Global reinsurers are stepping up their warnings to life insurer clients about the potential risks of vaping, putting pressure on underwriters to charge certain vapers higher rates than smokers, or even exclude them altogether. U.S. authorities said last month that …
Insurance Journal Magazine’s Charity Issue highlights some of the many charitable tales in the insurance industry. Don’t miss your chance to share how your organization supports the community. It’s simple: Just share your story here. The extended deadline is end …
Cryptocurrency theft has surged in 2019 compared with last year, with more money flowing through digital exchanges and criminals looking to carry out bigger heists, according to a report from blockchain forensics company CipherTrace obtained by Reuters. Losses from digital …
AXA XL Risk Consulting has appointed has appointed Sheri Wilbanks as its global Casualty & Environmental Lines of Business manager. Wilbanks will be responsible for building a global casualty and environmental risk consulting practice to provide risk management services for …
A federal judge said up to 29 million Facebook Inc. users whose personal information was stolen in a September 2018 data breach cannot sue as a group for damages, but can seek better security at the social media company after …
As U.S. corporate jet use approaches pre-financial crisis levels and chief executives take an increasing number of personal trips on the company tab, many investors are being kept in the dark about the true cost of the perk. For the …
Casino mogul Steve Wynn agreed to pay $20 million toward a settlement of shareholder lawsuits that claimed Wynn Resorts Ltd.’s board had been complicit in his alleged sexual misconduct. The former chief executive officer stepped down from the company in …
The Atlantic Ocean has spawned lots of storms this season while doing much less damage than prior years. But warming waters promise trouble ahead. The 2019 Atlantic hurricane season, which ends Nov. 30, has been the eighth most-active in named …
Activist shareholder Voce Capital Management LLC is renewing its fight with the board of Argo Group International Holdings Ltd. This time, Voce is calling for a special meeting of Argo shareholders to elect five independent board members. Argo has been …
Federal prosecutors are investigating six pharmaceutical companies for potential criminal charges in connection with shipping big quantities of opioid painkillers that contributed to a healthcare crisis, according to regulatory filings. Five companies have received subpoenas from the U.S. Attorney’s office …
