News
Hurricane-Damaged Louisiana Skyscraper Is Finally Imploded, Highlighting Recovery Delays
An abandoned, 22-story building in Lake Charles, La. — once an icon in the city that became a symbol of destruction from hurricanes Laura and Delta — was imploded Saturday after sitting vacant ...
Zurich, Marsh McLennan Call for Public Partnerships to Close Cyber Gaps
A new report from Marsh McLennan and Zurich titled "Closing the cyber risk protection gap" is calling for a closer collaboration between the insurance industry and the public sector as cyber ...
Brokerage Giants Aon, Marsh Unite In Call for Industry Aid to Ukraine
Highlighting the existence of blanket exclusions in reinsurance contracts for risks originating in the region impacted by the ongoing Russia Ukraine conflict, Aon and Marsh McLennan are jointly ...
NICB, CPB Partner to Stop Export of Stolen Vehicles
With new vehicle theft trends emerging, including the rise of stolen vehicles being exported out of the United States, the National Insurance Crime Bureau (NICB), a not-for-profit organization aimed ...New York State Law Mandates Panic Buttons for Large Retailers
New York Governor Kathy Hochul on Thursday signed a new law requiring retailers to boost safety protections for store workers, including requiring major chains to add panic buttons in all New York ...
No Enforcement of Business-Created California Gig Worker Law
Nearly four years after California voters approved better wages and health benefits for ride-hailing drivers and delivery workers, no one is actually ensuring they are provided, according to state ...
Hard Market ‘Supercycle’ Likely to Be Prolonged: Lloyd’s CEO Neal
Now that the market has achieved a first-half profit of £4.9 billion with a combined ratio of 83.7—its best interim results in 17 years—does this mean the hard market cycle is ending? During a ...
Fitch Ratings Shifts Global Re Outlook to Neutral; Pricing Past Peak
Fitch Ratings announced that it shifted its outlook on the global reinsurance sector to neutral yesterday but the downward shift came with an expectation of continued profitability—and a forecasted ...