D&O Market Has Most Profitable Year Since 2014 but Results May Be an Anomaly May 11, 2022 By Chad Hemenway The directors and officers insurance marketplace in 2021 enjoyed its most profitable year since 2014 but results have to be...
Riding the Wave of InsurTech 3.0: What It Takes to Not Just Survive, But Thrive May 11, 2022 By Elizabeth Blosfield As the InsurTech industry approaches the next wave of innovation, experts say this could mean navigating rough waters. “I believe...
Face-Scanner Clearview Agrees to Limits in Court Settlement May 11, 2022 By Kathleen Foody Facial recognition startup Clearview AI has agreed to restrict the use of its massive collection of face images to settle...
Biden Administration Asks U.S. Supreme Court to Shun Bayer Weedkiller Appeal May 11, 2022 By Lawrence Hurley and Ludwig Burger President Joe Biden’s administration on Tuesday asked the U.S. Supreme Court not to hear Bayer’s bid to dismiss claims by...
Claims Frequency Up for 2021, but Workers’ Comp Profitability ‘Unprecedented’ May 11, 2022 By William Rabb For the first time in more than a decade, workers’ compensation claims frequency, outside of COVID-19 illness claims, increased in...
Inflation, Ukraine War Seen as Chief Financial Risks May 10, 2022 By Howard Schneider High inflation, volatility in stock and commodity markets and the war in Ukraine have emerged as the chief risks to...
Elephant Insurance Reports Data Breach May 10, 2022 Virginia-based direct-to-consumer personal lines insurer Elephant Insurance reports that it experienced a cyber incident beginning in late March and as...
Tesla Recalls 130,000 Vehicles Over Touchscreen Display Malfunction May 10, 2022 By David Shepardson Tesla Inc. is recalling about 130,000 vehicles in the United States following an overheating issue that may cause the center...
Global Banks Flee the Monster SPAC Market They Helped Create May 10, 2022 By Katherine Doherty Just a few years after banks helped create a gargantuan market for blank-check companies, they’re pulling away from the deals,...
U.S. SEC Gives Public Until June 17 to Weigh In on Climate Risk Proposal May 10, 2022 By Katanga Johnson The U.S. Securities and Exchange Commission (SEC) on Monday extended until June 17 the period for public comment on its...