Workers’ Comp Profits at Risk from Growing Competition, Lower Rates: A.M. Best December 24, 2019 Workers’ compensation carriers’ ability to retain profitable accounts and maintain market share could be challenged due to declining rates and...
It’s Not Easy Getting Insurers to Defend in Sexual Harassment Cases December 24, 2019 By Jim Sams While Harvey Weinstein’s insurers have reportedly agreed to pay $47 million to settle civil suits against the movie producer, most...
Underwriters and Insureds Taking Harder Look at Commercial Property Risks December 24, 2019 By Andrea Wells Commercial property underwriters are adjusting to a market defined by rising catastrophe losses and dwindling profits. From increasing rates and...
AXA XL, Slice Labs, Microsoft to Offer Cyber Risk Management Tools December 23, 2019 AXA XL, the p&c and Specialty Risk Division of global insurer AXA, Slice Labs Inc. (Slice), an on-demand insurer of...
GEICO CEO Roberts to Retire End of 2020; Berkshire Hathaway’s Combs to Succeed December 23, 2019 Bill Roberts, GEICO’s president and chief executive officer, has announced that he will retire in December 2020 after 35 years...
How High Tech Competition Is Transforming NFL Helmets December 23, 2019 By Tim Booth Long gone are the days of the leather shell and single-bar face mask. Today’s football helmets are technological marvels, using...
Bipartisan Internet Privacy Proposal Calls for User OK to Share Data But Is Mum on Suits December 23, 2019 By Ben Brody, Rebecca Kern and Daniel R. Stoller A top House panel unveiled long-awaited draft privacy legislation that calls for limits on sharing consumers’ information and would allow...
The Hartford Joins Insurers Limiting Fossil Fuel Investments, Underwriting December 23, 2019 The Hartford became the latest insurance carrier to cut back on business it does with the fossil fuel industry out...
U.S. E-Cigarette Regulation Has Been Delayed for Years December 23, 2019 By Chris Kirkham As the Federal Drug Administration pressures e-cigarette firms to stamp out youth vaping, the agency faces criticism itself for failing...
Cox Communications Found Liable for $1 Billion for Infringing Music Copyrights December 23, 2019 By Andrew G. Simpson A U.S. District Court jury last Thursday found telecom company Cox Communications Inc. liable to pay $1 billion to music...