Companies Caught in Diversity Crossfire Are Frozen by Uncertainty August 1, 2023 By Jeff Green The US Supreme Court’s ruling against affirmative action has sparked a fierce debate over the future of diversity in corporate...
CNA Financial Misses Profit Estimates on Higher P/C Catastrophe Losses July 31, 2023 Insurer CNA Financial missed second-quarter profit estimates on Monday, as wider catastrophe losses in its property and casualty (P&C) segment...
Q2 Net Income Up 23% at The Hartford, Bolstered by Commercial Lines July 31, 2023 The Hartford said second quarter net income was $542 million, an increase of 23% compared with the same period a...
Global Insurance Prices Continue to Moderate in Q2 With Exception of Property: Marsh July 31, 2023 Global commercial insurance pricing rose 3% in the second quarter of 2023, down from 4% in Q1, according to Marsh,...
Ford Recalls 870,000 F-150 Trucks Over Unexpected Parking Brake Activation July 31, 2023 By David Shepardson Ford Motor said Friday it is recalling 870,000 F-150 trucks in the United States because of the risk of an...
J&J Effort to Resolve Talc Lawsuits in Bankruptcy Fails a Second Time July 31, 2023 By Dietrich Knauth A U.S. judge on Friday shot down Johnson & Johnson’s second attempt to resolve tens of thousands of lawsuits over...
Ways to Mitigate Mobile Home Wind Damage Often Ignored, Even as Deaths Rise July 31, 2023 Rolling Fork, Mississippi (AP) — Many were not just killed at home. They were killed by their homes. Angela Eason...
DOJ Asks Supreme Court to Delay Purdue Pharma Bankruptcy Settlement July 31, 2023 By Dietrich Knauth The U.S. Department of Justice on Friday asked the U.S. Supreme Court to stop Purdue Pharma from proceeding with a...
Markets/Coverages: QBE North America, Converge Launch New Cyber Program July 28, 2023 QBE North America and new managing general agency, Converge, teamed up to launch a cyber insurance program, which will be...
Global Natural Disasters Cost Insurers $43B in H1, Surpassing 10-Yr Average: Munich Re July 28, 2023 By L.S. Howard Natural disasters during the first half of 2023 cost insurers an estimated US$43 billion with an overall economic price tag...