Congress Looks to Jump Start Stalled Driverless Vehicle Bill July 31, 2019 By David Shepardson Two key committees in the U.S. Congress on Tuesday said they will revive efforts to pass long-stalled legislation to speed...
Moody’s Acquisition Could Signal Shift in Pricing of Climate Risk: Viewpoint July 31, 2019 By Leonid Bershidsky, Bloomberg Opinion The acquisition of California-based Four Twenty Seven, Inc., by Moody’s Corporation could signify the beginning of a major shift in...
Why Agencies Shouldn’t Be Afraid of Insurtech and Need to Adopt It – Now July 31, 2019 By Amy O'Connor There’s been a barrage of insurtech products hitting the market for several years now, creating confusion for some agency owners...
Sompo Global Risk, VGM Insurance to Offer Golf Course, Country Club Coverage July 30, 2019 Bermuda-based specialty insurance provider Sompo International Holdings Ltd. subsidiary Sompo Global Risk Solutions (GRS) has entered into a strategic partnership...
With $100M in New Financing, Digital Agency Hippo Plans Further U.S. Expansion July 30, 2019 By Mark Hollmer Online insurance agency Hippo Insurance said it has secured a $100 million financing round that will help propel a broader...
U.S. Urges Ships to Keep Tracking Devices Turned on for Safety, Transparency July 30, 2019 By Lesley Wroughton The United States wants all ships to keep their tracking transponders on to cut down on illicit activity and smuggling,...
Captives Remain Profitable, Outperform Commercial Insurers, Reports A.M. Best July 30, 2019 U.S. captive insurance companies rated by A.M. Best continued their run of strong financial results in 2018, as well as...
Misdiagnosis a Leading Cause of Medical Malpractice Claims, Studies Show July 30, 2019 By Jim Sams Two recent research papers both point to the significance of diagnostic errors as a source of medical malpractice claims. A...
Viewpoint: What Insurance Industry Should Acknowledge About Small Business Cyber July 30, 2019 By Josh Ladeau The 2018 Verizon Data Breach Investigations Report cited that 58% of cyber-attack victims were small businesses, and the 2019 Symantec...
Capital One Reports Data Breach of 100 Million Accounts; Suspect Arrested July 29, 2019 By Uday Sampath Capital One Financial Corp. said on Monday personal information including names, addresses, phone numbers and credit scores of about 100...