Consumer Watchdog Facing Curbs, Scrutiny Following Trump Win November 14, 2024 By Pete Schroeder and Tatiana Bautzer Bank executives and lawyers anticipate the incoming Trump administration to place significant limits on the U.S. Consumer Financial Protection Bureau...
2024 More of the Same in Commercial Auto Segment After $5B Net Loss in 2023 November 14, 2024 After the U.S. commercial auto insurance segment sustained a $5 billion net loss in 2023, a new AM Best reports...
To Manage the Cycle Effectively, Focus on Underwriters’ Behavior November 14, 2024 By Tony Buckle and John Carolin Executive summary: When actual prices line up with technical prices, insurers expect underwriting profits to emerge. But what if underwriters...
Global CO2 Emissions to Hit Record High in 2024, Report Says November 13, 2024 By Kate Abnett Global carbon dioxide emissions, including those from burning fossil fuels, are set to hit a record high this year, pulling...
GM to Recall More Than 461,000 Vehicles Over Transmission Issues: NHTSA November 13, 2024 General Motors will recall 461,839 vehicles over an issue with transmission, the National Highway Traffic Safety Administration said on Wednesday....
Meta Pushes Back Against FTC Effort to Toughen Privacy Order November 13, 2024 By Leah Nylen Meta Platforms Inc. rebuffed the Federal Trade Commission’s plans to modify a 2020 privacy settlement with the company, arguing that...
‘Make America Healthy Again’: RFK Jr. Wins Over Fans by Stoking Food Toxin Fear November 13, 2024 By Antonia Mufarech “Make America Great Again” has long been a signature phrase at Donald Trump’s rally speeches. Its recent offshoot, “Make America...
People Moves: Schaper Is Now Permanent AIG CRO; NFP Appoints Boester Head of Sports and Entertainment Group; Galvin and Fujikawa Join Alliant’s Employee Benefits November 13, 2024 American International Group said Christopher Schaper has been appointed chief risk officer of AIG. Schaper has held the role of...
Safeco to Take Personal Lines Renewal Business of Main Street America November 13, 2024 By Chad Hemenway Liberty Mutual’s Safeco Insurance has agreed to take the personal lines business of Main Street America, marking the second time...
Supreme Court Lets Stand Ruling Curbing Bid-Rigging Prosecutions November 12, 2024 By Greg Stohr The US Supreme Court left intact a ruling that curbs the Justice Department’s ability to use federal antitrust law to...