AIG and P/C Underwriting Post Profit for Q4 February 13, 2020 American International Group reported fourth quarter 2019 net income of $922 million compared to a net loss of $622 million...
Insurance Comparison Site SelectQuote Plans IPO: Reuters February 13, 2020 By David French SelectQuote has hired investment banks for an initial public offering (IPO) that could value the owner of the eponymous insurance...
Report: 2019 Was 7th Year in Last Decade with 10 or More Disasters of $1B-Plus February 12, 2020 By Don Jergler Last year was a particularly hazardous one, with natural catastrophes causing excessive damages in what appears to be an ongoing...
‘Numbers Guy’ Zaffino Expected to Succeed Duperreault as AIG CEO…Eventually February 12, 2020 By Suzanne Barlyn Peter Zaffino sat at 2 World Trade Center poring over financial reports on the morning of Sept. 11, 2001, when...
Safety Probe Finds Tesla Driver Killed in Crash Reported Prior Autopilot Problems February 12, 2020 By David Shepardson A Tesla driver killed in a March 2018 crash in California while using the Autopilot driver-assistance system had reported that...
How Comparing Drug Prices Lowers Costs for Employers and Patients February 12, 2020 A University of California at Berkeley study has found that a “reference pricing model” — comparing brand name and generic...
Coronavirus Clouds U.S. Outlook But Economic Impact Should be Modest: S&P February 12, 2020 The coronavirus outbreak in China is clouding the global outlook and leading to both business caution and potential overall weakness...
‘Rivers in the Sky’ Causing Billions in Flood Damage in U.S. February 12, 2020 By Brian K. Sullivan Climate change is spurring a new, deep dive into a complex, little-studied weather system blamed for creating billions of dollars...
Lawmakers Urged to Help U.S. Keep Up with China on Autonomous Vehicles February 12, 2020 By David Shepardson A U.S. House panel on Tuesday heard from advocates of imposing stricter safeguards for self-driving cars as part of any...
Gaining a Risk Manager Seat at Technology’s Table: Interview with RIMS Leader Langone February 11, 2020 By Andrew G. Simpson The culture at technology startups like Uber, Airbnb and PayPal is all about risk-taking. They start by offering a unique,...