Insurance News from February 04, 2021
National News
McKinsey to Pay $573 Million to States to Settle Opioid Claims
Consulting firm McKinsey & Co. has agreed to pay at least $573 million to resolve...
International & Reinsurance News
Commercial Insurance Prices Rose 22% in Q4, but Some Lines Began to Plateau: Marsh
Global commercial insurance prices increased 22% in the fourth quarter of 2020,...
Mosaic Launches Bermuda-Based Specialty Insurer, Along with Lloyd’s Syndicate 1609
Vale Agrees to Pay Settlement of $7 Billion for Brazilian Mine Disaster in 2019
Property Catastrophe Bond Placement Reaches Record in 2020 and Q4: Aon
Applied Underwriters to Acquire UK Yacht Insurance MGA, Concept Special Risks
East News
New York Regulator Issues Guidance for Insurers Writing Cyber Policies in the State
The New York State Department of Financial Services (DFS) has issued new guidance...
West News
Cannabis Broker Spotlight: Kennedy with Purple Risk Preaches Education, Specialization
Editor's note: This part of a series of profiles on cannabis brokers, in which...
Southeast News
Climate Group Urges South Carolina Towns to Tackle Climate Change
A new group in Charleston is committed to lowering the area's carbon footprint, and...
Texas / South Central News
Texas Governor Calls for COVID-19 Liability Protections for Businesses
In his State of the State address on Feb. 2, Texas Gov. Greg Abbott advocated liability...
Midwest News
Bill to Stem Virus-Related Lawsuits Advances in Missouri Senate
Missouri senators on Feb. 3 advanced a bill that would shield hospitals, manufacturers...