Commercial Lines Not at Top of Cycle; ‘Thieves’ Fuel Social Inflation: CEOs July 9, 2024 By Susanne Sclafane It’s not waning market discipline but the scourge of social inflation that industry leaders of commercial lines insurance businesses see...
Former USAA CEO Robles, 78, Dies July 8, 2024 Former USAA chief executive officer Josue “Joe” Robles Jr., 78, died July 4. In a post to X, the company...
ESG Investing Rule Presents Early Test on Limits of US Agency Powers July 8, 2024 By Daniel Wiessner A challenge to a Biden administration rule allowing socially conscious investing by employee retirement plans will present an early test...
Reinsurers’ Appetite Grows During Mid-Year Renewals but Discipline Remains: Brokers July 8, 2024 By L.S. Howard Reinsurance buyers generally saw positive outcomes during the mid-year renewals, finding adequate capacity to meet cedents’ increasing demand for protection...
Insurance Industry Impact From Hurricane Beryl Expected to Be ‘Manageable’ July 8, 2024 By Chad Hemenway Hurricane Beryl made its U.S. landfall at Matagorda, Texas early Monday as a Category 1 hurricane. The storm has reportedly...
The Battle Over J&J’s Bankruptcy Plan to End Talc Lawsuits July 8, 2024 By Mike Spector Eron Evans died in 2016 at 41 of ovarian cancer, leaving behind two daughters. Her grieving mother, Darlene, blames Johnson...
To Insure or Self-Insure? The Question Homeowners Must Answer July 8, 2024 By Rick Gorvett No matter where you live, there’s a good chance the weather’s getting wilder. In just the past few weeks, tornadoes...
Crypto Hacking Thefts Double to $1.4B in First Half 2024 July 8, 2024 By Elizabeth Howcroft The amount of cryptocurrency stolen in hacks globally more than doubled in the first six months of 2024 from a...
GM to Pay $145.8M Penalty After US Finds Excess Emissions July 5, 2024 By David Shepardson General Motors will pay a $145.8 million penalty and forfeit credits worth hundreds of millions of dollars after a U.S....
OpenAI’s Internal AI Details Stolen in 2023 Breach, NYT Reports July 5, 2024 A hacker gained access to the internal messaging systems at OpenAI last year and stole details about the design of...