U.S.
Lloyd’s Abandons Plan for Proprietary Electronic Exchanges in Favor of Outside Vendors
Lloyd's of London has dropped ambitious plans to set up its own electronic exchanges and will work with other existing platforms to speed up the underwriting process and cut costs, the commercial ...
Executives On The Move at AXIS and AGCS
AXIS Insurance hired three new lead underwriters within its U.S. Cyber and Technology team. Allianz Global Corporate & Specialty (AGCS) appointed a former Generali executive as the new regional ...
More Work-From-Home Injury Claims Possible After N.Y. Appellate Ruling
A ruling by a New York appellate court could bring more workers compensation claims by work-from-home employees by removing strict compensability standards established last year by the state Workers' ...
Bayer Risks Resumption of U.S. Roundup Suits After Failing to Settle Cases
Bayer AG failed to settle outstanding U.S. Roundup lawsuits by Monday, the deadline set by a judge who has said he'll resume federal trials over claims the weedkiller caused consumers' cancer. Ahead ...
Russia-Based Ransomware Group Reportedly Poised for More U.S. Hospital Attacks
A Russia-based ransomware group responsible for a new wave of attacks against U.S. hospitals is laying the groundwork to cripple at least ten more, according to the cyber-security firm Prevailion ...
Kemper’s Produces Relatively Steady Q3
Kemper Corp's Q3 net income dipped slightly, though that decline would have been worse if not for after-tax gains in assessments and investments. The company reported $122.3 million in net income ...
Federal Judge Dismisses Amazon Warehouse Workers’ COVID-19 Safety Lawsuit
A federal judge dismissed New York warehouse workers' lawsuit against Amazon, ruling that their allegations about the company's handling of the COVID-19 pandemic should have been brought to the ...
Executives On The Move at AXIS, Chubb and Kemper
AXIS hired four new underwriters for its U.S. Management Liability team. Chubb named a new chief underwriting officer for its International Accident & Health unit. Kemper Corp.'s board of ...