News
UK Official Warns EU Risks Forcing Chaotic Brexit Without a Deal
British Foreign Secretary Jeremy Hunt said the U.K. will not "blink" in Brexit negotiations, as he warned the European Union it risks forcing the country to crash out of the bloc with no deal. On his ...
Children’s Climate Lawsuit Beats Back Trump Administration Appeal
A federal appeals court on Friday rejected the Trump administration's renewed bid to dismiss a lawsuit by young activists who say it is ignoring the perils of climate change. By a 3-0 vote, the 9th ...
Commercial Auto: Profitability Issues Remain, But There’s Light at the End of Tunnel
Despite insurers' best efforts to increase rates to compensate for losses, commercial auto continues to be an unprofitable line. In less than a decade, despite continued increases in premiums, two ...
Greenlight Re’s First-Ever Chief Operating Officer to Step Down for Personal Reasons
Greenlight Capital Re, known informally as Greenlight Re, is losing its chief operating officer after he joined the company less than a year ago. The specialist property/casualty reinsurer disclosed ...
Focused Recruitment, Mentoring Can Help Reduce Shortfall of Female Insurance Execs: White Paper
Women are now a large part of the insurance industry workforce in general, but they remain a sparse presence among board seats and top executives, according to a new industry group white paper that ...
Cybersecurity Ranks as Highest D&O Liability Worry: Willis Towers Watson
Cybersecurity is the top directors and officers (D&O) liability concern for organizations today, while claims brought by employees, including claims for harassment or discrimination, and ...
For 7 Years Running, U.S. Commercial Auto Remains a Money-Loser: Fitch Ratings
U.S. commercial auto insurance remains a trouble spot for carriers even with ongoing attempts to reverse stubborn underwriting losses, Fitch Ratings said in a new report. As a result, Fitch is ...
U.S. Regulator Calls for Greater Disclosure of Power Grid Cyber Attacks
The U.S. government on Thursday asked power generators to disclose more information about cyber attacks amid growing concern that foreign hackers could disrupt the electric grid. The Federal Energy ...