While the January reinsurance renewals proved to be the toughest and most gruelling for decades, the April 1 renewals, driven by the Japanese P/C market, were a much calmer affair, according to Swiss Re. “Overall, client and reinsurer expectations were …
Banks, insurers and asset managers in the European Union would only be allowed to sell funds and other products across the bloc if they could prove to regulators they offer value for money, draft proposals seen by Reuters showed. The …
Spain and Portugal recorded their hottest April on record as a mass of hot air brought temperatures above 30C and close to 40C in some areas at the end of the month. Last month was the fourth-hottest month of April …
Federal Insurance Co. must pay the $10 million policy limit in a directors and officers policy issued to Astellas Pharma, despite the carrier’s assertion that Illinois public policy forbids it from reimbursing the drugmaker for the cost of settling allegations …
The media entrepreneur Byron Allen has filed a second lawsuit against McDonald’s Corp over the fast-food chain’s alleged refusal to advertise with Black-owned media. In a complaint filed last week in Los Angeles, Allen’s Entertainment Studios Networks Inc and Weather …
A California federal judge on Monday dismissed a proposed class action accusing Twitter Inc of targeting female employees for layoffs after Elon Musk acquired the company last year, but said plaintiffs would be allowed to amend the lawsuit to add …
The rollout of the Lloyd’s cyber war exclusions has received considerable criticism for the chaos and confusion caused in the weeks leading up to the March 31st effective date. But there are some certainties to keep in mind about the …
Most people will be familiar with the posters at workplaces noting the number of days since a lost-time work injury. Well, there’s a dirty little secret behind that, one that helps employers avoid higher experience modifications on their workers’ compensation …
Crest Insurance Group, headquartered in Scottsdale, Arizona, named Steve Cannatella as a vice president of employee benefits. Cannatella spent the last ten years at Paychex Insurance Agency as a large group health and benefits sales representative for medium and large-size …
A Maryland widow is entitled to her late husband’s workers’ compensation death benefits because she was dependent upon her husband at the time of his disablement, a Maryland appeals court has ruled. The appeals panel overturned a lower court that …
