Arch Insurance to Buy Allianz’s U.S. MidCorp & Entertainment Insurance Businesses April 5, 2024 By L.S. Howard Arch Insurance North America, part of Bermuda’s Arch Capital Group Ltd., announced it has entered into an agreement to acquire...
Women Lost C-Suite Seats in Corporate America, S&P Says April 5, 2024 By Simone Foxman Women’s representation in senior level positions at US companies faces an “alarming turning point,” with steady growth showing signs of...
Trump’s Bond Firm Must Show Proof of Resources, New York AG Says April 5, 2024 By Erik Larson Donald Trump must prove within 10 days that the company providing his $175 million appeal bond in New York’s civil...
Private Credit Is Top Choice for Insurers Managing $13 Trillion April 5, 2024 By Liz Capo McCormick For the first time, a fixed-income sector — private credit — topped the list of favored assets in Goldman Sachs...
US Justice Department to Meet Boeing Fatal Crash Victims’ Lawyers April 5, 2024 By Mike Spector, Chris Prentice and David Shepardson The U.S. Justice Department next week will meet with lawyers for families of victims of two fatal Boeing 737 MAX...
Applied Surety Underwriters Buys Majority of Argo’s In-Force Coal, Oil, Gas, Mining Biz April 5, 2024 Applied Surety Underwriters (ASU), a subsidiary of Applied Underwriters’ United Risk division, announced it will acquire the majority of Argo...
US SEC Stays Climate Disclosure Rule Amid Legal Challenges April 5, 2024 By Isla Binnie Wall Street’s top regulator has stayed new climate-related disclosure requirements pending judicial review, the agency said in a statement on...
Weather Forecasters Predict ‘Extremely Active’ 2024 Atlantic Hurricane Season April 4, 2024 By Erwin Seba Weather forecasters at Colorado State University (CSU) on Thursday predicted an “extremely active” 2024 Atlantic hurricane season because of warm...
US D&O Insurance Segment’s Improved Results Unlikely to Be Sustainable: Fitch April 4, 2024 By L.S. Howard The U.S. directors and officers (D&O) liability insurance segment’s strong underwriting profit of 2023 is unlikely to be sustainable, according...
Freight Railroads Must Keep 2-Person Crews Under New Federal Rule April 4, 2024 By Josh Funk Major freight railroads will have to maintain two-person crews on most routes under a new federal rule that was finalized...