AIG Could Become Involved in Defamation Claim Against ‘Illiquid’ Elon Musk October 16, 2019 By Dana Hull Insurance giant American International Group Inc. may get wrapped up in a defamation case involving billionaire Elon Musk, who has...
Why Big Internet Firms Think They Should Remain Shielded from Content Liability October 16, 2019 By David Shepardson A 23-year-old law giving technology companies legal protection from lawsuits over user-generated content remains critical to the internet’s future, Alphabet...
CNA Names James as Chief Risk Officer; Appoints Miralles President of Warranty October 16, 2019 Mark James has been named CNA’s Chief Risk and Reinsurance Officer. He assumes leadership for CNA’s Enterprise Risk Management function...
Three Major Drug Distributors Negotiating to Settle Bellwether Opioid Case: WSJ October 16, 2019 Three drug distributors are in talks with state and local governments to settle thousands of opioid lawsuits for $18 billion,...
Bayer Anticipates Jump in Cancer Claims Linked to Roundup’s Glyphosate October 16, 2019 By Ludwig Burger Bayer expects the number of claims in the United States related to Roundup herbicide to have surged in the third...
RenaissanceRe Estimates Third Quarter Natural Catastrophe Losses of $155 Million October 16, 2019 RenaissanceRe Holdings Ltd. announced it estimates losses from third quarter 2019 catastrophe events will have an estimated net negative impact...
Everest Re Group Estimates Q3 Catastrophe Losses of $280 Million October 16, 2019 Everest Re Group Ltd. announced a preliminary pre-tax catastrophe loss estimate for the third quarter of 2019 in the amount...
Generali’s Results Prove It Has Right Strategy, Says Chairman October 16, 2019 The good results Generali has racked up are proof that the insurer is well run and has the backing of...
Post-Brexit Trade Deal for Financial Services Less Vital as UK Firms Set Up EU Hubs October 16, 2019 By Huw Jones The growing tally of UK-based banks, insurers and asset managers opening hubs in the European Union means that a post-Brexit...
Cannabis Banking Challenges in Legal States Go Far Beyond Pot October 16, 2019 By Sophie Quinton and April Simpson Kat Merryfield was ready to share her farm-to-home oils, chocolates and creams with the rest of the country. But banks...