UBS Inherits Legacy of Legal Headaches From Credit Suisse May 3, 2023 By Hugo Miller When UBS Group AG integrates Credit Suisse Group AG in the coming months, the Swiss bank plans to run staff...
Chubb: No Duty to Defend Texas Subway Franchise in Killing Case May 3, 2023 By Ezra Amacher ACE American Insurance Company (Chubb) says it has no duty to defend a Texas Subway franchise sued by the family...
UK to Ban Cold Calls Selling Insurance and Crypto to Clamp Down on Fraud May 3, 2023 By Kitty Donaldson The UK is to set to ban cold calls that sell financial products including insurance and cryptocurrencies in an effort...
D&O Prices Plummeting: Record-Level Q1 Drop for Decade May 3, 2023 The year-over-year decline in D&O insurance prices for the first quarter of 2023 is greater than any prior drop over...
What to Expect: WTW Spring Commercial Insurance Forecasts Mixed May 3, 2023 In striking contrast to last year’s double-digit rate hikes for public directors and officers liability insurance and 100-200% jumps for...
Dust Storm Causes Crashes in Illinois, Leaving at Least 6 Dead May 3, 2023 By John O'Connor DIVERNON, Ill. (AP) – A windstorm in central Illinois kicked up dangerous clouds of blinding dust off farm fields Monday,...
MGAs, DUAEs Sparked Double-Digit Growth in 2022 U.S. Premiums: AM Best May 3, 2023 Direct premium written through the delegated underwriting authority enterprises (DUAE) market in the United States continued its significant growth rate...
Firm That Employed Children to Clean Meat Plants Keeps Losing Work May 3, 2023 By Josh Funk OMAHA, Neb. (AP) – The slaughterhouse cleaning company that was found to be employing more than 100 children to help...
Here Are 5 Products Offered by Financial Services Providers to De-Risk Heat Waves May 3, 2023 By Aaron Clark and Taiga Uranaka Climate change-driven heat waves are impacting everything from nuclear reactors in France to glaciers in Pakistan. As millions of people...
Florida Lawmakers Approve Expanded Wind-Mitigation Program May 3, 2023 By William Rabb More rich and more poor residents will qualify for home-hardening grants under an expanded My Safe Florida Home measure approved...