Workers’ Comp Profits at Risk from Growing Competition, Lower Rates: A.M. Best December 24, 2019 Workers’ compensation carriers’ ability to retain profitable accounts and maintain market share could be challenged due to declining rates and...
Vietnam-Linked Hackers Steal Intellectual Property from Competitors: Experts December 24, 2019 By Alyza Sebenius A Vietnam-based hacking group is learning from China’s playbook, using increasingly sophisticated cyber attacks to spy on competitors and help...
It’s Not Easy Getting Insurers to Defend in Sexual Harassment Cases December 24, 2019 By Jim Sams While Harvey Weinstein’s insurers have reportedly agreed to pay $47 million to settle civil suits against the movie producer, most...
Holiday Policy Language: Christmas 2019 December 24, 2019 By Patrick Wraight It’s time for another edition of holiday policy language, especially for Christmas 2019. This time, I felt it necessary to...
Vatican Tribunal Processes ‘Tsunami’ of Clergy Sex Abuse Complaints December 24, 2019 By Nicole Winfield The Vatican office responsible for processing clergy sex abuse complaints saw a record 1,000 cases reported from around the world...
Sirius Expands Facultative Cover, Tapping Underwriters from Asia Capital Re December 24, 2019 Bermuda-based Sirius International Insurance Group Ltd. announced it is expanding its facultative product offerings in the Asian region to better...
Japan Post’s Share Sale Faces Delays After Scandals at Insurance Unit: Sources December 24, 2019 By Emi Urabe and Sumio Ito Japan’s government is considering holding off on its plan to sell about $10 billion worth of shares in Japan Post...
New York Tweaks Clean Water Plan as Suppliers Call for More Time December 24, 2019 By Marina Villeneuve New York would not issue violations against certain water suppliers who notify the public that they have too-high levels of...
IICF Raises $1.14M at Annual Benefit Dinner Honoring Markel Corporation December 24, 2019 By Elizabeth Blosfield The Insurance Industry Charitable Foundation (IICF), a nonprofit organization dedicated to helping communities and enriching lives, raised $1.14 million at...
Massachusetts Auditor Says Revenue Department Needs to Better Protect Data December 24, 2019 The Massachusetts Department of Revenue needs to do more to protect the security of taxpayer and business data, the state...