Commercial Lines
Canada Halts Trains for 48 Hours in Parts of B.C. After Wildfire Surge
Canada on Friday ordered trains to cease operations for 48 hours in areas of British Columbia hit by a recent spate of wildfires, including one that wiped out an entire town and killed two people, ...
Your Pet’s Name as a Password: Old Cybersecurity Risks Perpetuate Post-COVID
Here's a statistic that underscores the tough job cyber insurers have in convincing clients to reduce risks: 57 percent of individuals said they use personal information to inspire a password. That's ...
15 More U.S. States Reach Settlement in OxyContin Maker Purdue Bankruptcy
Fifteen more states reached an agreement with Purdue Pharma LP and members of its wealthy Sackler family owners that moved the OxyContin maker a step closer to resolving widespread opioid litigation ...
SiriusPoint Debuts D&O Insurance MGA Banyan Risk
SiriusPoint Ltd., the Bermuda-based specialty insurer and reinsurer, announced the launch of Banyan Risk Ltd., a managing general agent that underwrites directors and officers (D&O) insurance. ...
Progressive Plans Hiring Spree: 6,400 New Employees by Year’s-End
Progressive Insurance is embarking on a hiring spree. The insurer said it intends to hire up to 6,400 new employees across the country during the remainder of 2021. The Mayfield Village, ...
Tokio Marine, Other Frustrated Olympic Sponsors Cut Back Promotional Events
Japanese Olympics sponsors are canceling or scaling back booths and promotional events tied to the Tokyo 2020 Games, frustrated by "very last minute" decisions by organizers and a delay on whether ...
U.S. Businesses Advance Diversity Initiatives, but Disconnects Remain: Marsh/RIMS Report
U.S. businesses are increasingly pursuing diversity, equity and inclusion initiatives but they continue to have some disconnect about how important the effort is, according to a new Marsh/RIMS ...
InsurTech NY Now Accepting Applications for 2021 Startup Accelerator Program
InsurTech NY is now accepting applications for its growth-stage InsurTech startup accelerator. The application window is open from July 7 to August 2 and applications will be accepted through the ...