Signs are mounting that credit is drying up in pockets of the economy at a worrisome rate.
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PLM Raises Over $140,000 Benefiting the St. Baldrick’s Foundation
Pennsylvania Lumbermens Mutual Insurance Company (PLM) raised over $140,000 for childhood cancer research during their head-shaving fundraiser benefiting the St. Baldrick’s Foundation.
Political Risk Loss Frequency Surges in 2022
Nine out of ten companies have suffered a political risk loss in the past year, transforming political risk from a low frequency, high severity peril into “everyone’s risk,” according to “How Are Global Businesses Managing Today’s Political Risks,” a new report by WTW.
CFPB Says Staffer Sent 250,000 Consumers’ Data to Personal Account
A Consumer Financial Protection Bureau employee forwarded to a personal email account confidential information on thousands of consumers and dozens of financial firms.
Travelers Shares Up 6% After 1Q Earnings Gains, Dividend Increase
Travelers Cos. Inc. posted first-quarter earnings marked by a nearly one-billion-dollar uptick in revenue and raised its quarterly dividends.
Marsh McLennan 1Q 2023 Results Off to a Great Start
Marsh McLennan today reported financial results for the first quarter ended March 31, 2023.
Did Google’s Rush to Win in AI Lead to Ethical Lapses?? Employees Say Yes.
Google’s Bard is providing low-quality information in a race to keep up with the competition, while giving less priority to its ethical commitments, according to 18 current and former workers at the company.
Allstate Estimates Catastrophe Losses for Q1 at $1.69B
According to Allstate, catastrophe losses in the first quarter of 2023 will total $1.69 billion, pre-tax, with losses of $1.17 billion.
Surplus Lines Market: An Overview
The Surplus Lines Market in the U.S. is unique, complex, and dynamic. Unlike the heavily regulated traditional insurance market, the surplus lines market is less regulated and operates under different rules.
Origin Specialty Underwriters Announces Executive Transitions and Appointments
Origin Specialty Underwriters, a leading national MGA in the restaurant and hospitality space and member company of the Beyond Risk group of companies, announced today the following transitions and appointments in its executive management team: