Supreme Court to Decide Future of Workers’ Class Action Suits Against Employers October 2, 2017 By Lawrence Hurley and Robert Iafolla The U.S. Supreme Court kicks off its new nine-month term on Monday with a major employment case that could deprive...
Insuretech Connect Conference in Las Vegas to Go On as Scheduled October 2, 2017 The Insuretech Connect Conference scheduled to open today in Las Vegas at Caesar’s Palace will still be held as planned...
Finance Industry Sues to End U.S. Rule Curbing Forced Arbitration for Consumers October 2, 2017 By Elizabeth Dexheimer A coalition of corporate lobbying groups, led by the U.S. Chamber of Commerce, sued the Consumer Financial Protection Bureau to...
U.S. Regulator Lifts Systemic Risk Tag on Slimmed-Down AIG October 2, 2017 By Jesse Hamilton, Sonali Basak and Katherine Chiglinsky American International Group Inc. is no longer too big to fail. That was the ruling Friday from the Financial Stability...
Court Overturns $663 Million Fraud Judgment Against Guardrail Maker Trinity October 2, 2017 By Margaret Cronin Fisk and Chris Dolmetsch, Bloomberg Trinity Industries Inc. won’t have to pay a $663 million judgment that was awarded in a whistleblower lawsuit alleging the...
New Association for Insurance Agency Networks Forming October 2, 2017 By Andrea Wells An insurance industry lender is among those touting a new association for insurance agency networks. The lender, Live Oak Bancshares...
Puerto Rico Power Outage to Mean More Business Interruption Claims October 1, 2017 By Noor Zainab Hussain and Suzanne Barlyn Puerto Rico’s island-wide power outage will mean a surge in insurance claims for lost business income that will increase the...
Senate Democrats Delete House-Backed Private Flood Insurance Policy Measure September 29, 2017 By Andrew G. Simpson Not long after the House passed legislation that included a provision to allow private flood insurance policies to satisfy flood...
Canada’s Intact Financial Completes OneBeacon Acquisition; Vows to Grow Specialty Insurer September 29, 2017 Intact Financial Corp. said it has completed its acquisition of U.S. specialty insurer OneBeacon Insurance Group from Bermuda-based White Mountains...
Jetty Expands Renters Insurance Product Into 4 Additional States September 29, 2017 Jetty, a financial services company, has expanded its renters products – Jetty Passport Deposit, Jetty Passport Lease, and Jetty Renters...