Senator Calls on U.S. to Delay IPO by China’s Ant Group October 12, 2020 By Alexandra Alper Senator Marco Rubio, who has successfully urged the Trump administration to pursue investigations of Chinese companies, called on Friday for...
Munich Re Specialty Launches E&O Covearge for Mid-Sized Law Firms October 12, 2020 Munich Re Specialty Insurance has launched a lawyers professional liability (LPL) insurance product, an errors and omissions policy specially designed...
U.S. Olympics Sues Insurers Over Stalled Nassar Sex Abuse Settlement October 11, 2020 The United States Olympic and Paralympic Committee (USOPC) said on Friday it has filed a lawsuit against its insurance providers...
Nexus Adds E&S Market to Professional Liability Offering October 9, 2020 Independent specialty managing general agent Nexus has added a Brit Syndicate to its US roster of carriers, giving it the...
U.S. Sues Yale University Claiming Illegal Favoritism for Blacks, Hispanics in Admissions October 9, 2020 By Edvard Pettersson and Patricia Hurtado Yale University was sued by the U.S. Department of Justice, which claims the Ivy League school illegally discriminates against White...
China’s Ping An-Backed Lufax Files for $3 Billion U.S. IPO October 9, 2020 Lufax Holding Ltd., one of China’s largest online wealth management platforms, on Wednesday filed to list its shares in the...
From Wildfires to Sally to China Floods, September Was a Disastrous Month October 9, 2020 Third quarters are often the costliest of the year in terms natural disasters. Insurance broker Aon’s monthly Global Catastrophe Recap...
Royal Caribbean Cruise Line Hit with Shareholder Lawsuit Over Coronavirus October 9, 2020 By Andrew G. Simpson A Palm Beach County, Florida city’s retirement plan is suing a cruise ship company for allegedly misleading it and other...
How Pandemic, Contracts Focus Intellectual Property Insurance on Intangible Assets October 9, 2020 By Madeleine Brown The demand for intellectual property (IP) cover has been increasing year on year as businesses become more aware of the...
Firms’ Employee Benefit Offerings Reflect Pandemic-Reshuffled Priorities October 9, 2020 By Chris Taylor During the past year, there is a good chance that you and your priorities changed significantly. The things you used...