News
Federal Judge Approves $85M Settlement in Zoom Case
A federal judge in California approved an $85 million settlement between Zoom Video Communications and millions of users who said the teleconference meeting application violated their privacy rights ...
U.S. Companies Warn China’s Data Rules Risk Creating ‘Digital Island’
China's "uniquely restrictive" data laws risk boosting U.S. firms' cost of doing business in the No. 2 economy and could lead to digital decoupling, a new report from an American business group ...
Small Businesses Are Burning Out: Survey
According to a recent survey by Next Insurance, small businesses are feeling stressed and frustrated by the state of the economy and inflation. Only 29 percent of respondents said they felt ...
The Latest Launches from Palisade Insurance Partners, Resilience, Branch
Palisade Insurance Partners LLC, an independently operated specialty managing general underwriter, announced the launch of its business to provide a range of contingent legal risk insurance and other ...
Risk Alerts: Gun Liability, Subpar Building Codes, Copycat Packaging
In this edition of Risk Alerts: the shifting gun liability landscape, outdated building codes, and how copycat packaging is leading to accidental THC ingestion—especially in children. Gun ...
ESG, Invasion of Ukraine Focus of Marsh McLennan Earnings Call
Much attention was paid to ESG (environmental, social and governance) issues and the Russian invasion of Ukraine as Marsh McLennan reported the highest first-quarter underlying growth in more than 20 ...
Say Goodbye to Collateral Requirements for Non-U.S. Reinsurers
Financially strong EU and UK reinsurers will finally see the end of collateral requirements for business they write in the United States—changes that have been more than 20 years in the making. ...
RLI Combined Ratio Dips Below 80 for First-Quarter 2022
A sub-100 combined ratio is what publicly traded property/casualty insurance carriers strive to report. The sub-90s combined ratios that many carriers reported in 2021 are even better. A sub-80? That ...