U.S.
Lloyd’s Terminates Ties With All NRA Insurance Programs
Lloyd's of London has directed its underwriters to terminate any insurance programs they have with the National Rifle Association (NRA) and to not enter into any new ones. "The Lloyd's Corporation ...
Uh-Oh, VW: Two Million Diesel Car Owners Could Join Class Action Suits
Around two million diesel car owners in Germany could join class action lawsuits to seek compensation from Volkswagen, Justice Minister Katarina Barley said on Wednesday. The German cabinet approved ...
The Latest Launches From Great American, Generali and XL Catlin
Great American Insurance Group is working with another party to launch a national coverage program for repair shops in the U.S. focused on antique and classic car restoration. Generali's Global ...
Calif. Insurance Commissioner Ran Climate-Related Stress Test on Insurers
California Insurance Commissioner Dave Jones ran a "stress test" on the state's largest insurers, something that he claims is the first done by U.S. financial regulators to focus on climate-related ...
AIG CEO Duperreault’s $43M Pay Package Gains Shareholder Approval
American International Group Inc said shareholders approved a $43.1 million pay package for 2017 for Chief Executive Officer Brian Duperreault during the company's annual meeting on Wednesday. A ...
Insurers, Other Investors Ignoring #MeToo Risks Among Fund Managers
Investors are failing to ask fund managers about sexual misconduct claims and discovering such evidence wouldn't necessarily deter them from committing capital to firms, an industry group found. In ...
Nationwide Makes Strategic Investment in InsurTech Startup Betterview
Nationwide said its venture arm has made a strategic investment in Betterview, a machine learning InsurTech startup that focuses on capturing and analyzing data from drones, satellite and other ...
Europe’s Regulators Say They Aren’t Ready for Sweeping New Data Privacy Law
Europe's General Data Protection Regulation (GDPR) has been billed as the biggest shake-up of data privacy laws since the birth of the web. There's one problem: many of the regulators who will police ...