Zurich Expects $550M Hit From Hurricane Ian; Profit Targets on Track
Zurich Insurance Group expects a net $550 million pre-tax hit from Hurricane Ian, Europe's fifth-largest insurer said on Thursday, though it remains on track to beat its ...
Commercial Lines
Many Cyber Criminals Return After Ransomware Payments Are Made
Over a third (36 percent) of companies that paid a ransom to cyber criminals went on to be targeted for a second time, according to the latest Cyber Readiness Report from ...
Hourly.io, Great American Insurance Announce MGA Collaboration
Hourly.io, a workers comp and payroll startup, announced today that it is expanding its reach through a collaboration with Great American Insurance Group.
One of the largest providers of reinsurance for Florida carriers is predicting major increases in rates next year, a move that could add fuel to the fire for a reform ... Teva Pharmaceutical Industries will pay up to $523 million to New York State as part of a nationwide settlement of lawsuits alleging the company helped fuel the U.S. ... Twitter Inc. was sued over Elon Musk's plan to eliminate about 3,700 jobs at the social media platform, which workers say the company is doing without enough notice in ... Warren Buffett's Berkshire Hathaway Inc. on Saturday posted a $2.69 billion third-quarter loss as rising inflation, falling stock investments and a big loss from ... CVS Health Corp, Walgreens Boots Alliance Inc. and Walmart Inc. have tentatively agreed to pay about $13.8 billion to resolve thousands of U.S. state and local government ... Businesses that want to make their workplaces safer might try adopting a more rigorous accounting system, according to a new study that found a link between a firm's ...
With Another Fla. Hurricane Coming, Signs Pointing to Bigger Spike in Reinsurance Rates
Drug Manufacturer Teva to Pay $523M to New York in Opioid Settlement
Twitter Sued for Mass Layoffs by Musk Without Enough Notice
Berkshire Hathaway Reports $2.7B Loss in Third Quarter
CVS, Walgreens and Walmart to Pay $13.8B to Settle U.S. Opioid Claims: Sources
Can More Rigorous Accounting Lead to Fewer Workplace Injuries?
Insurer AIG Profit Slumps As Investment Income Falls
Insurer American International Group on Tuesday reported a more than 39 percent decline in quarterly profit as investment income fell by more than $1 billion and losses from Hurricane Ian pushed up ...