Investors Are Increasingly Interested in a Novel Type of Weather Insurance April 30, 2024 By Coco Liu Interest in startups trying to shake up the insurance industry is on the rise as weather catastrophes worsen. The latest...
People Moves: WTW Appoints deLaricheliere to FIPS Leadership Role; Risk Strategies Names Heron National Real Estate Practice Leader April 30, 2024 WTW Appoints deLaricheliere to Leadership Role Within Financial Institutions and Professional Services WTW, headquartered in London, appointed Alex deLaricheliere as...
Growing Progressive Set to Hire 10,000+ in Claims, IT, Other Roles April 30, 2024 Progressive Insurance isn’t just growing the number of policies it writes but aims to hire thousands to support several years...
US to Require New Cars to Have Emergency Braking Systems by 2029 April 30, 2024 By David Shepardson Nearly all new passenger cars and trucks sold in the United States will be required to have automatic emergency braking...
Williams-Sonoma Must Pay Nearly $3.2M for Violating ‘Made in USA’ Order April 29, 2024 Home products retailer Williams-Sonoma will have to pay almost $3.2 million for violating a Federal Trade Commission “Made in USA”...
Hartford Q1 Income Up 41% on Commercial Lines as Auto Results Improve April 29, 2024 By Chad Hemenway The Hartford CEO Christopher Swift told analysts late last week that the insurer’s first quarter results included “progress toward restoring...
Supreme Court Won’t Hear Elon Musk Dispute Over SEC Settlement April 29, 2024 By John Kruzel The U.S. Supreme Court declined on Monday to hear Elon Musk’s bid to throw out part of a securities fraud...
Markets/Coverages: Marsh Expands Cyber Facility ECHO, Offering Up to $125M of Excess Insurance Capacity April 29, 2024 Marsh, the insurance brokerage business of Marsh McLennan, announced an additional $25 million layer of capacity to its existing $100...
Tests Show Pasteurized Milk Safe as Bird Flu Spreads April 29, 2024 By Julie Steenhuysen and Tom Polansek Additional tests of milk showed that pasteurization killed the bird flu virus, federal health officials said on Friday, as Colorado...
30% of Business Leaders Say Global Political Risk Is Their Biggest Threat April 29, 2024 By Jahna Jacobson Sixty-five percent of North American business leaders fear this election year will impact their ability to trade internationally, with 32%...