Industry News
AIG Considers Cutting Insurance for Russia, Ukraine
AIG, one of the world's biggest commercial insurers, is considering cutting cover for Russia and Ukraine to shield itself from the risk of hefty claims as sanctions ratchet up and the war drags on, ...
Chubb’s Greenberg: On War, Ex-CAT Reporting and Insurance Profits
When Chubb published its 2021 annual report online this week, it contained more than the details of the best year in the company's history. As in past years, the chief executive commented on world ...
10 Startup Tech Firms Qualify for New York’s Innovation Lab 2022
Ten emerging technology companies have been selected to participate in the 2022 FinTech Innovation Lab New York, setting them up for a 12-week program working with financial services and venture ...
The Hartford Sets Net-Zero Goal for All Operations by 2050
The Hartford has set a goal to achieve net-zero greenhouse gas emissions (GHGe) for its full range of businesses and operations by 2050, in alignment with the Paris Climate Accord. This goal is in ...
The Latest Launches from CFC, Rokstone CRU, Monitaur
CFC, a specialist insurance provider with a focus on emerging risk and cyber, unveiled its revamped policies for tech and media companies. CFC's revised wordings cover the full range of exposures for ...
19 Named Storms Predicted by CSU Team; 70% Chance Major Hurricane Hits U.S.
Researchers at Colorado State University are predicting a very active 2022 Atlantic season, with 19 named storms. The average for named storms during the Atlantic hurricane season (June 1 through ...
Palisade Insurance Partners Launches Specialty MGU
Palisade Insurance Partners LLC, an independently operated specialty managing general underwriter (MGU), has launched to provide a range of contingent legal risk insurance and other specialty ...
Supreme Court Removes an Obstacle to Malicious Prosecution Lawsuits
The U.S. Supreme Court on Monday eliminated one of the hurdles facing individuals looking to sue for being falsely accused of crimes. In Thompson v. Clark, a majority (6-3) of the high court not only ...