Trump’s SEC Leader Shifts Power From Investors to Boardrooms February 19, 2025 By Ross Kerber New policies from the top U.S. securities regulator hand corporate boards more power over investors in ways that could curtail...
Federal Mortgage Insurer to Lay Off About Half Its Workforce February 19, 2025 By Courtney Rozen The Trump administration is planning to lay off at least 40% of the workers at the federal agency that provides...
Mastercard’s £200 Million Settlement in Class Action Suit Gets Court Scrutiny February 19, 2025 By Upmanyu Trivedi Mastercard Inc. unfairly reduced a £10 billion ($12.6 billion) class action case to a settlement of just £200 million, according...
Farmers Estimates $600M in Losses from LA Wildfires February 19, 2025 Farmers said on Wednesday that it expects losses from the Los Angeles wildfires last month to reach an estimated $600...
NC Governor Waives Weight Limits, Truck Driver Hourly Limits as Winter Storm Hits February 19, 2025 With heavy snow and ice on the way, North Carolina’s governor on Tuesday issued an emergency declaration, waiving weight and...
Markets/Coverages: Cyber Portfolio Quoting for US Brokers From CFC; New DUAL Fine Art Coverage Capacity; Falcon Risk’s Pro Liability for Agents, Brokers February 19, 2025 CFC Launches Cyber Portfolio Quoting for American Brokers CFC said it has launched a new service to automate quoting for...
Family of Man Killed in Copter-Plane Midair Collision Files $250 Million Claim February 19, 2025 By Andrew G. Simpson The family of a Connecticut man killed in the January 29 collision of an American Airlines plane with a military...
Howden Acquires Forbes Insurance and Hill Aviation in UK February 19, 2025 Howden, the London-based global insurance intermediary group, announced the acquisition of aviation specialists Forbes Insurance Ltd., and the acquisition of...
Casualty Reinsurance Still Attractive: Arch Capital CEO February 19, 2025 By Susanne Sclafane While writing primary casualty insurance is more appealing than writing casualty reinsurance, the chief executive of Arch Capital said casualty...
People Moves: Hamilton Global Specialty Promotes Thorp as Head of Space, Golder as Head of Treaty; QBE Europe Names Yebra as Senior U/W in Transactional Liability Team February 19, 2025 This edition of International People Moves details appointments at Hamilton Global Specialty and QBE European Operations. A summary of these...