Key cases and trackers

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Latest Insurance & Reinsurance News

Zurich expects to cough up US$200m for LA wildfire claims

Law360, London: Insurer Zurich said on 20 February 2025 it expects to take a US$200m hit from the fires that swept Los Angeles in January 2025, in which approximately 30 people were killed and more than 18,000 structures were destroyed or damaged.

Axiom predecessor settles coronavirus (COVID-19) coverage dispute with Aviva

Law360, London: A law firm that became part of now-collapsed Axiom Ince has settled its claim with Aviva in a dispute over its business interruption insurance policy that erupted in the wake of national lockdowns imposed during the coronavirus (COVID-19) pandemic.

Insurance & Reinsurance weekly highlights—20 February 2025

This week's edition of Insurance & Reinsurance weekly highlights includes: QIC denies COVID-19 cover for Franco Manca owner; AIG largely beats claim over failed Italy property scheme; Zurich has key defence trimmed in dental spa fire claim; Insurers warn government over tax hikes after £11.7bn claims paid; Growth in UK insurance premiums expected to slow, EY says; cases and decisions; key dates for your diary; and other news highlights reported over the past week.

UK home insurance premiums rise said to be slowing

Law360, London: Home insurance premiums increased 14% year-on-year from October 2024 to December 2024, a price comparison site has said, but the period saw a 'slowing' growth rate compared to the period from July 2024 and September 2024.

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