Commercial Lines
War in Ukraine Renews Questions Around Likelihood, Insurability of Cyber War
Since Russia launched a full-scale military invasion of Ukraine on Feb. 24, questions have resurfaced about the likelihood of a global cyber war. While experts say there isn't a credible threat at ...
At Least 6 U.S. State Governments Hacked by China, Warns Cyber Firm
Hackers working on behalf of the Chinese government broke into the computer networks of at least six state governments in the United States in the last year, according to a report released Tuesday by ...
New CEO at Comp Carrier Pinnacol Set to Deal with Workforce Changes
John O'Donnell picked an interesting time to change jobs. The way the world works is radically changing, and just as the pandemic—apparently—wanes, he's taking the helm of a large workers ...
Marsh to Exit Russia; Aon Suspends Operations
Marsh McLennan, the world's largest insurance broker, said on Thursday it would exit all of its businesses in Russia, while its rival Aon suspended operations in the country. "We intend to transfer ...
How Sanctions Against Russia Are Hitting Global Aviation Industry
Russia's size and close integration into the global aviation industry since the end of the Cold War means sanctions related to its invasion of Ukraine are having outsized consequences relative to ...
J&J’s Controversial Prison Testing Resurfaces in Baby Powder Lawsuits
More than 50 years ago, nearly a dozen men incarcerated outside of Philadelphia enrolled in an experiment funded by Johnson & Johnson, according to unsealed documents. Now, those studies have ...
More Price Increases for U.S. Commercial Insurance in Q4 2021: WTW
U.S. commercial insurance prices rose again in the fourth quarter of 2021, according to WTW's latest Commercial Lines Insurance Pricing Survey (CLIPS). The aggregate commercial price change reported ...
Insurers Refuse to Pick Up Bill for Billions in Opioid Claims
A multibillion-dollar bill is coming due for the U.S. opioid epidemic, and insurers for some of the largest drug makers, distributors and pharmacies are refusing to help pay for it. A Delaware ...