U.S.
Workplace Vaccine Mandates to Surge by Q4: Willis Towers Watson Survey
More than half of U.S. employers could make vaccines mandatory for their workers by the fourth quarter, according to a new survey by insurance broker Willis Towers Watson. The survey, conducted Aug. ...
For Now, No Need for a Federal Cyber Reinsurance Backstop: CM Webinar Preview
Business owners need guidance rather than a federal reinsurance backstop to help them navigate an increasingly volatile cyber insurance market, a panel of experts said recently. "I don't think a ...
Allianz Investment Funds Under Investigation in Germany
German regulators have launched an investigation into the country's biggest financial company, Allianz, after the demise of some of its U.S. investment funds last year, people with direct knowledge ...
Old-School Carriers Are Joining Digital Exchanges, Adding Twist to Marketplace Competition
Major U.S. insurers are joining new digital exchanges to sell not only their own policies but also those of rivals, a fresh twist in an industry known for fierce competition. The powerful new ...
AM Best Assigns Rating to InsurTech Next Insurance
AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of "a-" (Excellent) to startup Next Insurance US Co., headquartered in Palo Alto, California. ...
Pushing Boundaries: NFTs as the Fine Art Market’s Next Frontier
As anyone who works in insurance knows, technology is powerful enough to transform any industry. And the fine art market is no exception. "I think it's the nature of the art world to constantly be ...
AIR Worldwide Estimates Insured Losses for Hurricane Ida Could Be Up to $25B
Insured losses to onshore property resulting from Hurricane Ida's winds and storm surge will range from $17 billion to $25 billion, according to estimates from modeling firm AIR Worldwide. AIR's ...
Traffic Deaths Up 10.5% in First Three Months of 2021
New data shows a sustained increase in U.S. traffic deaths that regulators ascribe to impaired driving, speeding, a failure to wear seat belts and other unsafe behavior since the start of the ...