Industry News
Berkshire’s Buffett Blames Politicians, Regulators, Press for Bank Failures
Warren Buffett on Saturday criticized the handling of recent tumult in the banking sector and said a debt ceiling showdown could bring "turmoil" to the financial system, even as he offered a vote of ...
Medical Marijuana Remains Difficult Maze to Navigate in Workers’ Comp Claims
Medical marijuana's impact on workers compensation can be seen during all stages of a workplace injury, according to members of the Workers' Compensation Committee for the American Academy of ...
RIMS Conference Cut Short by Fatal Shooting in Midtown Atlanta
A fatal shooting incident Wednesday that locked down portions of Atlanta as a suspect was on the loose resulted in the early closing of RIMS' Riskworld annual conference. The shooting occurred at a ...
Chubb’s Greenberg: Start Questioning the Societal Benefits of Litigation Funding
Chubb CEO Evan Greenberg said society and the business community need to start asking questions regarding the purpose of third-party litigation funding, a major contributor to increases in frequency ...
Discarded Joints Pose Hazards for Dogs
Bondi, an 8-month-old toy poodle, had just returned from a walk when he began stumbling. His head wobbled and soon he could barely stand, so his owner, Colleen Briggs, rushed him to the vet. The good ...
Swiss Re Returns to Q1 Profit, Driven by Adequate Pricing, Higher Investment Results
Swiss Re swung back to a first-quarter profit, reporting net income of $643 million compared with a loss of $248 million for the prior-year period. "Profitability improved in all our main businesses, ...
Tizzio Becomes President and CEO of AXIS Capital, Succeeding Benchimol
AXIS Capital Holdings Ltd. announced that Vincent C. Tizzio assumed the role of president and CEO of AXIS as part of a planned leadership transition, first announced in December 2022, and timed to ...
Robust ERM Programs Vital as Risks Evolve: Report
Though most insurance companies feel their enterprise risk management (ERM) programs are operating at a robust level, rising economic risks and claims costs and the increasing severity and frequency ...