Threat of Crackdown on U.S. Insurers Fades as Political ‘Blue Wave’ Sputters

P&C underwriting performance improves except Person Lines

Insurers appear to have dodged a revival of strict regulations and policy upheavals after an anticipated Democratic “Blue Wave,” which would have allowed progressives to push for broad reforms, failed to materialize on Wednesday, said industry executives. The U.S. presidential election result was on a knife-edge on Wednesday, with Republican President Donald Trump and Democratic… Continue reading Threat of Crackdown on U.S. Insurers Fades as Political ‘Blue Wave’ Sputters

U.S. Businesses Splurge on Insurance to Protect Against Post-Election Chaos

Shop window broken by riots in Chile

Retailers, pharmacies, liquor stores and other merchants across the United States are gobbling up insurance that protects buildings from damage caused by societal unrest, worried about possible street violence after the U.S. presidential election, insurers and brokers told Reuters. Many shops and offices are facing double-digit premium hikes for such policies but buying them anyway… Continue reading U.S. Businesses Splurge on Insurance to Protect Against Post-Election Chaos

Key Lawmaker Eyes Pre-Election Changes to Tech Liability Shield

close up on man hand holding smartphone with futuristic of social media marketing icon for internet network technology and business concept

Representative Jan Schakowsky has asked her staff to examine changes to a liability shield that protects tech platforms such as Facebook Inc. from lawsuits because of her concerns about how fake information could be used in the 2020 presidential election. The Illinois Democrat, who chairs a House subcommittee on consumer protection and leads the chamber’s… Continue reading Key Lawmaker Eyes Pre-Election Changes to Tech Liability Shield