Advocacy Groups Ask FIO to Release Homeowners Insurance Data Collected by NAIC December 17, 2024 By Chad Hemenway A coalition of consumer, environmental, and fair housing groups have called upon the Treasury’s Federal Insurance Office to release homeowners...
Walmart’s DEI Compromise Holds Lessons for Corporate America December 17, 2024 By Jeff Green and Jaewon Kang “Robby Starbuck has viewed your profile.” The LinkedIn alerts for Walmart Inc. executives started appearing on Nov. 18, offering an...
House Committee Says It Finds Evidence of ‘Climate Cartel’ December 16, 2024 By Tim Quinson The House Judiciary Committee said it’s found “substantial evidence of collusion and anticompetitive behavior” by the financial industry to “impose...
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...