Personal Auto Driving P/C Insurers to 2024 Underwriting Profit July 23, 2024 By Susanne Sclafane S&P Global Market Intelligence is forecasting a combined ratio of 99.2 for the U.S. P/C insurance industry overall in 2024,...
Whole Foods Settles Ex-Worker’s Lawsuit Over Black Lives Matter Masks July 23, 2024 By Nate Raymond Whole Foods has reached an agreement to settle a lawsuit accusing it of illegally firing a worker who refused to...
People Moves: CRC Makes 3 Exec Leadership Moves; Mosaic Hires Smith as Americas CEO; HUB Names Davis Curtis Global Education Specialty Leader July 23, 2024 CRC Group, headquartered in Birmingham, Alabama, named Brent Tredway as sole president of the brokerage division and Chris Carlson as...
Wiz Rejects Google’s $23 Billion Offer, Seeks IPO Instead July 23, 2024 By Lynn Doan and Julia Love Cybersecurity startup Wiz Inc. has turned down a takeover bid of as much as $23 billion from Alphabet Inc.’s Google,...
Beef Between Wholesale and Retail Agents Should Go to Trial, Court Finds July 23, 2024 By Andrew G. Simpson A federal judge has ruled that a wholesale insurance agent’s claim against a retail agent for allegedly misrepresenting the exposure...
Delta Warns Cancellations to Stretch for Days After Outage July 23, 2024 By Mary Schlangenstein Delta Air Lines Inc. expects to cancel more flights this week as the carrier tries to recover from a crippling...
US Severe Storms Continue to Drive Global Natural Disaster Losses: Gallagher Re July 22, 2024 By L.S. Howard US severe convective storms (SCS) continued to drive global natural catastrophe losses during the first half of 2024. Of the...
Trigger Warning: Cyber Policy Wordings to Impact Coverage for Tech Outage July 22, 2024 By Chad Hemenway Industry stakeholders continue to try to get a grasp of the implications from last week’s massive technology outage affecting motley...
What Role Does Insurance Play in a Politically Charged Climate? July 22, 2024 By Elizabeth Blosfield Law enforcement officials are continuing to investigate a July 13 shooting at a Butler, Pa. rally for former President Donald...
Microsoft: About 8.5M of Its Devices Affected by CrowdStrike-Related Outage July 22, 2024 A global tech outage that was related to a software update by cybersecurity firm CrowdStrike affected nearly 8.5 million Microsoft...