Catastrophe Bonds Positioned to Tap Into Demand for Socially Responsible Investments April 5, 2021 By Tasos Vossos Catastrophe bonds are being hailed as the next frontier for socially responsible investing. Such debt, which insures against natural disasters...
New Federal Flood Insurance Rating Plan to Start Oct. 1 April 5, 2021 By Alwyn Scott Hundreds of thousands of Americans will pay significantly more to insure their homes in coastal areas and flood zones under...
New Starr Environmental Shield Product Targets Manufacturing-Related Risks April 5, 2021 Starr Insurance Cos. has introduced Environmental Shield, a customized environmental insurance product that covers multiple manufacturing risks with a single...
Three Tales of Troubled Insurance Relationships April 1, 2021 By Lirpa Loof Three insurance relationship tales from today’s newswire. Woman Sues Insurtech Over Broken Heart Thrice-divorced Natalie Galumpkin says she knows a...
New York City Loses Appeal Seeking to Hold Oil Firms Liable for Global Warming Effects April 1, 2021 By Jonathan Stempel and Sebastien Malo A federal appeals court on Thursday rejected New York City’s effort to hold five major oil companies liable to help...
Homeland Security Orders Cyber ‘Sprints’ as Part of U.S. Plan Against Hacks April 1, 2021 By Alyza Sebenius and Shaun Courtney The U.S. Department of Homeland Security is undertaking a series of “sprints” to enhance American cybersecurity in the wake of...
Insurers Have Not Yet Embraced Cryptocurrency Craze Despite Demand April 1, 2021 By Noor Zainab Hussain and Carolyn Cohn If Elon Musk’s Tesla wanted to insure all of its recent $1.5 billion bitcoin investment against the myriad of pitfalls...
American Family’s Stauffacher, Yancy, Others Assume Key Leadership Posts April 1, 2021 The American Family Insurance group has announced leaders in several new and existing key positions. Jessie Stauffacher, president and CEO...
Union Cheers as Court Halts Trump Hog Slaughter Line Speed Rule April 1, 2021 By Karl Plume The largest U.S. meatpacking union celebrated a victory in federal court on Wednesday that it said invalidated a Trump-era rule...
Alaska Wary of ‘California Style’ Blackouts; Study Assesses Global Hailstorm Trends April 1, 2021 By Don Jergler Alaska could face “California-style” blackouts as climate change increases the state’s wildfire risk. That’s according to an article this week...