Analysis: SEC’s Crackdown on Climate Risk Disclosure Easier Said Than Done March 18, 2021 By Chris Prentice and Ross Kerber With Democrats at the helm, the U.S. securities regulator is pledging to crack down on companies and funds that mislead...
Next Insurance Targets Businesses That Sell and Buy on Amazon March 18, 2021 In partnership with Amazon, digital small business insurer Next Insurance is offering insurance to businesses that are buyers or sellers...
Reuters Exclusive: Safety Regulators Reviewed Concerns Over GM Steering Sensor March 17, 2021 By Mike Spector U.S. automotive safety regulators reviewed evidence related to an allegedly defective steering sensor that was used in roughly 778,000 older...
AM Best Plans to Assess MGAs, Other Delegated Authority Entities March 17, 2021 By Susanne Sclafane With the volume of premium generated by managing general agents and other delegated underwriting authority enterprises (DUAEs) rocketing skyward in...
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...