Pending Home Sales Dip 1.0 Percent in February

(Washington, WA – Insurance News 360) – On March 28, the National Association of Realtors announced that pending home sales dropped by one percent during the month of February. The forward-looking Pending Home Sales Index dropped from 102.9 in January to 101.9 in February, marking the 14th straight month of annual decreases, as year-over-year contract […]

Lloyds reports 2018 aggregated market results

(London – Insurance News 360) – On March 27, Lloyd’s released the 2018 annual report, which announced an aggregated market loss of 1.0bn for 2018, which is half of what the aggregated market loss was in 2017. Other key figures to note are: An increase of £1.9bn in gross written premiums in 2018 (£35.5bn in […]

Lloyds of London commits to creation of safe, inclusive work environment.

(London – Insurance News 360) – On March 26, executives at Lloyds announced a robust plan of action to handle reports of sexual harassment in the market and create an inclusive working environment where employees feel safe. Working with the Lloyds Market Association, and the London and International Insurance Brokers Association, the Lloyd’s Board and […]

Two whistleblowers receive $50 million from SEC

(Washington D.C. – Insurance News 360) – On March 26, the Securities Exchange Commission announced $50 million in awards to two whistleblowers. One individual received the third largest award to date – $37 million. The second received a $13 million reward. “Whistleblowers like those being awarded today may be the source of ‘smoking gun’ evidence […]