Risk
Bristol-Myers Defeats Gilead, Winning $752M in U.S. Patent Case
Bristol-Myers Squibb Co on Friday said it won a $752 million jury verdict against Gilead Sciences Inc in a U.S. patent dispute relating to technology for treating cancer. A jury in Los Angeles ...
Avis CEO De Shon to Join Hartford’s Board Upon Retirement
The soon-to-be-retired CEO of global rental car giant Avis Budget Group is joining The Hartford's board of directors. Larry De Shon takes on his new role as of Feb. 19, 2020 and he will serve on The ...
Executive Viewpoint: In 2020, InsurTechs Will Lead the Way
The year 2019 has been a defining one for InsurTechs and, in many ways, has set the pace for what's to come. No longer are legacy companies the presumed leaders of the industry, as we've seen ...
Bermuda Gains Reciprocal Status With U.S. Starting Jan. 1, 2020
Bermuda's insurance market gains reciprocal status with the U.S. as of Jan. 1, 2020, something that industry and business groups there are celebrating as they countdown to the new year. Reciprocal ...
Liberty Mutual Pledges Drastic Reduction in Coal Investments, Appoints Chief Sustainability Officer
Liberty Mutual Insurance will drastically limit future underwriting for and investment in coal risks, an apparent response to environmentalists pushing for greener investment strategies among ...
North Korean Hackers, Eastern European Cyber Criminals Reportedly Teaming Up
North Korean state-backed hackers appear to be cooperating with Eastern European cybercriminals, a report said on Wednesday, a finding that suggests digital gangsters and state-backed spies are ...
Royal Caribbean Liability for Volcano Deaths Could Hing on ‘Act of God’ Defense
Royal Caribbean Cruises Ltd's potential liability for a deadly excursion to a volcanic island in New Zealand could hinge on whether the eruption was an unforeseeable "act of God," according to ...
5 Argo Group Directors Will Retire; Early Annual Meeting Planned
Five Argo Group directors plan to retire as of the beleaguered company's 2020 annual meeting, the company disclosed on Dec. 11. Argo, a Bermuda-based specialty insurer and reinsurer, said that the ...