Insurers Ink $90 Billion in Merger Deals as They Pursue Post-Coronavirus Clout December 10, 2020 By Lucca de Paoli Insurers pummeled by the pandemic are looking to deals as they race to see who’ll emerge strongest when the outbreak...
U.S. Drug Advisory Panel Meets Today on Pfizer’s COVID Vaccine December 10, 2020 By Manas Mishra and Michael Erman A panel of outside advisers to the U.S. Food and Drug Administration is meeting on Thursday to weigh whether to...
Workers With Second Jobs May Be Factor in Nursing Home COVID Risk: Study December 10, 2020 Nurses and other long-term care workers in nursing homes who hold multiple jobs may be one of the factors contributing...
Supreme Court Hears Shareholder Suit over Fannie Mae, Freddie Mac December 10, 2020 By Lawrence Hurley U.S. Supreme Court justices on Wednesday questioned a bid by shareholders of Fannie Mae and Freddie Mac to pursue legal...
GE Settles with SEC for $200M Over Misleading Power, Insurance Accounting December 10, 2020 By Katanga Johnson and Rajesh Kumar Singh General Electric Co. has agreed to pay a $200 million penalty to settle charges for misleading investors over how it...
CFC Expands Terrorism Offering to Include Active Assailant Coverage December 9, 2020 CFC, a specialist insurance provider specializing in emerging risks, has expanded its suite of terrorism and sabotage insurance products to...
How Young E&S Brokers Are Navigating Today’s Market and Their Careers December 9, 2020 By Andrea Wells Wholesaler brokers of all ages are facing hard market conditions with rising insurance rates, tighter underwriting and fewer carriers willing...
Kaufman, Burns & Wilcox Promote 16 Including Heckman to New Positions December 9, 2020 H.W. Kaufman Group and its wholesale insurance broker subsidiary Burns & Wilcox announced promotions of 16 associates across nine locations...
Middle Market Firms May Be Untapped Telematics Opportunity December 9, 2020 Middle market business owners may be more interested in vehicle telematics insurance products than their agents realize. Approximately 14 percent...
How to Address the Next Uninsurable Pandemic — A Black Swan Event December 9, 2020 By Lucca de Paoli, Katherine Chiglinsky and Benjamin Robertson There aren’t many contexts where $2 trillion seems like a paltry sum. Then a pandemic comes along. The economic fallout...