Chubb CEO Greenberg Stresses Need to Address Ransomware and ‘Systemic’ Cyber Risk July 29, 2021 By Mark Hollmer Chubb Chairman and CEO Evan Greenberg is doubling down against outlawing ransomware payments to address the the growing threat of...
The Hanover Enhances Product Suites for Lawyers, Healthcare Facilities July 29, 2021 The Hanover Insurance Group Inc. said it has enhanced its product suites for lawyers and healthcare facilities. The Hanover Lawyers...
Fitch Sees No Ratings Change, ‘Modest Benefit’ for Liberty Mutual in State Auto Buy July 29, 2021 Fitch Ratings said it does not expect Liberty Mutual Holding Co. Inc.’s ratings to be impacted by its planned acquisition...
Insurtech Agentero to Expand Digital Network for Agents After Raising $13.5M July 29, 2021 Agentero raised $13.5 million in new financing designed to boost and help expand its digital insurance network for agents. The...
Congressional Committee Asks J&J For Details on Talcum Liability Bankruptcy Plans July 29, 2021 By Jessica DiNapoli and Dan Levine A U.S. congressional panel has asked Johnson & Johnson to provide it all documents related to the company’s plans to...
P/C Insurers’ Boost Net Income But Extreme Weather Hurts Underwriting in Q1 July 29, 2021 Private property/casualty insurers in the U.S. saw their net income after taxes increase significantly in the first quarter to $20...
Scientists Call for Urgent Climate Change Action, Citing ‘Tipping Point’ July 29, 2021 By Don Jergler The California Climate Insurance Working Group has released 40 state and local policy recommendations focused on reducing damage and improving...
Chubb Is ‘Firing On All Cylinders,’ Says CEO Greenberg After Record Results for Q2 July 28, 2021 Chubb released positive second quarter results, driven by gains in its commercial property/casualty business and related rate hikes in the...
States Braced for a Wave of COVID Lawsuits. It Never Arrived. July 28, 2021 By Elaine S. Povich In a legislative flurry, 30 states instituted liability protections in late 2020 and early 2021 designed to protect businesses from...
Businesses Show They’re in No Rush to Resume Busy Travel Schedules July 28, 2021 By David Koenig Of the 2 million people clogging airport security lines and gate areas again each day, one crowd is still largely...