Supreme Court Upholds But Curbs SEC’s Power to Force Ill-Gotten Gains in Fraud Cases June 22, 2020 By Lawrence Hurley and Andrew Chung The U.S. Supreme Court on Monday placed limits on the Securities and Exchange Commission’s practice of forcing defendants to surrender...
There’s Plenty of Room for Improvement in U.S. Commercial Lines: Fitch June 22, 2020 By Susanne Sclafane With an industry overall combined ratio for 2019 hovering just below 100, and individual lines like long-tail liability moving 10...
AXA XL’s Mackie Joins Liberty Mutual Re to Head U.S. Property Business June 22, 2020 Two-year old Liberty Mutual Re said it has appointed Scott Mackie to the role of director of Assumed Reinsurance –...
In U.S., 1 in 4 COVID-19 Deaths Are Residents of Nursing Homes June 22, 2020 By Ricardo Alonso-Zaldivar and Justin Myers Nursing home residents account for nearly 1 in 10 of all the coronavirus cases in the United States and more...
Online Used Car Retailer Shift Talking Merger With Insurance Acquisition June 22, 2020 By Gillian Tan, Crystal Tse and Katie Roof Shift Technologies Inc., an online retailer for used cars, is in talks to merge with blank-check company Insurance Acquisition Corp.,...
Colleges Asking Returning Athletes to Sign COVID-19 Risk Forms June 22, 2020 By Ralph D. Russo Ohio State calls it the Buckeye Acknowledgment and Pledge, a two-page document the school asked its athletes to sign before...
AmTrust Exec Launches Commercial Crime Product for Businesses June 22, 2020 AmTrust Exec, a division of AmTrust Financial Services, Inc., has introduced a commercial crime product designed to provide coverage for...
AI-Powered Supply Chain Software in Demand Amid Coronavirus Disruption June 19, 2020 By Rajesh Kumar Singh For the past seven years, a Munich-based firm called riskmethods has tried to interest companies in buying software that allows...
Supreme Court Rejects Appeals Over Police ‘Qualified Immunity’ June 19, 2020 By Greg Stohr The U.S. Supreme Court this week refused to take up a new test of “qualified immunity,” rejecting several appeals that...
Justice Department Outlines Proposed Overhaul of Social Media Immunity June 19, 2020 By Ben Brody and Chris Strohm The Justice Department on Wednesday outlined a broad overhaul of legal protections for online platforms such as Alphabet Inc.’s Google...