News
U.S. Govt. Wants Appeals Court to Immediately Lift Stay on COVID Workplace Vaccine Rule
The U.S. government asked a federal appeals court to immediately lift a court-ordered stay on a sweeping workplace COVID-19 vaccine rule to avoid "enormous" harm to public health, or alternatively to ...
Guy Carpenter and Marsh to Combine South Africa Facultative Reinsurance Businesses
Reinsurance broker Guy Carpenter and insurance broker Marsh, both businesses of Marsh McLennan, said they are combining their South Africa facultative reinsurance operations into a single business, ...
Climate Change Could Fuel Larger Atmospheric Rivers
Atmospheric rivers of the kind that drenched California and flooded British Columbia in recent weeks will become larger -- and possibly more destructive -- because of climate change, scientists said. ...
Resilience Cyber Raises $80M to Fund Further Expansion Into Middle Market
Resilience, which offers cyber insurance and security solutions, reported that that it closed an $80 million Series C funding round as it plans for further middle market expansion and international ...
Swiss Re Joins China’s Baidu to Develop Insurance for Autonomous Driving
Swiss Re and Chinese tech giant Baidu are teaming up to further develop the autonomous driving industry, announced Swiss Re. The partnership between Swiss Re and Baidu aims to further develop the ...
Underwriting Management: The Core System You’ve Been Missing
When we say "core systems" in our industry, we are typically referring to the critical software applications that are core to an insurer's business operations, mainly the policy, claims and billing ...
Hard Market Moderating; Rate Decreases Possible By Q2: Report
While the hard market is continuing at "a tempered pace," with continued deceleration of price increases for many commercial insurance lines, "in Q2 we might even begin to see rate decreases," a ...
State High Court Slams Insurer for Forum Shopping in Opioid Case
The West Virginia Supreme Court has decided that a trial court has the authority to reach across the continent and halt an insurance carrier's litigation in California, a move that could affect other ...