Workers’ Compensation Insurers Find That as Opioid Cost Slows, Marijuana Grows October 15, 2021 By Jim Sams Workers’ compensation insurers have slashed spending on opioids, reducing the risk of addiction and delayed recovery, but now they are...
Safety Regulator Questions Tesla on No Recall With Autopilot Update October 15, 2021 By Tom Krisher U.S. safety investigators want to know why Tesla didn’t file recall documents when it updated Autopilot software to better identify...
Maine to Seek ‘Forever Chemical’ Contamination at Many Sites October 15, 2021 Environmental regulators in Maine will soon undertake a statewide investigation to find concentrations of long-lasting environmental pollutants. The investigation stems...
Massachusetts Alleges Improper Asbestos Removal, Disposal in Salem October 15, 2021 The former owners of a Salem property recklessly cut corners that probably led to the release of asbestos during demolition...
People Moves: Aon Names WTW’s ForsgÃ¥rd as CEO, Nordic Region; Marshmallow Hires Gillard as Chief People Officer; Sedgwick Appoints Norman for Biz Development October 15, 2021 This edition of International People Moves details appointments at broker Aon, insurtech Marshmallow, and loss adjuster Sedgwick. A summary of...
Reinsurer Natural Disaster Losses to Exceed Budget Expectations for 5th Year: S&P October 15, 2021 For the fifth consecutive year, insured losses from natural catastrophes are expected to be at or above global reinsurers’ budget...
Everest Re, AXIS Capital Estimate Costs of Q3 Natural Catastrophe Losses October 15, 2021 Everest Re Group Ltd. and AXIS Capital announced their preliminary third quarter 2021 catastrophe losses. In advance of its full...
Corporate Climate Risk Disclosures Still Falling Short, Regulators Say October 15, 2021 By Huw Jones and Simon Jessop Around half of companies assessed have begun to apply globally agreed climate-related disclosure standards for helping investors to pick firms...
Australia’s Regulator Sues Unit of IAG for Failing to Honor Promised Discounts October 15, 2021 Australia’s corporate regulator commenced civil proceedings against a unit of Insurance Australia Group on Friday, for failing to pass on...
MGAs Can Build Broker Relationships – Even in a Hard Market: Aston Lark’s CEO October 15, 2021 By L.S. Howard How can managing general agents build broker relationships during a hardening market when insurers have much less incentive to provide...