Federal Law Likely Overrides Texas Ban on Vaccine Mandates October 13, 2021 By Tom Hals Texas Governor Greg Abbott’s ban on COVID-19 vaccine mandates will likely be superseded by the Biden administration plan to require...
Top 10 P/C Insurance Market Conduct Issues October 13, 2021 The U.S. insurance industry’s top compliance shortcomings relate to claims handling noncompliance, including timeliness, required disclosures, payments and grievance and...
Howden’s DUAL Acquires Align Financial; Sweeney, Johnson to Lead; O’Connor Exits October 12, 2021 London-based DUAL, the underwriting arm of Howden Group Holdings, reports it has completed the acquisition of Align Financial Holdings that...
U.S. Property Insurers Could be Facing $12.5B in Hidden Cyber Losses October 12, 2021 The U.S. property insurance market is accumulating cyber exposures that could result in $12.5 billion in non-physical damage losses and...
U.S. Has Had 18 Weather Events Each With $1 Billion Losses Thus Far in 2021 October 12, 2021 Through the end of September, there have been 18 weather and climate disaster events with losses exceeding $1 billion each...
Potentially ‘Massive’ Litigation Over Recalled Philips Sleep Apnea Devices Advances October 12, 2021 By Jef Feeley Royal Philips NV will face more than 100 U.S. lawsuits gathered in a Pennsylvania court over its recall of more...
Government Can and Should Help Reduce Cyber-Security Risks: ITC Highlights October 12, 2021 By Mark Hollmer It’s no secret that cyber insurance rates keep rising into the stratosphere. But the U.S. government can take specific actions...
Pentagon Ex-Software Chief Claims China Has Already Won AI Battle October 12, 2021 By Guy Faulconbridge China has won the artificial intelligence battle with the United States and is heading towards global dominance because of its...
Looking to 1918 Pandemic for Clues on Emerging From COVID-19 October 12, 2021 By JULIA FELTON and JEFF HIMLER Karen Baldridge rolled up her sleeve to get her covid-19 booster vaccine. “I’m trying to baby myself and (am) doing...
Southwest Air Pilots Seek to Block COVID-19 Vaccine Mandate October 11, 2021 By Mary Schlangenstein Southwest Airlines Co. pilots asked a court to temporarily block the company from carrying out federally mandated coronavirus vaccinations until...