Congress News
Congress Is Exploring the Idea of Federal Reinsurance for Cyber-Terrorist Attacks
A research arm of Congress is studying the costs of cyber attacks on the U.S. infrastructure and whether the backup provided by the federal Terrorism Risk Insurance Program (TRIP) is adequate for ...
Chubb CEO Greenberg on COVID Loss Predictions, Cyber and Rioters
COVID-19-related underwriting losses for the property/casualty insurance industry remain on track to reach as high as $80 billion, Chubb Chairman and CEO Evan Greenberg said in a sober assessment of ...
Chubb, Liberty Mutual, Travelers Put Political Donations On Hold
Major U.S. insurers on Wednesday decided to suspend contributions to political campaigns for the next few months, following last week's violence at the U.S. Capitol and challenge to President-elect ...
Chubb CEO Greenberg Condemns Trump Rally Violence and ‘Demagoguery’
Over the last four years, Chubb CEO Evan Greenberg has railed against U.S. President Donald Trump's actions and his administration's policies. Jan. 6 was no different. After a Trump rally spurred a ...
Goosehead Insurance Axes Employee Involved in Storming of Capital
Texas-based personal lines insurance agency Goosehead Insurance has fired an employee who participated in the storming of the Capitol on Jan. 6. According to a posting on Goosehead's Twitter account, ...
AIG, Marsh, Travelers CEOs Among Corporate Leaders Urging Quick Biden Election Certification
Several leaders of the insurance industry joined nearly 200 New York corporate executives in a letter urging members of Congress to certify the election of Joe Biden as President without delay this ...
Bipartisan COVID-19 Plan Separates Coronavirus Liability Protections, State Aid
A bipartisan group of lawmakers released proposed Covid-19 relief legislation that may provide momentum for breaking a months-long impasse, by separating out coronavirus liability protections and ...
APCIA 2021 Lobbying Priorities: Pandemic, Social Inflation, Disaster Mitigation and More
Despite the ongoing coronavirus pandemic, insurance industry lobbyists such as Nat Wienecke of the American Property Casualty Insurance Association have continued to do their jobs. Like most of us, ...