Underwriting
Democrats Propose Barring Big Tech Companies From Offering Financial Services, Digital Currencies
A proposal to prevent big technology companies from functioning as financial institutions or issuing digital currencies has been circulated for discussion by the Democratic majority that leads the ...
‘The Future at Lloyd’s’ Revamp Effort Elicits Sizable Stakeholder Feedback
When the 10-week consultation period for "The Future at Lloyd's" project ended last week, Lloyd's confirmed that participation was widespread, with more than 4,000 suggestions and comments received ...
U.S. Reportedly Investigating Whether J&J Lied About Talcum Powder Cancer Risks
The U.S. Justice Department is pursuing a criminal investigation into whether Johnson & Johnson lied to the public about the possible cancer risks of its talcum powder, people with knowledge of ...
Storm Barry, No Longer a Hurricane, Dumps Dangerous Amounts of Rain on U.S. Southeast
The remnants of the once mighty storm Barry, the first hurricane of the 2019 season, dumped dangerous amounts of rain as it crawled north through the United States on Monday after coming ashore west ...
Going to Monte Carlo for the Rendezvous? What’s It Like?
Have you been to the Reinsurance Rendezvous in Monte Carlo? What would you tell someone thinking of going for the first time about the experience? Carrier Management is looking to compile stories and ...
The Latest Launches From Markel and Lockton
Markel Corp. added coverage to its management liability suite of products. Lockton Affinity is the new program administrator for the new CyberLock Defense standalone cyber liability policy with ...
Executives On The Move at Brit Global Specialty USA and AXA
Veterans of Swiss Re and Redstone Underwriters joined Brit Global Specialty USA in executive roles. A former Goldman Sachs executive signed on with AXA as its new group chief risk officer.
M&A Drives Still-Growing Demand for Transitional Risk Insurance: Marsh
Use of transactional risk insurance significantly increased in 2018. Policy limits in excess of $1 billion are now available for single transactions as private equity firms and strategic investors ...
California Creates $21B Fund for Utilities to Cover Future Fire Liabilities
For a leader with grand ambitions of tackling big issues from health care to taking on President Donald Trump, California Governor Gavin Newsom has spent much of his first six months in office bogged ...