Cyber Insurance Firm Coalition Raises $175M; Plans Commercial Lines Expansion March 17, 2021 By Andrew G. Simpson Coalition, a cyber insurance managing general agency and security company, said it has raised $175 million to accelerate its growth...
Passengers Recall COVID Deaths, Confusion, Quarantine Aboard Cruise Ships March 17, 2021 By Olga R. Rodriguez SAN FRANCISCO (AP) — The last vacation Margrit and Lucio Gonzalez took together began with an ominous delay: a medical...
People Moves: Institutes’ Horowitz; Rizzuto from Travelers to IAT; BHSI Adds AIG’s Freid; Ryan Re Leaders March 17, 2021 By Andrew G. Simpson Horowitz Promoted at The Institutes Katherine Horowitz has been promoted to executive vice president and head of Business Units at...
Female Firefighters Turn to Courts to Fight Gender Discrimination March 17, 2021 By Tom Foreman Jr. WINSTON-SALEM, N.C. (AP) — The highest ranking female firefighter in Asheville, North Carolina, says she was repeatedly discriminated against because...
Ryan Specialty Group Prepares for IPO March 16, 2021 Specialty insurance broker Ryan Specialty Group has filed a proposal with the Securities and Exchange Commission for an initial public...
Purdue Pharma Bankruptcy Plan Proposes Public Trusts to Settle Opioid Lawsuits March 16, 2021 By Maria Chutchian and Mike Spector Purdue Pharma LP filed a bankruptcy plan on Monday that would resolve thousands of opioid lawsuits by restructuring the OxyContin...
Oliver Wyman Predicts COVID Herd Immunity for U.S. by Mid-Summer March 16, 2021 The U.S. will reach herd immunity threshold when more than 71% of the U.S. population has been exposed to COVID...
Marsh & McLennan Drops & March 16, 2021 In what the company acknowledges is a small branding change, professional services and insurance firm Marsh & McLennan has dropped...
Some States Still Weigh Mandating Business Interruption Coverage March 16, 2021 By Andrew G. Simpson Since about a year ago when their business constituents began complaining that their insurance companies were telling them their policies...
Berkshire Hathaway Opposes Climate Change, Diversity Reporting Proposals March 16, 2021 By Jonathan Stempel Warren Buffett’s Berkshire Hathaway Inc. on Monday urged the rejection of shareholder proposals that annual reports be produced about its...