Social Inflation Fix: Insurers Can’t Be Out Front, Chubb’s Greenberg Says June 6, 2024 By Susanne Sclafane Although insurers can help to stop the growth of social inflation, they can’t lead the effort, an industry executive said...
Lloyd’s Opening Miami Office to Support Growth in Latin America and Caribbean June 6, 2024 Lloyd’s, the re/insurance marketplace, is opening an office in Miami from Sept. 1, 2024, with an aim to strengthen its...
Should Judge Recuse Himself From Case Involving His Own Insurer? June 6, 2024 By Andrew G. Simpson Liberty Mutual Insurance is pushing for a federal judge in New Jersey to recuse himself from a construction insurance case...
Hack That Crippled UK Hospitals Highlights Growing Threat to NHS June 6, 2024 By Jordan Robertson and Jake Bleiberg In June of last year, a Russian cybercrime gang called BlackCat hacked the Barts Health NHS Trust, a part of...
World Hits Streak of Record Temperatures as UN Warns of ‘Climate Hell’ June 6, 2024 By Kate Abnett Each of the past 12 months ranked as the warmest on record in year-on-year comparisons, the EU’s climate change monitoring...
Staff Warned Off Whistleblower Hotlines: Global Survey June 6, 2024 By Kirstin Ridley More than half of whistleblowers have felt pressured not to use internal hotlines to raise red flags at large global...
Crypto Exchange Binance Seeks to Slash Size of $13 Billion UK Lawsuit June 6, 2024 Crypto exchange Binance on Wednesday sought to throw out the vast majority of a London lawsuit worth up to 10...
Companies Need to Be Aware of Cyber Risks Related to Proliferation of IoT June 6, 2024 By Peter Hedberg The Internet of Things (IoT), which refers to the collection of internet-enabled devices such as wearables, industrial sensors and controls,...
Buffett’s NetJets Sues Pilots’ Union for Defamation June 6, 2024 By Jonathan Stempel NetJets, the luxury plane unit of billionaire Warren Buffett’s Berkshire Hathaway Inc, sued its 3,400-member pilots union for defamation over...
Commercial Property Insurance Market Proving More Stable, Capitalized: USI June 6, 2024 By Allen Laman Following last year’s historically challenging property insurance market, 2024 is proving to be “a more stable and capitalized market,” USI...