Reinsurance Demand Rises, Along with Flight to Quality, Say Industry Experts September 28, 2020 By L.S. Howard Not only has reinsurance buying increased, but there also has been a flight to quality reinsurers by ceding insurance companies,...
Alphabet Settles Suit Over Executives’ Exit Pay, Coverups Linked to Sexual Misconduct September 28, 2020 By Munsif Vengattil and Paresh Dave Alphabet Inc. on Friday settled a shareholder lawsuit that accused the Google parent of covering up lavish exit packages to...
D&O Insurers Under Pressure But Big Enough to Handle Pandemic Claims, Says Fitch September 28, 2020 As claims related to the economic fallout from the pandemic emerge in the U.S. directors & officers (D&O) liability insurance...
Four Senior-Level Black Managers Including Diversity Leaders Exit AIG September 28, 2020 By Max Abelson and Katherine Chiglinsky American International Group Inc. has lost four senior Black managers in recent weeks, including two who were tasked with improving...
U.S. to Research Transmission of COVID-19 in Beef Supply Chain September 28, 2020 By P.J. Huffstutter The U.S. Department of Agriculture is funding a $1 million research project to identify how the virus that causes COVID-19...
New York Again Ranks as Top Global Financial Hub But London Gains in Volatile Index September 25, 2020 New York again heads the rankings of the world’s leading global financial centres. The Global Financial Centres Index 28, launched...
Travelers Offers Artificial Intelligence for Companies to Assess Worker Safety September 25, 2020 The Travelers Companies said it has started using artificial intelligence to offer business customers virtual and onsite ergonomic assessments. Travelers...
New Crash Test Dummy Is a 3-Year Old September 25, 2020 The National Highway Traffic Safety Administration has a new crash test dummy. Known as the Q3s, the new crash test...
What Ever Happened to Hedge Fund Reinsurers? September 25, 2020 By Susanne Sclafane The latest group of reinsurers to emerge in the Bermuda market is starting to look different. Even the name that...
A.J. Gallagher Alleges Alliant’s Poaching ‘Playbook’ Has Cost It Employees, Clients September 25, 2020 By Andrew G. Simpson California-based insurance broker Alliant is again being sued over an alleged poaching scam, this time by rival Arthur J. Gallagher...