D&O Loss Ratios Unchanged by Rate Hikes; Supply Disruption to Fuel Suits March 2, 2022 By Susanne Sclafane Directors and officers liability insurance premium rate hikes have not had the anticipated impacts on loss ratios that carriers had...
Biden’s Supreme Court Nominee Defies Expectations on Employer-Employee Cases March 2, 2022 By Tom Krisher and Dee-Ann Durbin Labor unions and worker advocates have applauded President Joe Biden’s nomination of Judge Ketanji Brown Jackson for the Supreme Court....
Analysis: Russian Ransomware Attacks on Ukraine Muted by Leaks, Insurance Exclusion March 2, 2022 By James Pearson and Raphael Satter Warnings that pro-Russian ransomware gangs would snarl networks in Ukraine and its allies have so far failed to materialize amid...
Fox Sued Over Launch of ‘Counterfeit’ USFL by Former Owners March 1, 2022 By Joe Schneider Fox Sports’ planned launch of the USFL this year is being challenged by former owners of the original American football...
People Moves: Zurich’s Hart Moves to Munich Re Specialty; AXA XL Promotes Design Professional Team’s Kendall March 1, 2022 Munich Re Specialty Insurance (MRSI) has named long-time Zurich North America executive Sabrina Hart as president of its excess and...
AIG: Net-Zero Greenhouse Gas Emissions in Underwriting, Investments by 2050 March 1, 2022 By Chad Hemenway American International Group said it is committing to net-zero greenhouse gas emissions within its underwriting and investment portfolios by 2050....
Liberty Mutual Closes Deal for State Auto Group March 1, 2022 By Chad Hemenway Liberty Mutual Insurance said it completed the all-cash deal of about $1 billion for super-regional insurer State Auto Group. The...
Hub, Bold Penguin to Acquire Small-Business Digital Agency Insureon March 1, 2022 By Chad Hemenway Brokerage Hub International and insurtech Bold Penguin have agreed to acquire digital agency Insureon Holdings. Chicago-based Insureon calls itself the...
EPA Power to Curb Carbon Emissions Questioned by Supreme Court March 1, 2022 By Lawrence Hurley and Valerie Volcovici Conservative U.S. Supreme Court justices on Monday appeared skeptical of the federal government’s authority to issue sweeping regulations to reduce...
Aon Discloses ‘Cyber Incident’ Amid Mounting Concerns Over Hacks February 28, 2022 By Max Reyes Aon Plc is investigating a “cyber incident” that the insurance brokerage said impacted a limited number of its systems. The...