Report: Wildfire Fears at ‘All-Time High’ and Driving Insurer Decisions in Property Market June 12, 2023 By Don Jergler Despite a relatively average 2022 wildfire season, fears of wildfires remain at an “all-time high,” and those fears appear to...
Aon Denied Restraining Order Against Alliant June 12, 2023 By Chad Hemenway In a June 9 ruling, a federal judge denied Aon a temporary restraining order against Alliant Insurance Services related to...
Federal Regulators Promise Safety Review at all the Major Freight Railroads June 12, 2023 By Josh Funk The Federal Railroad Administration recently completed a review of Norfolk Southern’s safety culture in the wake of the February’s fiery...
Democrats on Senate Budget Committee Open Investigation Into Major Insurers June 12, 2023 Democrats on the U.S. Senate Budget Committee launched an investigation on Friday into major insurers’ “support” of new fossil fuel...
JPMorgan Agrees to Pay $290 Million to Settle Epstein Case June 12, 2023 By Hannah Levitt and Ava Benny-Morrison JPMorgan Chase & Co. agreed to pay $290 million to settle a lawsuit alleging it knowingly benefited from former client...
Branch CEO Lekas Announces Layoffs, Cites Inflation, Loss Costs June 12, 2023 By Elizabeth Blosfield Branch Insurance has conducted a round of layoffs, according to a June 8 LinkedIn post by co-founder and CEO Steve...
Bad Press, Claims Issues, Halt on New Business Giving Industry Another Black Eye? June 12, 2023 By William Rabb It’s no secret that the U.S. property/casualty insurance industry does not always enjoy a sterling reputation among consumers. As one...
Judge Rejects 3M Effort to Resolve Earplug Lawsuits in Bankruptcy June 12, 2023 By Dietrich Knauth A U.S. judge on Friday dismissed the bankruptcy of 3M subsidiary Aearo Technologies, rejecting an effort to resolve nearly 260,000...
Coinbase Suit May Finally Send Crypto Debate to Supreme Court June 9, 2023 By Martina Barash and Chris Dolmetsch The SEC’s new lawsuit against Coinbase Global Inc. appears best positioned among cryptocurrency cases to let the US Supreme Court...
Companies Face Less Pressure for Climate and Social Reforms June 9, 2023 By Ross Kerber Shareholder support for proxy resolutions on topics including climate change and workforce diversity dropped significantly this spring, analysts said, as...