U.S.
Q3 Natural Catastrophe Losses Bearable Even as COVID-19 Hits Keep Growing: Fitch
As the U.S. P/C Industry gears up for 2020 third quarter earnings disclosures, indicators point to an elevated number of natural catastrophe losses, Fitch Ratings said in a new market update. Fitch ...
Insurance Acquisition Corp. Launches IPO After Completing Shift Auto Retailer Deal
Shares of Shift Technologies Inc. fell 6.7% in their Nasdaq debut on Thursday after the online used-car seller went public through a reverse-merger deal with blank check firm Insurance Acquisition ...
FCC Pledges to Clarify Key Social Media Legal Protections
Federal Communications Commission chairman Ajit Pai said Thursday the agency will move forward to set new rules to clarify the meaning of a key legal protection for social media companies. The ...
Guaranteed Income Benefit in Retirement Plan Could Be ‘Wow Factor’ When Hiring
Employers looking to "wow" current and prospective employees should consider offering a guaranteed income option within their retirement plan, according to new research from Lincoln Financial Group. ...
Executives On The Move at AXIS Re, Lockton Re and Earnix
AXIS Re made two new underwriting hires to expand its North America Casualty team. Lockton Re hired a Senior Broker to be part of its Marine & Energy Division. Earnix, a provider of advanced ...
Employers Believe They Promote Healthy Mental Health Discussions, but Workers Disagree: The Hartford
Most employers feel they encourage healthy discussions about mental health, but a large number of their employees feel differently, a new study from The Hartford has concluded. The Hartford Found 68 ...
Pirate Kidnappings Soar in Waters off the West African Coast
The number of kidnappings reported off the West African coast in the year through September is 40% higher than the same period in 2019, according to the International Maritime Bureau. Piracy ...
Berkshire Hathaway Alleges Law Firm Aided $756M M&A Fraud
A unit of Warren Buffett's Berkshire Hathaway Inc. claims a top international law firm helped German piping component maker Wilhelm Schulz GmbH fraudulently conceal its disastrous finances before its ...