Insurance Journal Announces New Online Charity Portal April 19, 2022 Today Insurance Journal has announced the launch of a new portal highlighting charitable stories in the insurance industry. What was...
Insurer Travelers’ Profit Beats on Lower Catastrophe Losses April 19, 2022 By Noor Zainab Hussain Property and casualty insurer Travelers Companies Inc. reported a 48% jump in quarterly profit that beat analysts’ estimates on Tuesday,...
U.S. Ties North Korean Hacker Group Lazarus to Huge Cryptocurrency Theft April 19, 2022 By Raphael Satter and Daphne Psaledakis The United States has linked North Korean hackers to the theft of hundreds of millions of dollars’ worth of cryptocurrency...
U.S. Will No Longer Enforce Mask Mandate on Airplanes, Trains After Court Ruling April 19, 2022 By David Shepardson, Mike Stone and Rajesh Kumar Singh The Biden administration will no longer enforce a U.S. mask mandate on public transportation, after a federal judge in Florida...
Natural Disasters Cost Global Economy $32B in Q1, With Only $14B Insured: Aon April 18, 2022 By L.S. Howard Preliminary economic losses from natural hazards billion during the first quarter of 2022 totaled $32, of which less than 50%...
Markets/Coverages: Brownyard’s Library Program; Core Specialty’s Equine Unit; Skyward’s Cannabis Bonds; Roamly’s Travel April 18, 2022 Brownyard’s ‘By The Cover’ Now 15 Additional States New York-based program administrator Brownyard Group announced that its By The Cover,...
How Warren Buffett Does a Deal: Alleghany Merger Backstory April 18, 2022 By Susanne Sclafane Berkshire Hathaway didn’t require Alleghany to pay any breakup fee in the event another potential acquirer topped an $11.6 billion...
Infowars Files for Bankruptcy Amid Sandy Hook Lawsuits April 18, 2022 By Jeremy Hill and Rachel Butt Companies owned by far-right radio host Alex Jones filed for bankruptcy after being hit by a flurry of lawsuits. Three...
Amazon CEO Jassy Says He Wants to Improve Warehouse Safety April 18, 2022 In his first letter to Amazon shareholders, CEO Andy Jassy offered a defense of the wages and benefits the company...
Future Liability Releases at Center of Boy Scouts Bankruptcy April 18, 2022 By Randall Chase Protecting local Boy Scouts of America councils and troop sponsoring organizations from future liability for child sex abuse claims is...