Actuaries: Social Inflation Increased Commercial Auto Claim Costs by $20B Over 10 Years February 24, 2022 By Jim Sams The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of...
Dakota Access Pipeline Loses Supreme Court Appeal, Leaving Its Future Unclear February 23, 2022 By Greg Stohr The U.S. Supreme Court rejected an appeal by Energy Transfer LP’s Dakota Access Pipeline, letting stand a ruling that required...
U.S. Supreme Court Takes Up Clash Between Religion and LGBT Rights February 23, 2022 By Lawrence Hurley The U.S. Supreme Court on Tuesday took up a major new legal fight pitting religious beliefs against LGBT rights, agreeing...
Travelers Acquires Tech Assets of Insurtech Trōv for Personal Insurance February 23, 2022 Trōv, an early insurtech that started life as a creator of micro-duration policies and evolved into an embedded insurance specialist,...
Cyber Market Primed to Grow and Eclipse Property by 2040: Gallagher Re February 23, 2022 By Chad Hemenway Following a pause to stabilize the vessel, the cyber market is poised for a wave of growth that could make...
Agency’s Specialty Portfolio Often Fragmented by Working With Multiple Carriers February 23, 2022 The Hanover Insurance Group recently released its State of Specialty Insurance Report, which highlights the risks of fragmentation in the...
ESG Litigation Over Social Issues Is Poised to Rise February 23, 2022 By Saijel Kishan Climate-related lawsuits like those filed against energy companies Exxon Mobil Corp., Shell Plc and PG&E Corp. have dominated ESG litigation...
J&J Unit Proposes Independent Exam If It Remains in Bankruptcy February 23, 2022 By Dietrich Knauth, Tom Hals and Mike Spector A Johnson & Johnson subsidiary proposed on Friday that it would submit to an independent examination of the corporate restructuring...
U.S. Soccer to Pay $24 Million to End Women’s Equal-Pay Suit February 22, 2022 By Tina Davis U.S. Soccer has reached a $24 million agreement with the women’s national team to settle allegations that females were paid...
Only 3% of Employees Want to Return Full-Time to Their Offices: Survey February 22, 2022 By William Shaw Just 3% of white collar workers want to return to the office five days a week, according to a poll...