Eunice Ting, of Watervliet, New York, pled guilty last Thursday to making a false statement to obtain benefits from the Department of Labor’s workers’ compensation program. According to prosecutors, Ting admitted that between December 2013 and March 2020, she falsely …
Tokio Marine Holdings Inc. is considering a sale of its life insurance business in Southeast Asia that could be valued at about $1 billion in a deal, according to people familiar with the matter, as the Japanese insurer looks to …
Following the closure of Silicon Valley Bank (SVB), VC-backed startups were increasingly looking for stronger protection in case their assets were compromised — specifically liability policies covering company executives, according to digital business insurance platform Embroker. The company analyzed real-time …
Marsh McLennan Companies Inc. reports “a strong start” to 2023, generating 9% underlying revenue growth in the first quarter on top of 10% growth in the first quarter of last year, according to John Doyle, president and chief executive officer. …
A minor magnitude 3.6 earthquake shook parts of upstate New York on Sunday afternoon. There were no immediate reports of significant damage. The U.S. Geological Survey reported that the earthquake struck at 2:10 p.m. with an epicenter about 10 miles …
San Diego, CA. April 25, 2023 — Today Carrier Management announced the agenda and speakers for The InsurTech Summit 2023. These experts will share their knowledge and experiences, making your own InsurTech journey much smoother. At this virtual event, you’ll …
The Confederation of British Industry may not survive a scandal triggered by rape claims among staff, its president said, as he acknowledged that the business group had failed to dismiss “abhorrent” employees who’d harmed their colleagues. Brian McBride wrote an …
A Brazilian reinsurer entered a non-prosecution agreement and will pay $5 million to resolve a U.S. probe into a false story that the company had received a significant investment from billionaire Warren Buffett’s Berkshire Hathaway Inc. The U.S. Department of …
When the U.S. Supreme Court decides in the coming months whether to weaken a powerful shield protecting internet companies, the ruling also could have implications for rapidly developing technologies like artificial intelligence chatbot ChatGPT. The justices are due to rule …
Cancer victims on Monday urged a U.S. judge to dismiss a Johnson & Johnson subsidiary’s second bankruptcy filing, saying that the company is abusing the bankruptcy system in its renewed attempt to resolve tens of thousands of lawsuits alleging that …
