Inflation, Loss Severity May Curb Nonstandard Auto Market’s Positive Momentum November 24, 2021 Players in the U.S. nonstandard auto insurance segment may find that return to pre-pandemic norms, with greater loss-cost pressures along...
Two Experts Debunk Some of the Biggest Myths Around Cyber Insurance November 24, 2021 By Elizabeth Blosfield Cyber attacks are continuously evolving, and companies that don’t stay educated about the space could be caught off guard, experts...
Wall Street Faces $22 Trillion Ticking Carbon Time Bomb November 24, 2021 The clock is ticking for banks, insurers and asset managers still providing support to oil, gas and coal producers. It’s...
Ohio Jury Finds Major Pharmacy Chains Fueled Opioid Crisis November 24, 2021 By Jef Feeley A Cleveland jury concluded Walmart Inc., CVS Health Corp. and Walgreens Boots Alliance Inc. helped create a public-health crisis by...
U.S. Gunmakers Claim Mexico’s $10B Lawsuit Shows ‘Clash of National Values’ November 24, 2021 By Nate Raymond Gun makers including Smith & Wesson and Sturm, Ruger & Co. on Monday asked a U.S. judge to dismiss a...
JPMorgan Beats Insurers in Appeal Over $140M Bear Stearns Settlement November 23, 2021 By Jonathan Stempel New York’s highest court ruled on Tuesday that JPMorgan Chase & Co. is entitled to insurance coverage for $140 million...
U.S. Asks Appeals Court to Lift Stay on COVID Vaccine Mandate or Allow Mask Rule November 23, 2021 By Tom Hals The U.S. government asked a federal appeals court to immediately lift a court-ordered stay on a sweeping workplace COVID-19 vaccine...
Renominated Federal Reserve Chair Powell Committed to Addressing Climate Risk November 23, 2021 By Nandita Bose U.S. Federal Reserve Chair Jerome Powell underscored his commitment to putting climate change at the center of the central bank’s...
U.S. Climate Pledge to Be Tested in Senate November 23, 2021 By Ellen Knickmeyer After talking the climate talk at U.N. negotiations in Scotland, the Biden administration now tests whether a divided United States...
Brokers Report Cyber Insurers Requiring Security Steps Along With Higher Premiums November 23, 2021 Insurers are continuing to take a hard line on underwriting and pricing cyber coverage. While commercial lines prices overall rose...