said. Read […]