Auto Insurance Claims Satisfaction Continued to Rise During Pandemic October 22, 2020 Having fewer auto insurance claims during the coronavirus pandemic appears to have given insurers time to refine their customer experience...
Insurity Acquires Billing Services Firm Bill It Now October 22, 2020 Insurance systems and data firm Insurity announced it has acquired Bill It Now, a cloud-based billing-as-a-service for insurers, managing general...
AM Best’s Estimates for U.S. Insurers’ Asbestos & Environmental Losses Unchanged October 22, 2020 AM Best said its estimates of $100 billion in asbestos losses and $46 billion in environmental losses for the U.S....
Self-Driving’s Latest Turn: GM’s Cruise Seeks OK for Cars Without Steering Wheel, Pedals October 22, 2020 By Jane Lanhee Lee and David Shepardson Self-driving car maker Cruise said on Wednesday it and majority shareholder General Motors Co. would seek U.S. regulatory approval in...
FCC Says It Has Authority to Change Social Media Liability Shield October 22, 2020 By David Shepardson The top lawyer at the U.S. Federal Communications Commission (FCC) said Wednesday the telecommunications regulator has legal authority to redefine...
1 in 4 Businesses Has Experienced Cyber Event, Travelers Survey Finds October 22, 2020 By Elizabeth Blosfield Nearly one in four respondents (22%) out of more than 1,200 business leaders surveyed in 2020 Travelers’ Cyber Risk Index...
Cryptocurrency Exchange Bitstamp Adds Lloyd’s-Backed Crime Insurance Policy October 22, 2020 Bitstamp, a cryptocurrency exchange, has expanded the insurance offered to its customers with an additional crime insurance policy. The crime...
Purdue Pharma to Plead Guilty Over Opioid Practices; Critics Balk at Terms October 21, 2020 By Mike Spector Purdue Pharma LP agreed to plead guilty to criminal charges over the handling of its addictive prescription opioid OxyContin, in...
RSG Underwriting Managers Names Wuller Executive Vice President October 21, 2020 Ryan Specialty Group (RSG) announced the appointment of Miles Wuller as executive vice president of RSG Underwriting Managers, the managing...
Election Security: Retailers Board Up Stores Amid Fears Over More Civil Unrest October 21, 2020 By Lisa Baertlein, Richa Naidu and Nivedita Balu This time last year, shoppers on Chicago’s Magnificent Mile were waiting for Louis Vuitton to debut its whimsical holiday window...