When interest rates fell to near zero after the financial crisis, dozens of life insurers boosted costs for longtime policyholders, seeking to improve results as their investment income fell.
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USAA Tells Staff, Your Remote Job Is No Longer Remote
USAA reclassifies some remote employees as many employers step up in-office requirements.
Harford Mutual Insurance Group Announces Merger Plan with ClearPath Mutual
Harford Mutual Insurance Group announces its plan to merge into the Group, ClearPath Mutual Insurance Company, a monoline workers’ compensation carrier in Louisville, Kentucky.
EEOC Sues Exxon for Discrimination After Nooses Found at Plant
Exxon Mobil Corp was sued for racial discrimination by a U.S. federal agency on Thursday, with charges alleging that the oil major failed to protect workers from harassment.
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IICF Media Roundtable Gathers Insurance Leaders for Discussions on Charitable Giving, Impact of Global Initiatives
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Biden National Cyber Strategy Seeks to Hold Software Firms Liable for Lack of Security
The Biden administration said it would pursue legislation to hold software companies accountable for selling technology that lacks cybersecurity safeguards.
Transactional Risk Insurance Remains Critical Enabler in De-risking Deals in M&A Environment: Marsh
Marsh released a report which highlights the continued rise of transactional risk insurance as a mainstream feature of mergers and acquisitions (M&A) worldwide.
Judges Nixes Shareholder Claims Against McDonald’s Directors
A Delaware judge dismissed claims against McDonald’s directors in a shareholder lawsuit challenging the handling of sexual harassment incident.
Westfield Unveils MissionSafe® Safe Driving Rewards Program
Westfield introduced MissionSafe®, a new safe driving rewards program that gives eligible personal auto insurance customers feedback on their driving.