Viewpoint: Insurers Face Added Role in Curbing Workplace Violence With California Law April 25, 2024 By Yoni Sherizen New legislation aimed at reducing workplace violence in California vastly increases employers’ responsibilities and hands workers’ compensation insurers an unprecedented...
GM Ends OnStar Driver Safety Program After Privacy Complaints April 25, 2024 By David Welch General Motors Co. has ended its OnStar Smart Driver program after customers complained it violated their privacy. OnStar had cut...
Marsh McLennan Agency to Buy Fisher Brown Bottrell for About $316M April 24, 2024 Marsh McLennan Agency, a subsidiary of Marsh, said it has a definitive agreement to acquire one of the largest agencies...
Berkley CEO: Property E&S Momentum Slows but ‘Some More Hay’ to Be Made April 24, 2024 By Chad Hemenway When it comes to observations of the excess and surplus lines market, there is a difference between the momentum of...
Chamber of Commerce Sues to Block FTC’s Non-Compete Ban April 24, 2024 By Leah Nylen Business groups led by the US Chamber of Commerce sued the Federal Trade Commission Wednesday seeking to block a rule...
Jury Weighing Military Contractor’s Claim of Immunity for Abu Ghraib Abuse April 24, 2024 By Matthew Barakat A lawyer for the military contractor being sued by three survivors of the notorious Abu Ghraib prison in Iraq told...
Jury Awards $80M to 3 Former Zurich NA Employees for Wrongful Termination April 24, 2024 By Chad Hemenway Zurich North America was ordered by a California jury to pay three former employees a total of about $80.2 million...
CEO Viewpoint: Unlocking the Potential of Generative AI in Insurance April 24, 2024 By Arun Balakrishnan Generative artificial intelligence (AI) has sparked a lot of interest from insurers and reinsurers because of its potential to revolutionize...
UnitedHealth Says Hackers Possibly Stole Large Number of Americans’ Data April 24, 2024 By Manas Mishra and Zeba Siddiqui UnitedHealth Group said on Monday that hackers stole health and personal data of potentially a “substantial proportion” of Americans from...
Chubb Records 13.3% Uptick in Q1 Net Income on Underwriting April 23, 2024 By Chad Hemenway Chubb started 2024 off with first quarter net income up 13.3%, compared to the same time a year ago, to...