Aon announced that Brent Rieth is the new U.S. Practice Leader of the Cyber Solutions Errors and Omissions/Cyber Broking team. Rieth first joined Aon in 2009 as team leader of the E&O/Cyber broking effort for multi-national clients. In December 2018, …
Some victims of childhood sex abuse who are considering suing the Boy Scouts of America face a choice: an anguished rush to meet a deadline earlier than what lawmakers intended, or wait and sue local councils, perhaps putting them at …
For more than a century, New Orleans has depended on canals and pumps to get rid of stormwater in a city where about half the land is below sea level. Now the bustling Mississippi River port that expanded by filling …
Occidental Petroleum Corp. has been sued by investors who claim they suffered billions of dollars of losses because the heavily indebted company concealed its inability to weather plunging oil prices, after paying $35.7 billion to acquire Anadarko Petroleum Corp. The …
As U.S. businesses reopen after weeks of pandemic lockdowns, many have been posting coronavirus disclaimers or requiring employees and patrons to sign waivers before entering. From hair salons and recreation centers to stock exchanges and wedding photographers, the notices have …
The official start of the Atlantic hurricane season on Monday could signal more steep losses for insurers and reinsurers, already battered by the impact of the coronavirus pandemic on their underwriting and investment positions. However, recent years of hefty damage …
“Hurricanes and COVID-19 are not a good mix,” says catastrophe modeling firm Karen Clark & Co., warning in a report that the pandemic will make what forecasters already predict to be an above-average hurricane season even more difficult. KCC highlighted, …
Swiss Re Corporate Solutions (SRCS) has expanded its parametric offering with the launch of HAIL, a parametric hail insurance cover. The new product is designed to protect companies in the United States from the financial impact of a significant hail …
How is the coronavirus pandemic affecting your life and your work? Now and going forward? No matter where you work in the P/C insurance industry, your experience is important. Learn how your experience compares with that of your industry peers …
Big Oil lost a pair of court battles Tuesday that could lead to trials in lawsuits by California cities and counties seeking damages for the impact of climate change. The 9th U.S. Circuit Court of Appeals rejected arguments by energy …
