Regulation & Compliance
SEC Climate Disclosure Seen Triggering Flood of Lawsuits
The U.S. Securities and Exchange Commission may make corporations reveal more about climate risks in key regulatory filings, a push that Wall Street and the biggest tech companies say will lead to a ...
EU to Update Workplace Safety Rules to Address Remote Work, Mental Health
The European Commission plans to update its rules on worker safety to reflect the shift millions employees made to working from home during the COVID-19 pandemic and to reflect the anticipated ...
Title Insurer Settles SEC Charges On Cyber Controls, Pays Nearly $0.5M
Last week, the Securities and Exchange Commission announced the resolution of charges against First American Financial Corporation alleging lax cybersecurity controls and procedures, with the federal ...
New Florida Law on Reinsurance Becomes Effective July 1
A newly-enacted Florida law revises reinsurance statutes, providing insurers with credit for reinsurance and eliminating additional collateral requirements for a reinsurer if it is domiciled in a ...
CEO Views: Successes and Failures in Dealing With Pandemic Challenges
As insurance professionals prepare for mask-free life and opportunities to exchange ideas in person, industry leaders took the virtual stage again at a midyear conference, recounting industry lessons ...
SCOTUS Revives LinkedIn Bid to Prevent Rival From Harvesting Personal Data
The U.S. Supreme Court on Monday gave Microsoft Corp's LinkedIn Corp another chance to try to stop rival hiQ Labs Inc from harvesting personal data from the professional networking platform's public ...
Insurers Could Spend $20B to Implement New International Financial Reporting Standard: WTW Survey
Global insurers face a hefty price tag to implement a new international financial reporting standard, according to a new Willis Towers Watson survey. The global insurance industry will spend between ...
Federal Lawmakers Probing CNA Ransom, Cyber Insurance Payouts
Late last week, federal lawmakers requested information from Chicago-based insurer CNA about a March 21 cyber attack on the company and about a reported $40 million ransom CNA paid to end the ...