PRESS RELEASE
Apr 15, 2021 08:29 AM (EDT)
Four U.S. life/health insurance company impairments occurred in 2020, down significantly from 10 in the prior year, according to a new AM Best special report.
ANNUAL REPORTS
Apr 16, 2021 01:57 PM (EDT)
After what he called an “unprecedented year” in 2020 thanks to the COVID-19 pandemic, Chubb Ltd.’s chief executive officer said climate change and legal issues are also among a number of challenges the group and the industry will confront in 2021.
Apr 14, 2021 10:34 AM (EDT)
Seven insurance company impairments were identified in the U.S. property/casualty industry in 2020, six less than in the previous year, with all placed into insolvent liquidation, according to a new AM Best special report.
FINES AND PENALTIES
Apr 14, 2021 01:45 PM (EDT)
National Securities Corp. will pay a $3 million fine to New York for violations of the state’s cybersecurity regulation, which caused the exposure of customer personal data, following multiple cyberbreaches.
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