Markets/Coverages: AXA XL’s U.S. Mid-Market Insurance Business Expands GL Coverage April 4, 2024 AXA XL’s U.S. Mid-Market insurance business is extending its general liability coverage for mid-sized businesses with its new XL Plus...
Tech Update: Vertafore Delivers Policy Binding in its Personal Lines Rater; Amwins’ Online Marketplace Provides Bindable Quotes From Multiple Carriers April 4, 2024 Vertafore Delivers Policy Binding in Personal Lines Rater Vertafore, headquartered in Denver, launched the industry’s first bind capability within a...
Sanofi to Settle 4,000 Zantac Cancer Lawsuits in US State Courts April 4, 2024 By Dietrich Knauth Sanofi has reached an agreement in principle to settle 4,000 U.S. lawsuits linking the discontinued heartburn drug Zantac to cancer,...
SEC Bribery Unit Probes Technology Companies’ Use of Contractors April 4, 2024 By Sabrina Willmer The US Securities and Exchange Commission is asking publicly traded tech companies about their relationships with distributors and other business...
Nationwide Survey Finds Distracted Driving Still an Issue April 4, 2024 A survey of passenger car and commercial drivers finds that distracted driving is still a significant safety issue, according to...
Markets/Coverages: Munich Re’s HSB Launches Cyber Insurance for Autos April 3, 2024 With millions of connected vehicles on U.S. roads, personal cars and trucks will likely be the next big target for...
Court Approves 3M Settlement Over ‘Forever Chemicals’ in Public Water Systems April 3, 2024 By Jim Salter Chemical manufacturer 3M will begin payments starting in the third quarter to many U.S. public drinking water systems as part...
Microsoft Faulted for ‘Inadequate’ Cyber Practices in US Report April 3, 2024 By Jamie Tarabay A Chinese-state intrusion last year of Microsoft Corp. technology that enabled hackers to gather US officials’ emails “should never have...
Viewpoint: Many Businesses May Be Exposed to Losses From Snow Melt Flooding April 3, 2024 By Richard Coyle Executive summary: Snow melt flooding is an imminent threat in the U.S., but there are steps insurance professionals can take...
Spinnaker Veterans Launch P/C Fronting Carrier With Backing From Bain Capital April 3, 2024 Emerald Bay Risk Solutions has launched as a property/casualty insurance fronting carrier, backed by Bain Capital Insurance and headed by...