Sacklers: Purdue’s ‘Moral Responsibility’ to Pay for Opioid Crisis Tied to Liability Shield August 18, 2021 By Maria Chutchian A member of the Sackler family that owns Purdue Pharma testified on Tuesday that his family bears a “moral responsibility”...
Hacking, But Make It Ethical: How ‘The Good Guys’ Are Boosting Cybersecurity August 18, 2021 By Elizabeth Blosfield Sometimes, real life can be like the movies. At least, that’s according to two ethical hackers in this episode of...
Insurtech VOOM, Markel Offering Mileage-Based Motorcycle Insurance August 17, 2021 Mobility insurtech VOOM and specialty insurer Markel have teamed up to launch a per-mile insurance offering for motorcycles in select...
People Moves: Chubb’s Kocsondy Joins Beazley Cyber; Ames & Gough Adds Martin; WTW’s Kinzer Moves to Zurich Construction; AXA XL Adds 4 to Pollution Team August 17, 2021 Beazley Appoints Chubb’s Kocsondy as U.S. Cyber & Tech Chief Specialist insurer Beazley has appointed Patricia Kocsondy as head of...
Agencies Ride Commercial Prices, Reopened Economy to Record Organic Growth August 17, 2021 Buoyed by the hard market and rebounding economy, Independent insurance agents and brokers grew overall by 7.1% in the second...
Why Snow, Hail and Wildfire Are Expensive for Insurance Industry August 17, 2021 By Leslie Kaufman If you’re having trouble wrapping your mind around the spree of natural catastrophes currently plaguing the world—from deadly July floods...
Court Revives 6,000 Lawsuits Against 3M Over Surgical Device August 17, 2021 By Brendan Pierson A federal appeals court on Monday revived nearly 6,000 lawsuits alleging that a widely used device produced by 3M Co....
Bayer Asks Supreme Court to Reverse Roundup Cancer Claim Verdict August 17, 2021 By Ludwig Burger Bayer, trying to contain billions of dollars in legal costs, filed a petition with the U.S. Supreme Court to reverse...
Ryan Specialty Group Reports It Suffered Cyber Breach in April August 16, 2021 Newly public brokerage firm Ryan Specialty Group reported today on a data security incident that happened in April. The firm...
Safety Agency Has Begun Probe Into Tesla Autopilot August 16, 2021 By David Shepardson and Hyunjoo Jin U.S. auto safety regulators said Monday they had opened a formal safety probe into Tesla Inc.’s driver assistance system Autopilot...