D&O prices decline in third quarter
Aon PLC’s clients saw a 14.7% adjusted decrease in the average price per million for their directors and officers liability…
Month: October 2022
Berkley not obligated to defend hotel charged in sex trafficking
A W.R. Berkley unit does not have to defend or indemnify a hotel charged with harboring sex traffickers under an…
Brit names new CEO as Wilson steps down for health reasons
London-based insurer and reinsurer Brit Ltd., a unit of Fairfax Financial Holdings Ltd., on Monday named Martin Thompson as Group…
Ruling against performing arts center in coverage dispute largely upheld
An Odyssey Group Holdings Inc. unit does not have to pay the bulk of damages incurred by the partial collapse…
SEC awarding more than $10M to whistleblower
The U.S. Securities and Exchange Commission said Monday it is awarding more than $10 million to a whistleblower who provided…
Halloween homeowners’ stunt nothing to snicker about
Oh, what would a trick-or-treater do for a full-size Snickers bar? Not vandalize your house? Maybe. Lemonade digital insurance company…
CNA profit halves in third quarter
CNA Financial Corp.’s third-quarter profit fell by 50% from the year-earlier period to $128 million on the back of investment…
In Australia, a hacking frenzy spurred by an undersized cybersecurity workforce
(Reuters) — A swath of hacks on some of Australia’s biggest companies has made the country a target for copycat…
Verisk to sell Wood Mackenzie unit to PE firm Veritas for $3.1B
(Reuters) — Verisk Analytics Inc. said on Monday it had agreed to sell its energy research and consulting unit Wood Mackenzie to private equity firm Veritas Capital for $3.1…
Cyber officials to meet on ransomware in Washington
(Reuters) — The White House will host officials from 37 countries and 13 global companies in Washington this week to address…