Archive

  • US insurance executive sentenced to over seven years in bribery case

    21 August 2020

    Greg Lindberg was also fined $35,000 for his role in the scandal

  • NAIC highlights big data as driver of insurance sector inequality

    17 August 2020

    Participants at NAIC race and insurance session say big data is perpetuating racial disparities

  • US judge issues landmark Covid-19 physical loss ruling

    13 August 2020

    The decision is the first of its kind to favour plaintiffs involved in BI litigation

  • Ralph Lauren sues FM Global over $700m BI policy

    12 August 2020

    Luxury retailer says insurer is aiming to defraud policyholders with limited pandemic coverage

  • Racial equality is overwhelming message at NAIC meeting

    11 August 2020

    President Ray Farmer calls 2020 a moment of historical inflexion, commits NAIC to change

  • Equality in insurance: what actions beyond the words?

    10 August 2020

    The US insurance sector was quick to state its support for black lives after George Floyd's death resonated across communities worldwide. It has a questionable history of action on racial inequality, but are things about to change? Sarfraz Thind reports

  • NAIC still failing to address racial bias in underwriting

    06 August 2020

    Use of AI and other data penalises minorities, says CEJ's Birny Birnbaum

  • Manulife boosts earnings from underwriting profits in Q2

    06 August 2020

    Favourable underwriting experience and seed investment profits help drive growth

  • MetLife Q2 earnings hit by lower sales and PE losses

    06 August 2020

    Underwriting premiums and fees down 13% from 2019

  • Prudential Financial posts $2.4bn loss in Q2, as investment losses mount

    05 August 2020

    Company reprices interest rate expectations, moves to less rate-sensitive products