Guy Carpenter to Research Parametric Solutions in California, Florida December 12, 2024 Guy Carpenter said it is starting a research project to explore the use of parametric insurance solutions in California and...
HUB Survey: Most HNW Clients Say Insurance Is Tough to Find December 12, 2024 Looking ahead, high-net-worth individuals will need to look to alternative risk-transfer solutions and take part in risk mitigation to get...
Kroger’s $24.6 Billion Albertsons Deal Blocked by Judges December 12, 2024 By Leah Nylen and Jaewon Kang A federal judge blocked Kroger Co.’s $24.6 billion acquisition of Albertsons Cos., finding the takeover would lessen competition for US...
Fitch: US P/C Insurers Hold at Neutral for 2025 December 12, 2024 U.S. property/casualty insurers are positioned favorably heading into 2025, Fitch Ratings forecasted in its annual outlook report. Citing “a strong...
US Supreme Court Tosses Case Involving Securities Fraud Suit Against Nvidia December 11, 2024 By John Kruzel The U.S. Supreme Court sidestepped on Wednesday a decision on whether to allow shareholders to proceed with a securities fraud...
US Commercial Lines Prices Up About 6% Again: WTW CLIPS December 11, 2024 Broker WTW said commercial lines insurance rates increased overall by an average of 6.1% during the third quarter 2024. Quarterly...
Krispy Kreme Hack Disrupts Online Ordering, Other Operations December 11, 2024 By Andrew Martin Krispy Kreme Inc. said a cybersecurity incident had disrupted some of its operations, including online ordering in parts of the...
Lawsuit Accuses Major Food Companies of Marketing ‘Addictive’ Food to Kids December 11, 2024 By Brendan Pierson Major food companies, including Kraft Heinz, Mondelez and Coca-Cola, were hit with a new lawsuit in the U.S. on Tuesday...
Quantifying Social Inflation: How Swiss Re Developed an Index December 11, 2024 By Susanne Sclafane Swiss Re Institute (SRI) made a significant contribution to the literature on social inflation and its impacts on insurers, reinsurers...
AI Safety Is Hard to Steer With Science in Flux, US Official Says December 11, 2024 By Jeffrey Dastin Policymakers aiming to recommend safeguards for artificial intelligence are facing a formidable challenge: science that is still evolving. AI developers...