Global Insurance Prices Continue to Stabilize in Q3 as US Cyber Premiums Drop: Marsh November 20, 2023 Global commercial insurance prices increased 3% in the third quarter of 2023, the same as the prior quarter, according to...
Texas Court: Immunity Doesn’t Protect Local Governments From Administrative Penalties November 20, 2023 By Jim Sams Political subdivisions in Texas can’t use governmental immunity to evade administrative penalties for failing to timely pay workers’ compensation benefits,...
SEC Sues SolarWinds for Concealing Risks Before Massive Hack November 20, 2023 By Chris Prentice, Jonathan Stempel and Raphael Satter The U.S. Securities and Exchange Commission on October 30 sued software company SolarWinds Corp. and its top information security executive,...
Louisiana Contractor Gets Max Fine After Fatal Fall at Hyundai Plant Site November 20, 2023 Federal safety regulators have brought the hammer down on a Louisiana contractor, deciding that the company failed to use correct...
The 4 Key Factors Contributing to Rising Insurance Rates November 20, 2023 By Jeff Menary It’s no secret to buyers of almost any type of property/casualty insurance policy — home, auto, business — that rates...
Poultry Producers Seek to Dismiss Ruling That They Polluted an Oklahoma Watershed November 20, 2023 A group of poultry producers, including the world’s largest, have asked a federal judge to dismiss his ruling that they...
Ending Polarization and Building Future Leaders: Travelers CEO November 20, 2023 By Susanne Sclafane Challenges facing today’s business leaders include keeping pace with rapid change, the leader of Travelers said in late October while...
Major Cyber Attack Could Cost Global Economy $3.5 Trillion: Lloyd’s November 6, 2023 A cyber attack on a major financial services payments system could result in widespread business disruptions, potentially costing the global...
Agency E&O Buyers Report Fewer Price Hikes But Overall Premiums Still Up November 6, 2023 By Andrea Wells Fewer agencies reported increases in premium on their agency errors and omissions renewal policies from 2022 to 2023, according to...
Insured Losses From Severe Convective Storms in US Top $50B for 1st Time: Aon Report November 6, 2023 By L.S. Howard Insured losses from severe convective storms in the United States continued to increase during the third quarter, surpassing the $50...