They’re Back! Actuarial Society, Under Pressure, Reinstates Ratemaking Rules May 12, 2021 By Susanne Sclafane Less than a month ago, the prospect that long-held principles of actuarial ratemaking would survive an action by the Casualty...
Aon, Willis Towers Watson to Sell WTW Assets to Gallagher for $3.57 Billion May 12, 2021 Aon plc and Willis Towers Watson have agreed to sell Willis Re and a set of Willis Towers Watson corporate...
$2,300 Phone Call. $1,000 Cab Ride. Purdue Runs Up $400M Bankruptcy Tab. May 12, 2021 By Jeremy Hill and Dawn McCarty One phone call with the Department of Justice: $2,300. Two days at the Ritz-Carlton: $830. Oh, and a lengthy cab...
Insurer American National Group Exploring Options Including Possible Sale -Reuters May 11, 2021 By David French U.S. insurer American National Group Inc. is exploring options that could include a sale of the company, people familiar with...
Ransomware Attack on Colonial Again Shows U.S. Ignores Warning After Warning May 11, 2021 By Brody Ford and Jennifer A. Dlouhy The ransomware attack that shut down the nation’s biggest fuel pipeline prompted an all-too familiar question in the corridors of...
Overtime, Flexibility, Automation Among Challenges in Pandemic Labor Reshuffle May 11, 2021 By Howard Schneider If the coronavirus pandemic produced its own brand of anxiety for American workers trying to stay healthy while balancing job...
Carriers Struggle To Transform Innovation Efforts Into Results: AM Best May 11, 2021 By Susanne Sclafane Although COVID-19 forced many insurers to seek out innovative solutions, most companies still have room for improvement, according to rating...
Highland Insurance Solutions Launches Admitted Builders Risk Coverage May 11, 2021 Managing general agent Highland Insurance Solutions has launched a builders risk product available on admitted paper for construction owners, contractors,...
U.S. Offered No Advice on Whether Colonial Pipeline Should Pay Pay Ransom May 10, 2021 By Nandita Bose and Steve Holland The White House declined to weigh in Monday on whether companies that are hacked like Colonial Pipeline should pay ransom...
Colonial Pipeline Ransomware Attackers Say They Seek Cash, Not Chaos May 10, 2021 By Raphael Satter and Joseph Menn The ransomware gang accused of crippling the leading U.S. fuel pipeline operator said on Monday that it never meant to...