Viewpoint: Should Insurance Drive Increased Firearm Safety? May 17, 2023 By Patrick Wraight It seems almost weekly there is a story or two in the national headlines addressing gun violence in the U.S.,...
Insurance Journal, Carrier Management & Claims Journal Staffs Win Awards of Excellence May 17, 2023 Wells Media Group publications, online, research and podcasts have won a total of nine 2023 Azbee Awards of Excellence from...
Top Cyber Insurers: 2022 Ranking Reveals Sprinters, Market Share Shifts May 17, 2023 In a year when cyber insurers notched the third-lowest industrywide loss ratio since 2015, and cyber premiums vaulted to $7.2...
Property Insurer SageSure Turns ‘Unicorn’ After $250M Funding Round May 16, 2023 SageSure became a “unicorn” after the U.S. property insurer raised $250 million in its latest funding round, a source familiar...
Low-Tech Cyber Attacks Took Advantage of Fixable Vulnerabilities in 2022: Coalition May 16, 2023 By Chad Hemenway Outdated technology, poor software maintenance, and the dreaded clicking of a malicious link were most to blame for cyber insurance...
Wells Fargo to Pay $1 Billion in Class-Action Lawsuit May 16, 2023 By Robert Burnson Wells Fargo & Co. agreed to pay $1 billion to settle a shareholder lawsuit that accused it of making misleading...
More States Adopting Professional Standards for Public Adjusters May 16, 2023 By Jim Sams A movement to establish professional standards for public adjusters gained ground this year, with lawmakers in five states passing bills...
AM Best: Only Two Impaired Insurers in ’22, Down From 10 in ’21 May 16, 2023 Despite the reversal seen in the U.S. equity market and rising inflation and interest rates, P/C insurers performed well in...
Supreme Court Rejects Teva Challenge to $235 Million GSK Award in Patent Dispute May 16, 2023 By Blake Brittain The U.S. Supreme Court on Monday declined to hear Teva Pharmaceuticals USA Inc’s challenge to a $235 million award to...
Elon Musk Loses Bid to End SEC ‘Muzzle’ Over Tweets May 16, 2023 By Jonathan Stempel A federal appeals court on Monday rejected Elon Musk’s bid to modify or end his 2018 securities fraud settlement with...