Norfolk Southern Estimates That Ohio Derailment Cost $387M April 27, 2023 By Josh Funk Norfolk Southern expects February’s fiery Ohio derailment to cost it $387 million, but that total will likely increase over time...
Q1 2023 M&A Transactions Lowest Since 2019 April 27, 2023 By Jahna Jacobson This year’s first-quarter insurance agency mergers and acquisitions were down to the lowest total since Q1 2019, according to a...
A Record Start to the 2023 U.S. Tornado Season April 27, 2023 By James Cosgrove and Steve Drews The U.S. has experienced a record number of tornadoes in the first three months of 2023 according to preliminary data...
Cybersecurity Fail: Top 10 Passwords Used by the Insurance Industry April 27, 2023 Despite cybersecurity experts’ repeated warnings, the insurance sector, along with other industries, is not doing a great job when it...
Uber Drivers Are Not Interstate Workers Exempt From Arbitration, Court Rules April 26, 2023 By Daniel Wiessner Uber Technologies Inc drivers are not exempt from a U.S. law requiring them to bring work-related legal disputes in private...
Jury Finds Deutsche Bank Liable for $95 Million in International Ponzi Scheme Suit April 26, 2023 By William Rabb A south Florida jury has found Deutsche Bank liable for failing to flag a Ponzi scheme that allegedly forced several...
People Moves: QBE Nabs Davis From Beazley to Head Cyber; Dhillon Head of Markel’s Catastrophe, Exposure Management April 26, 2023 QBE Names Davis to Newly Created Position: Global Head of Cyber QBE Insurance Group Limited has appointed Serene Davis to...
Distracted Driving: A Fatal Problem with Seemingly Simple Solutions April 26, 2023 By Jahna Jacobson In 2021, distracted driving killed 3,522 people. April is Distracted Driving Awareness Month, and statistics show that distracted driving has...
Catastrophe Losses Hinder Chubb Q1 Net Income April 26, 2023 By Chad Hemenway First quarter net income at Chubb Ltd. fell several percentage points to about $1.9 billion as catastrophe losses evened gains...
Crypto Must End Anonymity for Illicit Finance, U.S. Regulator Says April 26, 2023 By Huw Jones Anonymity is allowing crypto assets to finance illegal activities, a top U.S. regulatory official said on Tuesday, posing national security...