The Remaking of Disgrace Insurance September 10, 2019 By Andrew G. Simpson As co-founder and chief executive officer of the predictive analytics firm Spotted, Janet Comenos knows a lot about famous actors,...
Putting Municipal Ransomware Attacks— and Cyber Insurance —in Context September 3, 2019 By Andrew G. Simpson The ransomware attacks on public entities in Texas, Florida, Maryland, Georgia and elsewhere this year have raised questions not only...
Companies Continue March Towards Robots; Orders Up 7.2% in First Half of Year August 20, 2019 By Andrew G. Simpson In the first half of 2019, the North American robotics market is up 7.2%. From January to June, North American...
Schwab to Buy USAA Investment Management Firm’s Assets for $1.8 Billion July 26, 2019 By Andrew G. Simpson The Charles Schwab Corp. has agreed to acquire assets of USAA’s investment management company, including brokerage and managed portfolio accounts,...
Markel Says It Is Resolving Suits Filed by Fired CatCo Executives July 16, 2019 By Andrew G. Simpson Markel Corp. appears on the way to settling with two former employees who sued over unpaid bonuses after they were...
House Committee Approves 5-Year Flood Insurance Extension with Bipartisan Reforms June 13, 2019 By Andrew G. Simpson A key House committee has passed legislation to renew the National Flood Insurance Program for five years and institute various...
Privacy Exclusion Protects Insurer from $60 Million Class Action June 4, 2019 By Andrew G. Simpson A federal judge in Florida has ruled that a policy exclusion for invasion of privacy claims relieved an insurer of...
Judge Restrains 3 Former Guy Carpenter Execs Who Moved to Lockton Global Re May 31, 2019 By Andrew G. Simpson A federal judge in New York has granted reinsurance broker Guy Carpenter’s request for a temporary restraining order against three...
Congress Renews Flood Insurance Program Until June 14 May 30, 2019 By Andrew G. Simpson Having failed several times to pass a $19 billion disaster aid bill with a federal flood insurance reauthorization provision by...
Managing Sexual Harassment Risk in the #MeToo Era May 24, 2019 By Andrew G. Simpson Since October 2017 when the #MeToo era began and sexual harassment claims against Hollywood mogul Harvey Weinstein were revealed, insurers...