P/C Insurance Software Firm Duck Creek Hikes IPO Price Range August 13, 2020 Duck Creek Technologies Inc., a software company that serves the property and casualty insurance market, on Wednesday raised the price...
Federal Reserve Policymakers See Slow Economic Growth Until Virus Contained August 13, 2020 By Jonnelle Marte and Howard Schneider The U.S. economic recovery will be slow until the coronavirus is under control, and Americans will have to manage life...
Judge Allows Businesses’ Lawsuits Against Insurer Over Coronavirus Losses August 12, 2020 By Jonathan Stempel A federal judge in Missouri said on Wednesday a group of hair salons and restaurants can sue their insurance carrier...
American Family Succession Plan: Westrate to Succeed Salzwedel as CEO in 2022 August 12, 2020 American Family Insurance group’s succession plan calls for Chair and Chief Executive Officer Jack Salzwedel to continue as chair and...
Federal Auto Safety Agencies Face Scrutiny by Inspector General August 12, 2020 By David Shepardson The Transportation Department’s Office of Inspector General said on Tuesday it would audit oversight of U.S. vehicle safety standards, noting...
Google Turns Android Phones Into Earthquake Sensors August 12, 2020 By Paresh Dave Alphabet Inc’s Google’s Android phones on Tuesday started detecting earthquakes around the world to provide data that could eventually give...
Cyber Lessons for the Insurance Industry Continue Three Years After NotPetya August 12, 2020 By Elizabeth Blosfield This summer marks three years since the NotPetya malware attack, which has been called the most devastating cyber attack in...
Justice Department Urges Congress to Rewrite Regulatory Policy August 12, 2020 By David Shepardson The U.S. Justice Department on Tuesday urged Congress to revise a 74-year-law that is central to how the government sets...
Ralph Lauren Suit Alleges Fraud by Insurer Refusing to Cover Coronavirus Losses August 11, 2020 By Andrew G. Simpson Fashion firm Ralph Lauren Corp. is suing its insurer to recoup what it says has been a huge drop of...
Tropical Storms Could Set a Record at 25 This Season August 11, 2020 The U.S. National Oceanic and Atmospheric Administration (NOAA) last Thursday predicted up to 16 more named tropical storms this year,...