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“Chubb is on the hook now”: Trump secures bond in Carroll case — Expert asks what’s the collateral?

Donald Trump posted a $91.6 million bond to cover the $83.3 million a Manhattan jury awarded to writer E. Jean Carroll in January as he appeals the defamation lawsuit's verdict, lawyers for Trump told a court Friday. Attorney Alina Habba filed the papers...

Trump Posts $91.6 Million Bond for E. Jean Carroll Defamation Case

Donald J. Trump on Friday posted a $91.6 million bond in a defamation case he recently lost to the writer E. Jean Carroll, staving off a potential legal and financial disaster just days before a deadline to secure the deal.The bond, provided by...

Washington Commissioner Fined Insurers and Producers $66K

Washington state Insurance Commissioner Mike Kreidler fined insurers and producers $66,328 in January and February. Kreidler’s fines in January included New York Life Insurance Co. to the tune of $46,328 for failing to ensure its producers...

What Do Health Insurance and Gravel Have in Common? Keegan and Sofia

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Beazley reports CoR of 71% and record profit in 2023

Specialist insurer Beazley has announced record pre-tax profit of $1.25 billion and a combined ratio of 71% for the year ended December 31st, 2023, with strong growth in the insurance service result of 52% and an investment return of 4.9%. Group profit after-tax rose...