Underwriting
VW Catches a Break: U.S. Judge Dismisses Bondholder Suit Over Excess Emissions
A U.S. judge late Friday dismissed a lawsuit filed by institutional investors who purchased bonds from Volkswagen AG's U.S. unit and claimed the automaker had made false and misleading statements ...
Drugmakers Reduce Opioid Marketing as Hundreds of Lawsuits Up Pressure
Purdue Pharma LP's decision to stop promoting its opioid drugs to doctors is being hailed as the first result of a judge's push for concrete solutions to a nationwide epidemic, even though the ...
Why a framework to build agents is necessary, but not the same thing as AI doing insurance work. Almost every...
Tribal Knowledge + Tech Creates Exponential Potential for Underwriters: XL Catlin’s Global Casualty CUO Bewlay
At a time when job research across industries produced by universities and consultancies often lists "insurance underwriter" among professions particularly vulnerable to automation, the chief ...
Breaking Down Silos: The Role of the CUO Today
Describing her role as Global Chief Underwriting Officer, Casualty at XL Catlin, Nancy Bewlay noted that there is only "a little bit of the classic" role—in other words, the role of making calls on ...
NAMIC CEO Chamness Sounds Off on Flood Insurance and Disaster Relief Reform
Reform of the National Flood Insurance Program remains an unresolved issue. Congress must reauthorize the debt-ridden Federal Emergency Management Agency-managed program by March 23. It already has ...
Nor’easter’s Impact Diminishes, Thousands of Homes, Businesses Still Lack Power
The impact of a powerful nor'easter diminished on Saturday after the storm caused chaos along the U.S. East Coast, halting trains and forcing airports to ground flights as high winds and heavy rain ...
Generali Reportedly Evaluating Bids for German Life Biz
Athene Holding Ltd. and Viridium Group GmbH submitted binding bids for Assicurazioni Generali SpA's 40 billion-euro ($49 billion) German life insurance portfolio, according to people with knowledge ...
Equifax Breach Could Be Most Expensive Corporate Hacking Ever
Equifax Inc said it expects costs related to its massive 2017 data breach to surge by $275 million this year, suggesting the incident at the credit reporting bureau could turn out to be the most ...