Nationwide Expands Use of Leak Sensors for Homeowners March 16, 2022 Nationwide Insurance has become the latest large insurer to expand its use of leak-detection and other sensors for homeowners, offering...
CAS Releases Reports on Race and Insurance Pricing March 15, 2022 The Casualty Actuarial Society (CAS) has started to release multiple reports on racial bias in insurance pricing. “The CAS is...
Trial Set to Consider Approval of Boy Scouts Bankruptcy Plan March 15, 2022 By Randall Chase More than two years after the Boy Scouts of America sought bankruptcy protection amid an onslaught of child sex abuse...
People Moves: IOA Names 6 Regional Execs; DeFelice Heads Aon’s U.S. Construction; Stephens Named Cyber Leader at Allianz March 15, 2022 Insurance Office of America Names 6 Regional Executives Insurance Office of America (IOA) is pleased to announce the appointment of...
Cowbell Cyber Raises $100M in Latest Series B Funding March 15, 2022 By Elizabeth Blosfield Cowbell Cyber, a provider of cyber insurance for small and medium-sized enterprises (SMEs), secured $100 million in capital in its...
Berkshire Hathaway Stock Price Reaches $500,000 in Unsettled Market March 15, 2022 By Jonathan Stempel The share price of Warren Buffett’s Berkshire Hathaway Inc. reached $500,000 for the first time on Monday, reflecting the company’s...
WTW Is Latest Big Insurance Broker to Withdraw From Russia March 14, 2022 Global insurance broker Willis Towers Watson (WTW) announced on Sunday that it will withdraw from all of its businesses in...
U.S. Issues New Safety Rule Governing Driverless Vehicles March 14, 2022 By Andrew G. Simpson The Biden Administration has issued a final rule intended to ensure safety of occupants in automated vehicles. This rule updates...
Berkshire Rejects Calls to Replace Buffett, Boost Climate Reporting, Improve Diversity March 14, 2022 By Jonathan Stempel Berkshire Hathaway Inc. on Friday urged the rejection of four shareholder proposals recommending that it replace Warren Buffett as chairman,...
Markets/Coverages: IMA Creates Metaverse Insurance R&D Lab; Appalachian’s Workers’ Comp Teams With Slice; Blockdaemon Debuts Blockchain Policy March 14, 2022 IMA Financial Unveils the Metaverse’s First Insurance Research & Development Facility Financial services firm IMA Financial Group said it has...