U.S. Has Had 18 Weather Events Each With $1 Billion Losses Thus Far in 2021 October 12, 2021 Through the end of September, there have been 18 weather and climate disaster events with losses exceeding $1 billion each...
Potentially ‘Massive’ Litigation Over Recalled Philips Sleep Apnea Devices Advances October 12, 2021 By Jef Feeley Royal Philips NV will face more than 100 U.S. lawsuits gathered in a Pennsylvania court over its recall of more...
Government Can and Should Help Reduce Cyber-Security Risks: ITC Highlights October 12, 2021 By Mark Hollmer It’s no secret that cyber insurance rates keep rising into the stratosphere. But the U.S. government can take specific actions...
Pentagon Ex-Software Chief Claims China Has Already Won AI Battle October 12, 2021 By Guy Faulconbridge China has won the artificial intelligence battle with the United States and is heading towards global dominance because of its...
Looking to 1918 Pandemic for Clues on Emerging From COVID-19 October 12, 2021 By JULIA FELTON and JEFF HIMLER Karen Baldridge rolled up her sleeve to get her covid-19 booster vaccine. “I’m trying to baby myself and (am) doing...
Southwest Air Pilots Seek to Block COVID-19 Vaccine Mandate October 11, 2021 By Mary Schlangenstein Southwest Airlines Co. pilots asked a court to temporarily block the company from carrying out federally mandated coronavirus vaccinations until...
Private Equity Firm KKR Names Bae, Nuttall to Succeed Founders as Co-CEOs October 11, 2021 By Chibuike Oguh KKR & Co Inc said on Monday it has elevated its co-presidents Scott Nuttall and Joseph Bae to co-chief executive...
People Moves: TigerRisk Names Harbor Hill Solutions’ Kilduff to Head MGA Business; AXA XL Insurance Promotes Gittler to Lead Cyber & Technology, Americas October 11, 2021 TigerRisk Names Former Harbor Hill Solutions CEO Kilduff to Head MGA Unit TigerRisk Partners LLC, the Stamford, Conn.-based re/insurance broker,...
Tokio Marine Highland Offers Fine Art Insurance Through New Division Led by Fischer October 11, 2021 Tokio Marine Highland, the Chicago-based property and casualty underwriting agency, announced it has launched fine art insurance for personal and...
Chubb CEO Greenberg Says Some Insurtechs Are More About Hype Than Transformation October 11, 2021 By Mark Hollmer Many startups in the insurance world have long promised to transform every aspect of the industry they touch. Speaking recently...