State Regulators Need to Improve ‘Fragmented’ Efforts to Assess Insurers’ Climate Risks: FIO June 28, 2023 By Chad Hemenway The Federal Insurance Office (FIO) has released a new report analyzing climate-related issues and gaps in U.S. insurance supervision and...
Oil-Field Lawsuit Offers Rare Insight Into Harassment Complaints June 28, 2023 By David Wethe A lawsuit set for trial in July against the world’s largest provider of drilling services will offer rare public testimony...
Regulatory Weaknesses, Politics Driving Marketplace Exits, Industry CEOs Say June 28, 2023 By Susanne Sclafane A trio of property/casualty carrier executives voluntarily offered their views on a growing insurance availability crisis in a state like...
Siemens and UCLA Say Data Compromised in MOVEit Data Breach June 27, 2023 By Christoph Steitz and Raphael Satter Siemens Energy and the University of California, Los Angeles (UCLA) said on Tuesday they were among victims of the MOVEit...
American Financial Group Names Berding President June 27, 2023 American Financial Group, Inc. said John B. Berding has been elected president of AFG, effective immediately. Berding will continue to...
How the Insurance Universe Deals With Evolving Risks and Dispositions June 27, 2023 Insurers have come a long way on climate change, but they have a long way to get where we need...
JPMorgan Chase $290M Settlement With Epstein Accusers Wins Preliminary Approval June 27, 2023 A U.S. judge on Monday granted preliminary approval to JPMorgan Chase’s $290 million settlement with women who said Jeffrey Epstein...
J&J’s $8.9 Billion Talc Settlement Faces Bankruptcy Test June 27, 2023 By Dietrich Knauth Johnson & Johnson’s proposed $8.9 billion settlement of thousands of lawsuits alleging that its talc products cause cancer faces a...
Publishers Clearing House Settles for $18.5 Million for Misleading Consumers June 27, 2023 By Diane Bartz Publishers Clearing House (PCH), which offers sweepstakes where people can win thousands of dollars per week for life, has agreed...
Sub Disaster Puts Spotlight on Another Extreme Venture: Space Tourism June 27, 2023 Commercial space travel shares plenty of similarities with deep sea tourism: wealthy customers, tight spaces, far-flung destinations and waivers that...