AIG, Stone Point Capital to Form Independent MGA for High Net Worth Business February 14, 2023 Following through on intentions to move its high net worth business to nonadmitted paper—and some to other capital providers—American International...
Actions vs. Talk: Is the Insurance Industry Coming Through on DEI Commitments? February 14, 2023 By Chad Hemenway Though the last five years have included events – specifically the murder of George Floyd – that prompted many company...
Alcon to Pay Johnson & Johnson $199M to Settle Eye-Laser Cases February 13, 2023 By Blake Brittain Alcon Vision will pay Johnson & Johnson’s Surgical Vision Inc $199 million to settle legal battles over intellectual property related...
US, UK Sanction Russians Tied to TrickBot Hacking Gang February 13, 2023 By Katrina Manson The US and UK have imposed sanctions on seven alleged members of a Russia-based cybercrime gang, the first such joint...
Appeals Arguments Begin in Boy Scouts of America Bankruptcy February 13, 2023 By Randall Chase An attorney for some insurance companies that could be liable for child sexual abuse claims against the Boy Scouts of...
Liberty Mutual Launches Global Cyber Office to Better Manage Complex Cyber Risks February 13, 2023 Liberty Mutual Insurance announced the formation of a Global Risk Solutions (GRS) Global Cyber Office and the appointment of a...
As ChatGPT’s Popularity Explodes, U.S. Lawmakers Take an Interest February 13, 2023 By Diane Bartz ChatGPT, a fast-growing artificial intelligence program, has drawn praise for its ability to write answers quickly to a wide range...
Viewpoint: Used-Vehicle Prices May Be Cresting but Insurers Still Underwater February 13, 2023 By Marty Ellingsworth “It was the best of times, it was the worst of times” would be an apt description of the last...
Car-Data Firms Flop as Automakers See Dollar Signs in Software February 13, 2023 By Gabrielle Coppola Auto companies promising billions in new software revenue by the end of the decade have been hiring engineers left and...
Judge Rejects Family Members’ Bid to Reopen Boeing 737 MAX Plea Deal February 10, 2023 By David Shepardson A U.S. judge in Texas late on Thursday denied a legal bid by families of the victims of two Boeing...