New IBM Blockchain Network Manages Supply Chain Including Insurance August 6, 2019 By Gertrude Chavez-Dreyfuss International Business Machines Corp. announced on Monday a new blockchain network aimed at improving manual and cumbersome supply chain management....
Norman-Spencer Agency Launches Closing Coverage for Residential Home Buyers August 6, 2019 Insure My Closing, a new insurance program that provides expense coverage due to closing delays for home buyers, has been...
Costs of Buying Navigators Hit The Hartford’s Q2 Results August 5, 2019 Major insurer The Hartford saw its net income fall and its commercial lines combined ratio spike during the 2019 second...
Berkshire Hathaway’s Insurance Underwriting Profit Fell in Q2 August 5, 2019 Giant conglomerate Berkshire Hathaway saw its total insurance underwriting profit in the second quarter fall 63% to $353 million from...
Berkshire Hathaway’s Q2 Reflects Slowing Economy, Trade Policy August 5, 2019 By Jonathan Stempel Berkshire Hathaway Inc. on Saturday said its quarterly operating profit fell more than analysts expected, as weakness in insurance underwriting,...
State’s Purdue Opioid Suit Tests Holding Family, Purdue Directors Liable for Crisis August 5, 2019 By Janelle Lawrence Massachusetts took Purdue Pharma LP to task in a Boston courtroom Friday, blaming the opioid maker and the billionaire Sackler...
Artificial Intelligence Helps to Contain Wildfires, Predict Wild Weather August 5, 2019 By Brian K. Sullivan On a tower in the Brazilian rainforest, a sentinel scans the horizon for the first signs of fire. Only these...
GEICO Gets Progressive, Joins Auto Insurers Offering Telematics August 5, 2019 Berkshire Hathaway’s GEICO auto insurer has joined the ranks of carriers using telematics to track and improve driver behavior—after resisting...
Walmart Has Mandatory Active Shooter Training for Employees August 5, 2019 By Hilary Russ Days before Saturday’s mass shooting that killed 20 people at a Walmart Inc. store in El Paso, Texas, another shooting...
First Drone Flight ‘Beyond Line of Sight’ Completed, Says FAA August 5, 2019 By Bryan Pietsch The U.S. Federal Aviation Administration said on Friday it had approved the first drone flight beyond the operator’s sight line,...