International, Domestic Insurers Push Into Catastrophe-Hit US Property Markets December 16, 2024 By Carolyn Cohn and Noor Zainab Hussain International and domestic insurers are pushing into the U.S. market for hard-to-protect homes, charging high premiums and enjoying strong profits...
People Moves: MMG’s McHatten Elected Chair of Insurance Information Institute December 16, 2024 Matt McHatten, president and chief executive officer at MMG Insurance, is the new chair of the Insurance Information Institute’s (Triple-I)...
Trump Tariffs Could Intensify US Trucking Industry Slump, Experts Say December 16, 2024 By Lisa Baertlein President-elect Donald Trump’s threatened tariffs on top trade partners China, Mexico and Canada would deal a blow to the $1.7...
Death of Nasdaq Diversity Rule Signals More Trouble for DEI December 16, 2024 By Simone Foxman, Jeff Green and Katherine Doherty The message from Nasdaq as the Black Lives Matter movement exploded across the US: push for diversity – or prepare...
What’s Not Changing in 2025: Homeowners Outlook, Re Retentions December 16, 2024 When analysts at AM Best reviewed outlooks for the property/casualty insurance and reinsurance sectors this week, recent good news of...
Consulting Firm McKinsey to Pay $650M to Resolve US Opioid Probe December 13, 2024 By Nate Raymond and Mike Spector McKinsey & Co has agreed to pay $650 million to resolve a U.S. Department of Justice investigation into the consulting...
Nonstandard Auto Segment Posts Profit for First Half 2024 December 13, 2024 By Jahna Jacobson While publicity about personal auto insurer initiatives has focused chiefly on requested rate increases, there’s more to the picture regarding...
Player’s Health Announces $60M Funding Round December 13, 2024 Players Health, a provider of athlete safety and sports insurance solutions, has announced the closing of its $60 million Series...
Starbucks Restores Scheduling App Taken Down by Hack to Vendor December 13, 2024 By Daniela Sirtori Starbucks Corp.’s system for logging employee hours is back online nearly three weeks after a vendor hack had forced the...
Workers’ Comp Mega Claims Total $1B-Plus Yearly, Multiagency Study Shows December 13, 2024 Mega claims in workers’ compensation represent far less than 1% of total workers’ comp claims yet account for more than...