Flood Rating 2.0 Begins April 1 for NFIP Renewals, Hiking Premiums for 2 Million Homes March 31, 2022 Starting April 1, property owners in low-lying areas across the country will see their premiums increase when they renew their...
Grubhub, Uber Eats, Postmates Must Face Diners’ Lawsuit Over U.S. Restaurant Prices March 31, 2022 By Jonathan Stempel A U.S. judge on Wednesday said Grubhub, Uber Eats and Postmates must face an antitrust lawsuit by diners who accused...
People Moves: Faylo New U.S. Cyber & Tech Leader at Lockton; Big ‘I’ Names Boggs VP of Agent Development; MGA Falcon Hires 3 Senior Leaders March 31, 2022 Lockton appointed Michelle Faylo as its U.S. Cyber & Technology Leader. Faylo will lead Lockton’s team of skilled cyber specialists,...
Analysis – Cyber Insurers Face Large Ukraine War-Related Claims Despite Exclusions March 31, 2022 By Carolyn Cohn and Noor Zainab Hussain Insurers face potential multi-billion dollar claims for cyber attacks related to Russia’s invasion of Ukraine, despite policy wording designed to...
Another Active Atlantic Hurricane Season in 2022: AccuWeather March 31, 2022 By Chad Hemenway Following the most active season for named storms in the Atlantic in 2020 and the third-most named storms in 2021,...
Insurers: NAIC’s Move to Amend Climate Disclosure Survey Too Quick March 30, 2022 By Don Jergler The National Association of Insurance Commissioners is moving to amend its climate disclosure survey – and insurers may not like...
U.S. SEC Proposes Boosting Blank-Check Company Disclosures, Liability March 30, 2022 By Katanga Johnson and Chris Prentice Proposal requires SPACs disclose conflicts during, after listing Disclosures must be issued at least 20 days before deal vote Rule...
FBI Says Russian Hackers Scanning U.S. Energy Systems and Pose ‘Current’ Threat March 30, 2022 By Sarah N. Lynch Russian hackers have been scanning the systems of energy companies and other critical infrastructure in the United States, and state-sponsored...
Floods Drive Economic Losses in 2021, but Only 25% of Risks Are Insured: Swiss Re March 30, 2022 By L.S. Howard More than 50 severe flood events around the world caused combined economic losses of US$82 billion in 2021, while insured...
Home-Based Businesses Carry Risks, Rewards – and Insurance Industry Opportunities March 30, 2022 By Jill Bryant The world of work is changing fast, with the pull of the digital revolution and the push of the pandemic...