The U.S. Supreme Court on Monday sidestepped a chance to further expand religious rights, turning away two cases in which employees accused companies of violating federal anti-discrimination law by insufficiently accommodating requests for time off to meet religious obligations. The …
The U.S. Supreme Court handed Alphabet Inc.’s Google a major victory on Monday, ruling that its use of Oracle Corp.’s software code to build the Android operating system that runs most of the world’s smartphones did not violate federal copyright …
CNA Insurance said it continues to make progress in restoring its operations following a March 21 cyber attack. Today it announced that cna.com, including CNA Central and cnasurety.com are back online. This means that CNA’s small business agents and brokers …
Insurance carrier mergers and acquisitions could reach historic levels in 2021 based on early indications from a robust first quarter, according to a new Standard & Poor’s report. U.S. and/or Bermuda based acquirers or acquisition targets achieved an aggregate deal …
New York remains extremely active in the cybersecurity and data protection arena. During its current legislative session, New York is considering a proposed privacy bill that would greatly enhance consumer privacy rights, increase business obligations and create new litigation/enforcement exposure. …
Zurich Insurance Group said it will be taking further, deeper steps to help curb carbon emissions in line with the Paris Agreement’s goals to limit global warming. Targets will include its own internal operations, companies it invests in and businesses …
Pandemic-related losses in 2020 were substantial for London market insurers and offset most underwriting and investment returns, according to a report published by Fitch Ratings. The main drivers of losses were event cancellations and business interruption policies, with the impact …
This wrap-up of International People Moves details recent appointments at Guy Carpenter, Chord Re, and Everest Re. A summary of these new hires follows. Guy Carpenter Reinsurance broker Guy Carpenter & Co. announced the appointment of Sebastian Cook as managing …
The American Family Insurance group has announced leaders in several new and existing key positions. Jessie Stauffacher, president and CEO of CONNECT, powered by American Family Insurance, and Telisa Yancy, chief operating officer of American Family Insurance, will be promoted …
The blockage of the Suez Canal is likely to lead to large reinsurance claims, adding to upward pressure on marine reinsurance rates, James Vickers, chair of reinsurance broker Willis Re International, told Reuters. Formal investigations began this week into how …