Tesla, Other Car Makers Have Edge Over Incumbent Auto Insurers: Moody’s March 10, 2022 By Susanne Sclafane Tesla and other car makers represent a growing threat to incumbent auto insurers, even though they have little direct impact...
Update: Marsh McLennan to Exit Businesses in Russia; Aon Suspends Operations March 10, 2022 Marsh McLennan, the world’s largest insurance broker, said on Thursday it would exit all of its businesses in Russia, while...
Progress Slows on Path to Gender Parity in the Board Room March 10, 2022 By Stan Choe Almost extinct are the days when only men sat on U.S. corporate boards. But the speed at which boards have...
AM Best Downgrades Outlook for Florida Family Insurance Companies March 10, 2022 The AM Best rating firm has downgraded the credit rating and the outlook for Florida Family Insurance and its subsidiary,...
People Moves: AXA XL Names Bewlay Chief Exec Reinsurance, Replacing Cooper; Marsh Promotes 3 for Affinity; Hartford Hires Generali’s Mather to Lead Int’l Financial Lines March 10, 2022 This edition of International People Moves details appointments at AXA XL, Marsh and The Hartford. A summary of these new...
California Spraying Company Found Liable for Pesticide Drifts March 10, 2022 A Northern California pesticide spraying company was negligent on at least five occasions its helicopter pilots allowed the toxic chemicals...
Appeals Court Rules Protesters Can Sue Over Vegas Arrests March 10, 2022 A federal appeals court ruled that a Las Vegas police detective can be sued for arresting protesters who chalked anti-police...
Russia’s Invasion of Ukraine to Spur More Claims Inflation: Moody’s March 10, 2022 Although insurance penetration in Ukraine and Russia is low, global insurers will face secondary impacts from greater financial market volatility...
Cyber Firm: At Least 6 U.S. State Governments Hacked by China March 10, 2022 By Eric Tucker Hackers working on behalf of the Chinese government broke into the computer networks of at least six state governments in...
Taxi Driver Shot by Off-Duty Officer Settles With New York County for $2M March 10, 2022 A cab driver who was wounded by an off-duty police officer in a 2011 road-rage shooting has settled his lawsuit...