SpaceX Accused of Sexual Harassment as Fight With Ex-Employees Intensifies February 6, 2024 By Josh Eidelson and Loren Grush Executives at Elon Musk’s SpaceX discriminated against women, joked about sexual harassment and fired workers for raising concerns, seven former...
Markets/Coverages: Amwins Underwriting, Lancer Partner on Trucking Programs February 6, 2024 Amwins Underwriting recently said it has partnered with Lancer Insurance Company, the commercial auto division of Core Specialty, for a...
Bank Groups Sue US Regulators to Halt Anti-Redlining Rules February 6, 2024 By Sally Bakewell Several industry groups sued US regulators to block recent overhauls to the Community Reinvestment Act, arguing the new rules meant...
Viewpoint: 5 Global Insurance Trends You Need to Know About in 2024 February 6, 2024 By Simone Grimes In the insurance world, 2024 brings forth many challenges and transformative trends. From the escalating global risks, such as climate...
US Appeals Court Finds Bayer Not Shielded From Roundup Lawsuits February 6, 2024 By Brendan Pierson A U.S. appeals court on Monday refused to dismiss a Georgia doctor’s lawsuit claiming that Bayer AG’s Roundup weedkiller caused...
Tesla Runs Afoul of Font-Size Rule in 2.2 Million Electric Cars February 5, 2024 By Craig Trudell Tesla drivers no longer have to squint to read the warning lights in their electric vehicles, thanks to eagle-eyed auditors...
Marsh: US Commercial Lines Rates Up 3% in Q4 2023 February 5, 2024 By Chad Hemenway Broker Marsh said the composite rate change at renewal for U.S. commercial lines was up 3% in the fourth quarter...
EquiLend Restores Some Services After Cybersecurity Incident February 5, 2024 Fintech firm EquiLend said on Friday some services, including trading and post-trading solutions, had been restored, more than a week...
Report: Top AI Trends for Insurers in 2024 Include Claims, Other Insurance Processes February 5, 2024 Insurers are prepared for artificial intelligence to move beyond task automation and machine learning to advanced uses in 2024, a...
Hedge Funds’ Mega Returns Set Off Demand Spiral for Catastrophe Bonds February 5, 2024 By Sheryl Tian Tong Lee and Gautam Naik As hedge funds rake in record profits in one of the riskiest corners of the debt market, the products behind...