Government
Lloyd’s Considering 5 Locations for New Post-Brexit EU Subsidiary
Lloyd's of London will make an announcement on its new European subsidiary by the middle of April at the latest, its Chairman John Nelson said on Tuesday, as it prepares for Britain's exit from the ...
Britain to Make Clean Break with EU Market Under May’s ‘Hard Brexit’
Britain will quit the EU single market when it leaves the European Union, Prime Minister Theresa May said on Tuesday in a decisive speech that set a course for a clean break with the world's largest ...
Sweeping U.S Regulatory Revamp Passes U.S. House
Republicans on Wednesday passed a bill in the House of Representatives that touched on nearly every step U.S. agencies take in creating and applying new rules, continuing their blitz to radically ...
Volkswagen Board Ready to OK $4.3B U.S. Diesel Penalty Payment
Volkswagen AG's supervisory board is set to sign off on a $4.3 billion settlement of U.S. criminal and civil penalties for rigging diesel-powered cars to cheat on emissions tests, the latest step in ...
Are Underwriters, Agents Endangered by AI?
"Meet your new underwriter." That's the caption under a photo of a robotic hand holding a pen that the digital news outlet Quartz (qz.com) used to introduce a recent article about an insurer using ...
FIO Director McRaith Leaving Post on Jan. 20
Michael McRaith, who has served as director of the Federal Insurance Office since its creation in 2011, is resigning his post as of Jan. 20 as the Trump administration begins. McRaith announced his ...
Benefits of Climate-Related Financial Disclosures
We need to work on a united, collaborative response when it comes to combating climate change, said Zurich Insurance's Cecilia Reyes in a recent blog, expanding on her Dec. 15 Twitter chat on ...
25 Reinsurers Join $1B NFIP Reinsurance Program
The federal government's National Flood Insurance Program has secured more than $1 billion in reinsurance from 25 global reinsurers to help it weather major storms. Participating reinsurers include ...