To suggest that the property/casualty insurance industry should count its blessings in the year of the coronavirus is by no means to suggest 2020 was not a challenging year for the industry. The industry faced plenty of challenges throughout the …
There were, of course, recurrent topics and themes– from the coronavirus to business interruption to cyber to acquisitions to the Trump Administration to hurricanes — that dominated property/casualty insurance national news in 2020. At the same time, certain individual national …
A number of internet companies that are not big social media players are organizing to defend the law that shields them from lawsuits. The companies have formed a coalition called Internet Works to protect what they see as the benefits …
While the COVID-19 pandemic has slowed business activity around the globe, for underwriters in the Lloyd’s market who were in the process of increasing property insurance rates when the pandemic hit, the timing may be auspicious. Had the outbreak struck …
The Securities and Exchange Commission said it has settled charges against The Cheesecake Factory Inc. for misleading disclosures about the impact of the COVID-19 pandemic on its business operations and financial condition. The SEC said the action is its first …
The inspector general for the U.S. Department of Labor is urging the government’s mine safety agency to tighten restrictions on a dangerous substance that is inhaled by coal miners. A report from the inspector general’s office said the Mine Safety …
The Travelers Companies has agreed to acquire InsuraMatch, a national digital independent insurance agency, from the Plymouth Rock Group of Companies. The transaction is expected to close in the first quarter of 2021 after regulatory approvals. Terms were not disclosed. …
Exchange operator Nasdaq has proposed new rules for listed companies around board diversity and disclosure. According to a filing with the Securities and Exchange Commission (SEC), the new listing rules, approved by Nasdaq directors on Nov. 5, would require all …
Cute plastic animals with tiny accessories that pose a choking hazard, Black Panther-inspired claws with the potential to cause facial or eye injuries, and green slime that could be harmful if swallowed: These are just some of the items on …
Today’s Lloyd’s of London market for casualty insurance is marked by rising prices, reduced capacity, and buyers embracing more self-insurance, according to underwriters at Lloyd’s. It is also marked by underwriters who still believe in the value of long-term relationships …
