Banks Seeking New Protections in Wake of Citigroup’s $900M Mistake March 3, 2021 By Katherine Doherty and Lisa Lee Wall Street banks are seeking new legal protections to help avoid a repeat of Citigroup Inc.’s accidental $900 million payment...
Alphabet-Backed Startup Insurer Oscar Health Raises $1.2 Billion in IPO March 3, 2021 By Chibuike Oguh Oscar Health Inc., a health insurance startup backed by Google parent Alphabet Inc., sold shares in its initial public offering...
Hiscox Cites Loss on COVID, BI Dispute ‘Brand Damage’; Will Alter Liability, Cyber Books March 3, 2021 By Muvija M British insurer Hiscox reported a big loss for 2020 after a jump in claims from businesses disrupted by the COVID-19...
Many Meatpackers, Other Food Workers Still Waiting for Vaccines March 3, 2021 By Tom Polansek COVID-19 vaccines are making their way into the arms of U.S. meat and agriculture workers, but companies and union officials...
Democratic House Chairs Urge N95 Mask Requirement for Meatpacking Plant Workers March 2, 2021 By Mike Dorning Key Democratic House Committee chairs asked the Biden administration to require N95 air filtration masks to protect against the spread...
PLUS Offers Cyber Liability Insurance Designation March 2, 2021 The Professional Liability Underwriting Society (PLUS) has launched a designation program for cyber liability professionals. The Cyber Professional Liability Practitioner...
Florida’s TypTap Attracts $100M to Expand Nationally in Flood, Homeowners Insurance March 2, 2021 TypTap, a five-year old Florida-based writer of private market homeowners and flood insurance, has attracted $100 million in financing from...
Google to Offer Cyber Insurance From Allianz, Munich Re to Cloud Users March 2, 2021 By Tom Sims Google is teaming up with two global insurers to cover cyber breaches and related risks for businesses that use its...
Supreme Court Justices Question Patent Tribunal’s Constitutionality March 2, 2021 By Andrew Chung U.S. Supreme Court justices on Monday signaled they may rein in the power of in-house judges serving on a U.S....
U.S. Conducting Probe of 1.9M Toyota RAV4s Over Fire Risk March 2, 2021 By David Shepardson U.S. auto safety regulators on Monday said they have opened an investigation into nearly 1.9 million Toyota RAV4 sport-utility vehicles...