Industry News
Snap Claims It’s Wrongly Dragged Into Social Media Addiction Suits
Snap Inc. says it can't be sued for allegedly addicting young users and contributing to a mental health crisis because its "ephemeral" messaging service is "fundamentally different" from other ...
Resolute Global Partners Launches New Type of Reinsurance Contract
Resolute Global Partners, an investment adviser specializing in insurance and reinsurance, announced the launch of "Footprint," a new type of reinsurance contract, which the firm created in ...
Russian Hackers Target Western Critical Infrastructure, UK Warns
The UK government's cyber defense agency warned on Wednesday of an emerging threat to Western critical national infrastructure posed by hackers sympathetic to Russia and its war on ...
Pro MGA Global Solutions Announces Incubation Partnership With MGA Nirvana
Pro MGA Global Solutions, the independent managing general agent (MGA) incubator, announced its incubation partnership with specialty MGA Nirvana. Nirvana is led by CEO Kabir Chanrai and Executive ...
Political Risk Became ‘Everyone’s Risk’ in 2022: WTW
Last year saw political risk transform from a low-frequency, high-severity peril into "everyone's risk," according to a new report. WTW's 2023 Political Risk Survey found that 92 percent of ...
Juul to Pay $462 Million to Six States, D.C. Over Youth Addiction Claims
E-cigarette maker Juul Labs Inc. has agreed to pay $462 million over eight years to settle claims by six U.S. states including New York and California, along with the District of Columbia, that it ...
Executives on the Move at Everest Re, Sompo International, Guidewire
Everest Re Group has appointed Mike Mulray as executive vice president and president of North America Insurance, effective immediately. Mulray will lead all aspects of North America, the Insurance ...
Amazon Worker Injuries Dipped Last Year, but Higher Than 2020
Amazon's total injury rate for warehouse workers took a dip last year, but injuries were still worse than they were in 2020, according to an analysis released Wednesday by a coalition of labor ...