With Federal Legalization Expected, Cannabis Insurers Quietly Get Ready to Roll August 20, 2021 By Alwyn Scott Insurers are quietly gearing up for a potential ten-fold increase in sales to the booming $17.6 billion-a-year cannabis industry as...
Broker Willis Alleges Unlawful ‘Raid’ on Employees, Clients by Competitor Alliant August 19, 2021 By Andrew G. Simpson Insurance brokerage competitors Willis Towers Watson and Alliant Insurance Services are battling in court over what Willis alleges is a...
Biden Administration to Require Nursing Home Employees to Get COVID-19 Vaccine August 19, 2021 By Eric Beech and Nancy Lapid President Joe Biden said on Wednesday his administration will require employees at nursing homes to be vaccinated against COVID-19 as...
States Weighing $26 Billion Opioid Settlement Face Saturday Deadline August 19, 2021 By Nate Raymond U.S. states are racing to meet a deadline to commit to a $26 billion opioid settlement with three drug distributors...
TechAssure Launches Cyber Threat Sharing Community to Fight Ransomware August 19, 2021 By Andrea Wells TechAssure has announced a partnership with RiskAnalytics and ICE Cybersecurity to launch an exclusive cyber insurance option called The ShadowNet...
Insurers Await Judge’s Ruling as Boy Scouts Bankruptcy Hearings End August 19, 2021 By Randall Chase A year and a half after the Boy Scouts of America sought bankruptcy protection amid an onslaught of child sex...
Former Purdue President Sackler Says Family Did Not Contribute to Opioid Epidemic August 19, 2021 By Maria Chutchian Former Purdue Pharma President Richard Sackler said on Wednesday that his family’s reign over the OxyContin maker did not contribute...
Ratings Changes for P/C Insurers Up Moderately, Says AM Best August 18, 2021 The number of credit rating upgrades and downgrades in the U.S. property/casualty (P/C) insurance industry increased in the first half...
CDC Creating New Real-Time Disease Forecasting Center August 18, 2021 By Mrinalika Roy The U.S. Centers for Disease Control and Prevention said on Wednesday it is creating a new disease forecasting center to...
Classic Car Specialist Hagerty to Become Public Company in SPAC Deal August 18, 2021 By Andrew G. Simpson Classic car insurance specialist Hagerty is planning to go public in a deal with special purpose acquisition company Aldel Financial...