How Workers’ Comp Helps People to Recover: NCCI CEO Commentary June 24, 2019 By Bill Donnell Every year there are more than two million workplace injuries in the United States. Behind each of those claims is...
As Lloyd’s Jettisons Some Marine Insurance Lines, Opportunities Created for Rivals June 24, 2019 By Carolyn Cohn, Jonathan Saul and Suzanne Barlyn Rivals to Lloyd’s of London are riding a rising tide of marine insurance rates, leaving the 330-year-old market behind after...
Iran Increases Cyber Attacks on U.S. Gov’t, Infrastructure: Cyber Security Firms June 24, 2019 By Tami Abdollah Iran has increased its offensive cyber attacks against the U.S. government and critical infrastructure as tensions have grown between the...
Facebook’s Cryptocurrency Gets Pushback from Global Financial Watchdogs June 24, 2019 By Alastair Marsh Facebook Inc. was hours away from the formal announcement of its ambitious foray into financial services, but French Finance Minister...
Women Employees at Oracle Seek Class-Action Status in Gender Pay Lawsuit June 24, 2019 By Peter Blumberg and Joel Rosenblatt Call it the class ceiling. Women suing major technology companies for gender discrimination would have much stronger leverage against their...
AXIS Re Hires Hands from CNA Hardy as Head of Australia June 24, 2019 AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd. announced the expansion of AXIS Re Strategic Partners with...
Facebook Faces Lawsuit for Data Breach Affecting Nearly 30 Million Users June 24, 2019 By Kartikay Mehrotra and Aoife White Facebook Inc. failed to fend off a lawsuit over a data breach that affected nearly 30 million users, one of...
Financial Services Provides Plenty of Jobs – from Coast to Coast: Opinion June 24, 2019 By Justin Fox, Bloomberg Opinion There were 755,436 people working in financial activities in the New York metropolitan area last year, more than twice as...
UK’s Legal & General Is Divesting Exxon Shares Over Climate Change June 24, 2019 By Kelly Gilblom and William Mathis One of Britain’s biggest fund managers started selling shares in Exxon Mobil Corp., saying America’s largest oil company isn’t doing...
Dutch Insurer Weighs Cutting Cover for Gambling, Arms, Nuclear Power June 24, 2019 By Ruben Munsterman and Will Hadfield Europe’s biggest insurers refuse to sell policies to coal miners and arms producers. A Dutch firm may go further by...