EagleView and Verisk Agree to End Litigation; EagleView’s Patents Affirmed November 8, 2021 By Andrew G. Simpson Insurance technology firms EagleView and Verisk have patched up their differences and are vowing to move ahead “enabling joint innovation.”...
People Moves: Pancoast Moves to Ironshore E&S; PwC’s Coggins Leads Actuaries; McLean Joins Lockton from Willis November 8, 2021 Pancoast to Head Ironshore’s E&S Primary Casualty Adam Pancoast has been named to lead the excess and surplus Primary Casualty...
Justice Department to Escalate Fight Against Cybercrime, Ransomware: Interview November 8, 2021 By Eric Tucker The Justice Department is stepping up actions to combat ransomware and cybercrime through arrests and other actions, its No. 2...
Berkshire Hathaway Insurance Losses Continued in Q3 on Catastrophes, Pandemic November 8, 2021 Overall net income fell at giant Berkshire Hathaway in the third quarter from $30.1 billion a year ago to $10.3...
Boeing Directors Reach $237.5M Settlement of Shareholders’ 737 MAX Safety Lawsuit November 8, 2021 By David Shepardson Boeing Co. current and former company directors have reached a $237.5 million proposed settlement with shareholders to settle a lawsuit...
SolarWinds Investors Suit Alleges Board Knew About Cyber Risks November 8, 2021 By Jody Godoy SolarWinds Corp. investors have sued the software company’s directors, alleging they knew about and failed to monitor cybersecurity risks to...
Court Stays OSHA’s COVID Vaccine Mandate on Business With 100+ Employees November 7, 2021 NEW ORLEANS — A federal appeals court on Saturday temporarily halted the Biden administration’s vaccine requirement for businesses with 100...
AIG’s Strong Q3 ‘Validates Strategy,’ Says CEO Zaffino November 5, 2021 American International Group’s General Insurance, or property/casualty business, saw double-digit premium growth and substantially higher net income in Q3 along...
Boeing Shareholders Near Settlement Over 737 Safety Oversight: Reuters November 5, 2021 By David Shepardson and Eric M. Johnson Boeing Co. investors have reached an agreement with current and former company officers to settle a lawsuit over the safety...
Why Millions Have Left Workforce During Pandemic November 5, 2021 Approximately five million people in the U.S. are unemployed or have left the workforce since the pandemic began, and it...