Government
Higher Cargo Insurance Rates, New Risks Aplenty With COVID Vaccine Rollout
Speedy global delivery of COVID-19 vaccines by air and sea in ultra cold conditions will lead to a jump in cargo insurance rates and spur demand for new areas of coverage, leaving underwriters on ...
EU Regulator Seeks More Hands-On Approach to Insurer Capital
The European Union's capital rules for insurers need changing to reflect low interest rates and provide stronger intervention powers like banning dividends to preserve solvency during market shocks, ...
Bipartisan COVID-19 Plan Separates Coronavirus Liability Protections, State Aid
A bipartisan group of lawmakers released proposed Covid-19 relief legislation that may provide momentum for breaking a months-long impasse, by separating out coronavirus liability protections and ...
APCIA 2021 Lobbying Priorities: Pandemic, Social Inflation, Disaster Mitigation and More
Despite the ongoing coronavirus pandemic, insurance industry lobbyists such as Nat Wienecke of the American Property Casualty Insurance Association have continued to do their jobs. Like most of us, ...
Zurich Private-Public Pandemic Option Gives Carriers Choice In Risk Share
Adding to the mix of ideas for a public-private pandemic risk partnerships between insurers and the federal government, Zurich is proposing a plan that gives insurers a role—and a say in how much ...
U.S. Air Pollution Monitoring Network Falls Into Disrepair: GAO Report
The U.S. air pollution monitoring network has fallen into disrepair after years of budget cuts and neglect, leaving tens of millions of Americans vulnerable to undetected bad air quality from events ...
U.S. Justice Dept. Alleges Facebook Discriminates Against U.S. Workers
The U.S. Justice Department accused Facebook Inc on Thursday of discriminating against U.S. workers, saying in a new lawsuit the social media giant has given hiring preferences to temporary workers, ...
GOT Issues: An Update
Earlier this year, I wrote an article for Carrier Management that looked at potentially emerging issues that may have not yet been captured on the risk monitors of underwriters or by the algorithms ...