GE Settles with SEC for $200M Over Misleading Power, Insurance Accounting December 10, 2020 By Katanga Johnson and Rajesh Kumar Singh General Electric Co. has agreed to pay a $200 million penalty to settle charges for misleading investors over how it...
CFC Expands Terrorism Offering to Include Active Assailant Coverage December 9, 2020 CFC, a specialist insurance provider specializing in emerging risks, has expanded its suite of terrorism and sabotage insurance products to...
How Young E&S Brokers Are Navigating Today’s Market and Their Careers December 9, 2020 By Andrea Wells Wholesaler brokers of all ages are facing hard market conditions with rising insurance rates, tighter underwriting and fewer carriers willing...
Kaufman, Burns & Wilcox Promote 16 Including Heckman to New Positions December 9, 2020 H.W. Kaufman Group and its wholesale insurance broker subsidiary Burns & Wilcox announced promotions of 16 associates across nine locations...
Middle Market Firms May Be Untapped Telematics Opportunity December 9, 2020 Middle market business owners may be more interested in vehicle telematics insurance products than their agents realize. Approximately 14 percent...
How to Address the Next Uninsurable Pandemic — A Black Swan Event December 9, 2020 By Lucca de Paoli, Katherine Chiglinsky and Benjamin Robertson There aren’t many contexts where $2 trillion seems like a paltry sum. Then a pandemic comes along. The economic fallout...
New Sirius U.S. Excess & Surplus Unit Begins Writing Environmental Business December 9, 2020 Sirius International Insurance Group Ltd. announced its new U.S.-based excess & surplus lines (E&S) platform, called Sirius Specialty Insurance Co....
States Grapple With Determining Who’s Essential, Who’s Not for COVID Vaccine December 9, 2020 By Tina Bellon and Richa Naidu Companies and industry groups lobbying to get their U.S. workers to the front of the line for COVID vaccination are...
FireEye, Major Cybersecurity Firm for Business and Government, Is Hacked December 9, 2020 By Christopher Bing and Joseph Menn FireEye, one of the largest cybersecurity companies in the United States, said on Tuesday that it had been hacked, likely...
Tracking Odors in Dangerous Places. The Smellicopter Flies to the Rescue. December 8, 2020 One huge advantage of drones is that these little robots can go places where people can’t, including areas that might...