Monthly Archives: <span>June 2021</span>

Supreme Court Adds Check on Patent Tribunal Judges, Giving Director Review Power

The U.S. Supreme Court on Monday allowed a U.S. Patent and Trademark Office tribunal that has gained a reputation for canceling patents to continue operating, but reined in the power of its in-house judges. The justices, in a 5-4 ruling …

SEC Looking Into Whether Firms Failed to Disclose Effects of SolarWinds Cyber Breach

The U.S. Securities and Exchange Commission (SEC) has opened a probe into last year’s SolarWinds cyber breach, focusing on whether some companies failed to disclose that they had been affected by the unprecedented hack, two persons familiar with the investigation …

AXA Partners with Hong Kong Broadband Network to Offer Homeowners Insurance

Hong Kong Broadband Network Ltd. (HKBN) is now offering customers an “All-in-One Home Kit,” complete with fiber broadband service and home insurance from AXA Hong Kong and Macau (AXA). The kit also has a home network security solution and smart …

Generali Agrees to Buy AXA’s Malaysian P/C and Life Insurance Units

MILAN/PARIS/KUALA LUMPUR – Italy’s top insurer Generali has agreed to buy AXA’s insurance assets in Malaysia and take full ownership of a joint-venture it runs in the country to strengthen its local presence. The deals will turn Generali into the …

Louisiana Gov.: $176M Now Available from FEMA for Laura, Delta Aid

Louisiana parishes recovering from two hurricanes that struck last year are now in line to get a total of more than $176 million from the Federal Emergency Management Agency, Gov. John Bel Edwards said. Edwards discussed the funding at a …

Ryan Specialty Group Registers with SEC for IPO

The Chicago-based specialty wholesale brokerage Ryan Specialty Group has filed with the Securities and Exchange Commission (SEC) for a proposed initial public offering (IPO). The number of shares to be offered and the price range for the proposed offering have …

People Moves: Liberty Mutual Appoints Key Executives; Langwell Announces Retirement

Liberty Mutual Insurance Chairman and Chief Executive Officer David Long today announced key executive leadership appointments. “Today’s announcement marks an important chapter for the company. These new executive leadership appointments better position us now and in the future as a …

InsureTech Connect Vegas 2021 is Back in Full Force

Waitlist for All Sponsorships and Exhibit Hall Space; Agenda Full; Price Increase June 26. NEW YORK, JUNE 21, 2021 – InsureTech Connect (ITC) has announced that its sales have been so robust for its October 2021 Vegas event that it …

Assessing Options for Managing the Risks and Insuring Communicable Diseases

Within weeks, it had all changed. As a pandemic spread and took root in an unprepared world, many organizations were finding out that their insurance policies would not cover the one event that had brought global business to a standstill …

Florida Supreme Court Ruling Pulls Marijuana Proposal From 2022 Ballot

A proposed constitutional amendment to allow recreational marijuana use in Florida won’t be on the 2022 ballot after the state Supreme Court ruled last week that the ballot language was misleading. The court, in a 5-2 decision, said proposed ballot …