Conning: Embedded Insurance Market Could Exceed $70B in Premium by 2030 January 26, 2023 By Elizabeth Blosfield Embedded insurance – a concept in which insurance is wrapped into the purchase of a product at the point of...
Shareholders Can Sue McDonald’s Ex-Executive in Landmark Ruling January 26, 2023 By Tom Hals Shareholders can sue McDonald Corp’s former global chief people officer for the damage they claim he caused to the restaurant...
FBI Says N. Korea-Related Hacker Group Behind Crypto Firm Heist January 25, 2023 A hacker group associated with North Korea, the Lazarus Group, also known as APT38, was responsible for the theft last...
Report Says Social Inflation Adds Up to 11% to Physician Malpractice Claims January 25, 2023 By Jim Sams Social inflation accounts for 8% to 11% of all medical malpractice losses for carriers that insure physicians, according to an...
A Class-Action Wave Is Coming for ESG Claims January 25, 2023 By Tim Quinson Lawyers are bracing for an increase in ESG-related cases as corporate disclosure requirements stiffen around the world. A survey by...
Markets/Coverages: kWh Analytics, Aspen Partner on Property for Renewables; Hub Starts People & Tech Consulting; DUAL New Fine Art Program January 25, 2023 kWh Analytics, Aspen Partner on Property Insurance for Renewables kWh Analytics, a leader in climate insurance, announced the launch of...
FDA Proposes New Limits on Lead in Baby Foods January 25, 2023 The U.S. Food and Drug Administration on Tuesday announced new guidance to reduce exposure to lead in processed baby foods....
US Targets Google’s Online Ad Business Monopoly in Latest Big Tech Lawsuit January 25, 2023 By Diane Bartz and David Shepardson The US Justice Department accused Alphabet Inc’s Google on Tuesday of abusing its dominance in digital advertising, threatening to dismantle...
Climate Is Forcing the Most Risk-Aware Industry to Reinvent Itself January 25, 2023 By Akshat Rathi When it comes to climate impacts, the frontline of the finance industry is insurance. Last year’s payout from damages caused...
Auto Insurance Shopping – and Switching – Increases January 24, 2023 By Chad Hemenway Drivers are not only shopping around for auto insurance more than ever, they are switching carriers. According to a quarterly...