January Renewals See Hardest Property Catastrophe Reinsurance Rates in Generation January 4, 2023 By L.S. Howard A convergence of global events has led to the hardest property-catastrophe reinsurance market in a generation and a “complex,” “grueling”...
Starbucks Illegally Terminated Union Leader, U.S. Officials Say January 4, 2023 By Josh Eidelson US labor board prosecutors have concluded that Starbucks Corp. illegally forced out a New York barista who has been a...
People Moves: Bailey Joins AIG as Global Head of Distribution and Field Operations January 4, 2023 American International Group (AIG) named Don Bailey as global head of distribution and field operations. He joins AIG from Bristlecone...
Banks Should Be More Cautious on Crypto Contagion Risks, U.S. Regulators Warn January 4, 2023 By Hannah Lang Banks should be more careful about the risks of fraud, legal uncertainty and misleading disclosures by crypto firms, U.S. regulators...
Santiago Named RIMS 2023 President January 3, 2023 RIMS today announced that Jennifer Santiago will lead the Society as president for the 2023 term, effective January 1. Santiago...
Southwest Airlines Is Sued for Not Providing Refunds After Meltdown January 3, 2023 By Jonathan Stempel Southwest Airlines has been sued by a passenger who said it failed to provide refunds to passengers left stranded when...
Bankruptcy Court Approves $121M Clergy Abuse Settlement January 3, 2023 A federal bankruptcy judge approved a $121 million reorganization plan for one of the oldest Roman Catholic dioceses in the...
Cyber Insurance Themes to Look Out for in 2023 January 3, 2023 By Oliver Brew, Lockton Re As the Roman God Janus (for which of course the month January takes its name) reflects both looking backwards and...
Banks Seek to Quash Women’s Lawsuits in Jeffrey Epstein Case January 3, 2023 Deutsche Bank and JPMorgan Chase are asking a federal court to throw out lawsuits that claim the big banks should...
U.S. Sues AmerisourceBergen, Says Distributor Helped Ignite Opioid Epidemic January 3, 2023 By Jonathan Stempel, Nate Raymond and Gram Slattery The U.S. government filed a lawsuit accusing AmerisourceBergen Corp., one of the nation’s largest drug distributors, of helping ignite the...