Boy Scouts Victims’ Fund Unfair to Insurers, Companies Argue in Court March 30, 2022 By Steven Church The Boy Scouts of America’s sexual abuse compensation fund may force insurers to make payments they can’t negotiate over, even...
FDA Green Lights 2nd Booster of Pfizer/BioNTech, Moderna COVID Shots for Older Americans March 29, 2022 By Michael Erman The U.S. Food and Drug Administration on Tuesday authorized a second booster dose of the two most commonly used COVID-19...
NHTSA to Review if Pony.ai Complied With Crash Reporting Order March 29, 2022 By David Shepardson The National Highway Traffic Safety Administration (NHTSA) on Tuesday said it will review whether startup technology firm Pony.ai complied with...
Johnson & Johnson to Suspend Supply of Personal Care Products to Russia March 29, 2022 Johnson & Johnson said on Tuesday it would halt sale of personal care products in Russia, joining other companies that...
AIG’s Life and Retirement Unit Files for IPO March 29, 2022 The holding company of U.S. insurer American International Group Inc.’s life and retirement business, SAFG Retirement Services Inc., filed for...
Supreme Court Agrees to Hear Fair Use Copyright Claim Over Warhol’s Paintings March 29, 2022 By Blake Brittain In a case that could help clarify when and how artists can make use of the work of others, the...
Consumer Group Demands Probe After Reports of Alleged Bias at State Farm March 29, 2022 By Jim Sams A national consumer rights group on Thursday called on state insurance commissioners to investigate racial bias in claims handling after...
Markets/Coverages: Falvey’s Cyber Cover for Cargo; PHLY’s New Commercial Line; CoverEase’s Workers’ Comp; Mile Auto’s Telematics March 28, 2022 Falvey Cargo Underwriting Offers Cyber for Cargo Falvey Cargo Underwriting announced its latest product offering, Cyber for Cargo, to help...
Goldman Sachs Vows to Push Directors for More Climate Disclosure March 28, 2022 By Ross Kerber Goldman Sachs’ big asset-management arm will take a harder line in voting on directors at companies that do not disclose...
Insurance Technology: Policygenius Raises $125M; Players Health Raises $28M March 28, 2022 Insurance brokerage platform Policygenius announced the closing of $125 million of new growth capital, bringing the insurtech’s total funding to...