Fitch Ratings said it maintains a stable outlook for U.S. commercial lines, reflecting the potential for moderately better underwriting profits and the ability of insurers to withstand potential adversity due to capital strength. Direct statutory written premiums in the U.S. …
Facebook Inc. emails appear to show Chief Executive Officer Mark Zuckerberg’s involvement in discussions about its much criticized privacy practices, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. The newspaper said reporters had not seen …
Johnson & Johnson and Colgate-Palmolive Co. must pay almost $10 million to a dying California woman who blamed the companies’ talc-based products for her rare cancer. The jury verdict in state court in Oakland is another setback for J&J, the …
In a break from years of acrimony over basic science, House Budget Committee members on Tuesday tripped over each other to agree that climate change is not only real but caused by humans. “The last decade has seen dramatic advances …
The National Association of Insurance Commissioners (NAIC) released an online quiz, “What the Flood!,” as part of its #YourRiskIsReal campaign, an ongoing effort to educate consumers about flood risks and the need to consider purchasing flood insurance. The short, interactive …
A coalition of environmental groups on Tuesday filed a lawsuit challenging the U.S. Interior Department’s rollbacks of safety measures put in place by the Obama administration in the aftermath of the fatal 2010 BP Deepwater Horizon oil spill. The lawsuit …
Facial and head injuries from riding electric scooters have tripled over the past decade, according to a Rutgers study. Electric scooter use has been increasing in popularity as an alternative to gas vehicles. However, state helmet laws vary, and the …
Cyber insurance and cybersecurity agency Coalition announced the addition of Brian Specht as the head of Affinity to help the agency reach a broader spectrum of businesses and industries. Specht brings 30 years of experience from Aon, Ryan Specialty Group, …
China’s Anbang Insurance Group Co. is scouring the globe for condo buyers looking for a little — or a lot — of Park Avenue glamour. Four years after buying the famed Waldorf Astoria for a record $1.95 billion, the insurer …
Everest Insurance has joined with All Risks, Ltd. to expand its workers’ compensation capabilities for the marine industry. Through this program, brokers will have access to workers’ compensation, United States Longshore & Harbor Workers (USL&H) and marine employers liability (MEL) …
