Commercial Lines
Insurance Acquisition Corp. Launches IPO After Completing Shift Auto Retailer Deal
Shares of Shift Technologies Inc. fell 6.7% in their Nasdaq debut on Thursday after the online used-car seller went public through a reverse-merger deal with blank check firm Insurance Acquisition ...
FCC Pledges to Clarify Key Social Media Legal Protections
Federal Communications Commission chairman Ajit Pai said Thursday the agency will move forward to set new rules to clarify the meaning of a key legal protection for social media companies. The ...
Executives On The Move at AXIS Re, Lockton Re and Earnix
AXIS Re made two new underwriting hires to expand its North America Casualty team. Lockton Re hired a Senior Broker to be part of its Marine & Energy Division. Earnix, a provider of advanced ...
Employers Believe They Promote Healthy Mental Health Discussions, but Workers Disagree: The Hartford
Most employers feel they encourage healthy discussions about mental health, but a large number of their employees feel differently, a new study from The Hartford has concluded. The Hartford Found 68 ...
Pirate Kidnappings Soar in Waters off the West African Coast
The number of kidnappings reported off the West African coast in the year through September is 40% higher than the same period in 2019, according to the International Maritime Bureau. Piracy ...
EU Pressures Britain to Make Brexit Compromise or Face Trade Disruptions
The European Union put the onus on Britain on Thursday to compromise on their new economic partnership or stand ready for trade disruptions in less than 80 days, drawing a chilly reaction from the ...
Berkshire Hathaway Alleges Law Firm Aided $756M M&A Fraud
A unit of Warren Buffett's Berkshire Hathaway Inc. claims a top international law firm helped German piping component maker Wilhelm Schulz GmbH fraudulently conceal its disastrous finances before its ...
The Impact of Political Risks on Businesses
Civil unrest incidents such as protests and riots are challenging terrorism as the main political risk exposure for companies. Recently, events such as the French "yellow vest" protests (insured ...