April 25, 2018
Insurance broker Willis Towers Watson announced three senior appointments within its Corporate Risk and Broking segment to strengthen its broking platform. These appointments are part of the company’s ongoing investment in its dedicated broking centers, which feature specialized teams using …
April 25, 2018
NAS Insurance Services, LLC has updated its commercial cyber liability insurance policy NetGuard Plus to now include support services designed to help companies evaluate, prepare, and protect themselves from ever-evolving cyber threats. The expanded components of the NAS cyber policy …
April 25, 2018
The U.S. Supreme Court on Tuesday ruled that foreign corporations cannot be sued in American courts for human rights abuses overseas, refusing to revive a lawsuit claiming Jordan-based Arab Bank Plc helped finance militant attacks in Israel and the Palestinian …
April 25, 2018
The U.S. Supreme Court on Tuesday gave its stamp of approval to a government review process prized by high technology companies as an easy and cheap way to combat “patent trolls” and others that bring patent infringement lawsuits. The justices …
April 25, 2018
A U.S. appeals court this week favored humans over animals in a novel copyright lawsuit filed over a series of entertaining selfies taken by a monkey with a toothy grin. U.S. copyright law does not allow lawsuits that seek to …
April 25, 2018
Goldman Sachs Group Inc.’s asset-management unit, which oversees $250 billion for insurers, said an economic slowdown in the U.S. is the biggest investment risk for the industry for the first time since the financial crisis. “Insurers expressed a growing consensus …
April 24, 2018
The Travelers Companies, Inc. has added new digital capabilities to its “MyTravelers for Injured Employees” workers’ compensation claims platform designed to improve the claim experience for injured employees. The company’s web-based and mobile-friendly self-service tool for workers compensation claims now …
April 24, 2018
The Travelers Companies boosted its net income for the quarter ended March 31, 2018, by 10 percent to $669 million compared to $617 million in the prior year quarter despite unusually high catastrophe losses in March. Catastrophe losses in the …
April 24, 2018
The U.S. Supreme Court considered bolstering the president’s power over federal agencies in a clash over the constitutional status of the in-house judges who handle complaints at the Securities and Exchange Commission. The justices Monday heard an appeal from Raymond …
April 24, 2018
While a small group of insurance companies is taking meaningful steps to acknowledge and respond to the business risks posed by a new operating reality posed by a changing climate, overall the sector’s performance lags behind its peers in several …