Total Pandemic Losses for P/C Insurers Will Take Years to Determine: Fitch March 10, 2021 By Fitch Ratings Incurred pandemic losses for U.S. property/casualty insurers increased only modestly in fourth quarter of 2020 from earlier quarters in the...
China’s Microsoft Hack, Russia’s SolarWinds Attack Threaten to Overwhelm U.S. March 10, 2021 By Ryan Gallagher, Kartikay Mehrotra and Jordan Robertson China’s global attack on Microsoft’s popular email software revealed last week and an equally sprawling Russian attack discovered three months...
E&O-Cyber Incidents Worsened in 2020: Aon March 10, 2021 By Mark Hollmer Aon’s first ever Errors & Omissions/cyber insurance product snapshot presents a pretty dire picture of worsening conditions. There were on...
As States Ease Mask Rules, Essential Workers Worry About Safety and Jobs March 10, 2021 By Leah Willingham, Anne D'Innocenzio and Michael Liedtke Leo Carney worries that bigger crowds and mask-less diners could endanger workers at the Biloxi, Mississippi, seafood restaurant where he...
Worldwide Broker Network Names Beecher Carlson’s Collins as CEO March 9, 2021 The Worldwide Broker Network (WBN), a global network of independent insurance and benefits brokers, has appointed Olga Collins as chief...
One80 Makes Cannabis Buy-in with Cannasure Insurance Services Acquisition March 9, 2021 Cannabis is getting bigger, and now insuring cannabis seems to be a bigger deal, too. The cannabis-focused insurance space can...
Swiss Re Corporate Solutions to Change Legal Structure for North America March 9, 2021 Swiss Re Corporate Solutions announced a plan to streamline the legal entity structure of its North American business. The changes...
Workers’ Compensation Remained Outlier as Commercial Prices Continued Rising in Q4 March 9, 2021 U.S. commercial insurance prices again grew significantly in the fourth quarter of 2020. Again, except for workers’ compensation. According to...
Auto Insurance Shopping Stabilizes, State-Level Competition Intensifies: J.D. Power March 9, 2021 By Tom Super As the country hits the one-year mark of the arrival of COVID-19, auto insurance industry trends are beginning to show...
EEOC Probes Facebook for ‘Systemic’ Racial Bias in Employment Practices: Reuters March 9, 2021 By Paresh Dave A U.S. agency investigating Facebook Inc. for racial bias in hiring and promotions has designated the probe as “systemic,” attorneys...