The latest iteration of the Semi-Annual U.S. Insurance Labor Market Study conducted by The Jacobson Group and Aon plc found 90% of respondents intend to increase or maintain staff size in 2024.
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Insurers’ LNG Support at Odds with Their Climate Ambition, Report Says
The underwriting of liquefied natural gas (LNG) capacity in the US by major global insurers is at odds with their climate ambition, according to a report from activist groups including Public Citizen and Rainforest Action Network.
Aon’s $13.4B Acquisition of NFP Clears Regulatory Hurdle
Aon plc and U.S. middle market property/casualty broker NFP Corp. cleared a regulatory hurdle in Aon’s proposed $13.4 billion acquisition of NFP as a waiting period expired under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976.
Senate Report Blasts High-End Life Insurance Plans as $40B ‘Tax Dodge’
Specialized life insurance plans offered only to the wealthiest Americans are a vehicle for dodging billions in taxes, a Senate report released Wednesday charged.
Communications Expert Tapped to Lead INSTANDA’s Content Team
INSTANDA, the global provider of no-code insurance platform technology, today announced Emma Plummer to serve as the organization’s first in-house global content manager.
Man Sues Powerball After Being Told $340M Win Was a ‘Mistake’
A man is suing Powerball and the Washington D.C. Lottery after being denied his $340 million prize, being told that the lottery’s website had made a mistake, despite his winning numbers showing up on the website, according to reports.
Biden Seeks to Bolster Port Cybersecurity with Executive Order
President Joe Biden will sign an executive order designed to implement new cybersecurity requirements for the nation’s port owners and operators amid growing concerns that hackers could roil crucial supply chains.
As Home Insurance Bills Go Up, Owners’ Coverage Is Going Down
Frequent natural disasters and high inflation have led insurers to raise premiums, and forced many customers to pare back their policies.
Insureds Need to Be Aware of Potential Insurance Gaps When Using AI: Munich Re
Global reinsurance giant Munich Re has highlighted how AI exposures within traditional insurance policies possess the ability to become a significant unexpected risk to insurers’ portfolios.
Tech Companies Sign Accord to Combat AI-Generated Election Trickery
Major technology companies signed a pact to voluntarily adopt “reasonable precautions” to prevent artificial intelligence tools from being used to disrupt democratic elections around the world.