US Commercial Lines Prices Up About 6% Again: WTW CLIPS December 11, 2024 Broker WTW said commercial lines insurance rates increased overall by an average of 6.1% during the third quarter 2024. Quarterly...
With 13 New Members, SC Senate Could Tackle Joint Liability, Liquor Insurance December 11, 2024 By Jeffrey Collins COLUMBIA, S.C. (AP) — With the largest number of newly elected members at least since World War II, Republican South...
Cyber Specialty MGA Envelop Risk Extends Capacity Backing From MS Reinsurance December 11, 2024 Envelop Risk, the data-driven cyber reinsurance and analytics specialist, announced it has just completed a capacity agreement with MS Reinsurance...
Krispy Kreme Hack Disrupts Online Ordering, Other Operations December 11, 2024 By Andrew Martin Krispy Kreme Inc. said a cybersecurity incident had disrupted some of its operations, including online ordering in parts of the...
Shell Settles Lawsuit Against Greenpeace Over Activists Boarding Oil Vessel December 11, 2024 British oil and gas major Shell on Tuesday settled a London lawsuit it brought against environmental group Greenpeace after activists...
Future Pandemic Could Cause $13.6 Trillion in Economic Losses Over 5 Years: Lloyd’s December 11, 2024 Another human pandemic could cause economic losses of $13.6 trillion for the global economy over a five-year period, commercial insurance...
Large UK Insurers to Report Daily Cash Positions During Crises Under New Proposals December 11, 2024 Large British life insurers would need to report their liquidity positions daily during market crises under new rules proposed on...
Lawsuit Accuses Major Food Companies of Marketing ‘Addictive’ Food to Kids December 11, 2024 By Brendan Pierson Major food companies, including Kraft Heinz, Mondelez and Coca-Cola, were hit with a new lawsuit in the U.S. on Tuesday...
Quantifying Social Inflation: How Swiss Re Developed an Index December 11, 2024 By Susanne Sclafane Swiss Re Institute (SRI) made a significant contribution to the literature on social inflation and its impacts on insurers, reinsurers...
AI Safety Is Hard to Steer With Science in Flux, US Official Says December 11, 2024 By Jeffrey Dastin Policymakers aiming to recommend safeguards for artificial intelligence are facing a formidable challenge: science that is still evolving. AI developers...