New Jersey passes pet insurance act, mandating industry compliance by 2027

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New Jersey passes pet insurance act, mandating industry compliance by 2027 & more related News Here

The state’s “Pet Insurance Act” was approved as Public Law 2025, Chapter 224 on January 12, 2026, following Senate amendments on December 18, 2025. Sponsored by Assemblywoman Carroll A. Murphy, Assemblyman William B. Sampson, IV, Assemblywoman Rosaura “Rosie” Bagoli, Senator Vin Gopal, and Senator Joseph P. Cryan, with Assemblywoman Co-sponsored. Hall and Speight and Senators…

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United Risk to acquire DUAL North America’s crisis management program

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United Risk to acquire DUAL North America’s crisis management program & more related News Here

Following completion of the deal, the unit will be renamed First Product Protection and operate as an independent division within United Risk, adding product recall and contaminated product coverage to the company’s portfolio. Target sectors include food and beverages, transportation, consumer and industrial electronics, among others. This acquisition reflects United Risk’s strategy to expand specialty…

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Insights on the current and future state of the US casualty insurance market

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Insights on the current and future state of the US casualty insurance market & more related News Here

U.S. casualty insurance has shifted from a cyclical, challenging market to a structurally higher and more disciplined bottom line, and this reality is redefining the operations of brokers, carriers and underwriters. As nuclear verdicts increase, litigation funding increases, and jurisdictional risk intensifies, casualty programs become harder to structure, thresholds for protection become tighter, and clients…

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Frontline Fabrics sues Chubb unit, banks over alleged .4 million fraud

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Frontline Fabrics sues Chubb unit, banks over alleged $1.4 million fraud & more related News Here

Frontline’s systems show six ACH payments issued to a TD Bank account between Jan. 13, 2025, and Feb. 12, 2025, the lawsuit says. All payments made for the benefit of “Gulipec Cumas ve Iplik” were in the amounts of $184,372.13, $196,322.13, $195,002.70, respectively. $350,780.00, $295,484.90, and $204,515.00, totaling $1,426,476.86. Frontline alleges that TD Bank allowed…

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Why do cyber insurance buyers now expect more than a financial backstop?

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Why do cyber insurance buyers now expect more than a financial backstop? & more related News Here

To stay ahead, Burke’s team works closely with claims professionals to stress-test coverage language against real-world events. Historically, many of these harms were addressed under commercial crime policies, appropriate for risks such as social engineering. However, Burke sees benefits in leveraging aggressive cyber policies that include rapid-response incident teams. “If you can contact your cyber…

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