Travelers’ Q2 Profit Boosted by Higher Premiums, Lower Catastrophe Losses July 20, 2021 U.S. property and casualty insurer Travelers Cos .Inc. delivered an unusually large beat of second-quarter profit expectations on Tuesday, helped...
Surplus Lines Insurers Report 21.9% Premium Hike in First Half of 2021 July 20, 2021 Surplus lines premium exceeded $24 billion and premium bearing transactions exceeded 2.6 million through the first six months of 2021,...
People Moves: Aon Cyber Appoints Bixby; Guy Carpenter Adds 2 from Willis Re, Zywave Names 3 Senior Leaders July 20, 2021 Hacking Expert Bixby Joins Aon Cyber Solutions Aon has appointed Adam Bixby as the new managing director, Proactive Security leader,...
States Expected to Announce Opioid Deal With Drug Distributors, J&J: Reuters July 20, 2021 By Nate Raymond U.S. state attorneys general and lawyers for local governments are expected on Wednesday to unveil a landmark, $26 billion settlement...
U.S. and Allies Accuse China of Global Cyber Espionage July 20, 2021 By Doina Chiacu and Steve Holland The United States and its allies accused China on Monday of a global cyber espionage campaign, mustering an unusually broad...
S&P Warns of Cyber Risk’s Impact on Insurers’ Credit Ratings July 19, 2021 Cyber risk is becoming increasingly relevant to insurer credit ratings, according to a report from S&P Global Ratings. Overall, S&P...
Two Firms Merging to Capitalize on Embedded Insurance Demand July 19, 2021 Two insurtech managing general agencies plan to merge in an effort to tap into embedded insurance demand for travel and...
Kin Insurance Sees Shark Tank SPAC Deal as Way to ‘Pour Gas on’ Expansion July 19, 2021 By Gillian Tan Kin Insurance Inc., an insurance-technology startup that counts golfer Rory McIlroy among its investors, has agreed to go public through...
U.S. Fights Cyber Attacks by Blacklisting, Sanctioning Russian Tech Firms July 19, 2021 By Karen Freifeld The United States on Friday took a new stab at Russia’s cybersecurity industry, restricting trade with four information technology firms...
Facebook Hits Back Against Biden Team Blaming It for Vaccine Misinformation July 19, 2021 By Joel Schectman and Sarah N. Lynch U.S. Surgeon General Vivek Murthy stood by federal guidance that those fully vaccinated against COVID-19 no longer needed to wear...