More Insurer Partnerships, Tech Investments, Divestitures to Come in 2021, Says Bain February 23, 2021 Insurers in 2021 will be doubling down on streamlining, reinforcing their core businesses and updating technology, and mergers and acquisitions...
Facebook Employee Called Inflated Ad Metrics ‘Deeply Wrong’ February 23, 2021 By Peter Blumberg Facebook Inc. internal emails made public in court reveal an employee’s concerns the company misrepresented advertisers’ estimated audience, calling the...
U.S. Fraud Crackdown Eroding Private Equity’s Liability Shield February 23, 2021 By Sabrina Willmer Insiders said one company pushed unnecessary pain medication to the U.S. military; another promoted an unproven treatment for children with...
Arch to Back Coalition Cyber Insurance Programs with Long-Term Capacity February 23, 2021 Arch Insurance North America and Coalition have formed a multi-year partnership to provide Coalition with long-term capacity for its U.S....
Judge Tosses Wife’s Suit Blaming Employer for Her Husband’s Covid February 22, 2021 By Joel Rosenblatt A federal judge tossed out a first-of-its-kind lawsuit that sought to hold an employer responsible for a worker’s spouse getting...
Federal Flood Insurance Premiums Far From Keeping Up With Expected Losses February 22, 2021 By Andrew G. Simpson If the nearly 4.3 million residential homes (1-4 units) across the country with substantial flood risk were to be insured...
Big I Advantage Promotes Juratovic to Assistant Vice President for E&O February 22, 2021 The Big “I” announced that Amanda H. Juratovic has been promoted to assistant vice president of errors & omissions operations...
Airlines Urged to Ground 777 Jets After United Falling Debris Incident February 22, 2021 By Jamie Freed and David Shepardson Boeing Co. urged airlines to suspend the use of 777 jets with the same type of engine that shed debris...
Risks of Business Failures ‘Remain Considerable,’ Says Fed February 22, 2021 By Howard Schneider The risks of ongoing business failures in the United States “remain considerable” even as the economy emerges from the coronavirus...
Insurers Seek to Question Abuse Claimants, Lawyers in Boy Scouts Bankruptcy February 22, 2021 By Randall Chase The judge presiding over the Boys Scout of America bankruptcy is weighing a request by insurance companies for permission to...