Tokio Marine Eyed PURE for Years. Yankees-Red Sox Finally Brought Them Together. October 4, 2019 By Komaki Ito PURE Group, the high-net-worth insurer set to be acquired by Tokio Marine Holdings Inc., had been on the Japanese company’s...
Vaping-Related Death Count Rises to 18, Illnesses Surpass 1,000: CDC October 4, 2019 By Julie Steenhuysen and Manas Mishra U.S. health officials on Thursday reported 18 deaths due to a mysterious lung illness linked to e-cigarettes and other vaping...
Insurers, Tech Firms Scramble to Keep Up With Cyber Risks October 4, 2019 By Mark Hollmer Despite progress, carriers are still falling short in how they approach cyber insurance and also how they cover events when...
FTC Orders E-Cigarette Makers to Relinquish Advertising, Sales Data October 4, 2019 By Bryan Pietsch The U.S. Federal Trade Commission has ordered a half-dozen e-cigarette companies to turn over sales and advertising data, the federal...
Regional Greenhouse Gas Initiative Grows by Another State October 3, 2019 By Don Jergler Pennsylvania Gov. Tom Wolf on Thursday ordered his administration to start working on regulations to bring Pennsylvania into the Regional...
High Hopes, Higher Hurdles for Pro-Cannabis SAFE Banking Act October 3, 2019 By Don Jergler Regardless of the odds facing a bill designed to enable regular banking and financial services for cannabis business, some experts...
Global Insurance Accelerator Boosts Its Funding for Insurtech Startups October 3, 2019 The Iowa-based Global Insurance Accelerator will nearly double its seed funding for insurtechs accepted into the program in 2020. Nicole...
Study Points to Toxic Chemicals as Likely Cause of Vaping Lung Ailments October 3, 2019 By Robert Langreth Vaping-related lung injuries are most likely caused by exposure to toxic chemicals rather than fatty substances like mineral oils, according...
Tokio Marine to Buy High Net Worth Insurer Pure for $3.1 Billion October 3, 2019 By Andrew G. Simpson Tokio Marine Holdings Inc. has agreed to buy U.S. high net worth insurer Privilege Underwriters Inc. and its specialty insurance...
Investors Betting Against U.S. Mortgage Market Are Banking on Mispriced Flood Risk October 3, 2019 By Kate Duguid David Burt helped two of the protagonists of Michael Lewis’ book The Big Short bet against the U.S. mortgage market...