U.S. Bans Lithium Battery Cargo on Passenger Planes February 28, 2019 By David Shepardson The U.S. government said on Wednesday it is issuing new rules barring airlines from carrying potentially hazardous lithium-ion cells and...
Making Working with Robots Safe for Humans February 28, 2019 By Pavel Alpeyev Veo Robotics Inc., a startup developing sensor technology that lets industrial robots work safely side-by-side with humans, closed a funding...
Berkshire Hathaway Sale of Applied Underwriters Said Due to ‘Channel Conflict’ February 27, 2019 By Andrew G. Simpson In a rare move, Berkshire Hathaway is selling one of its companies, leading workers’ compensation specialist Applied Underwriters, in order...
What Young Insurance Agents Earn, Think and Say February 27, 2019 By Andrea Wells Young agents want change. They want more diversity in the agency sales ranks. They want better paths to grow in...
Insurer Group Warns on Property Losses Due to Climate Change February 27, 2019 By William Wilkes Insurers are increasingly worried that rising temperatures will lead to a slump in property values that could spark broader financial...
A.M. Best Sees $12 Billion P/C Insurance Underwriting Loss for 2018 February 27, 2019 The U.S. property/casualty industry is expected to report that 2018 was its third consecutive year with an underwriting loss. A...
Supreme Court Sets Aside Pay Equity Ruling Decided by Dead Judge’s Vote February 27, 2019 By Greg Stohr The U.S. Supreme Court said judges “are appointed for life, not for eternity,” in setting aside a pay-discrimination ruling written...
Hanover Insurance Enhances Specialty Leadership; Mills to Lead E&S February 27, 2019 The Hanover Insurance Group has expanded its specialty leadership team to enhance as part of a series of personnel changes...
JPMorgan Found Not Responsible for Broker’s Suicide February 27, 2019 By Jonathan Stempel A federal judge in Manhattan on Tuesday dismissed a wrongful death lawsuit against JPMorgan Chase & Co. by the estate...
Congress Looks to ‘Reimagine’ Credit Reporting Industry February 27, 2019 By Pete Schroeder The nation’s major credit reporting agencies faced renewed scrutiny from Congress on Tuesday, as lawmakers consider legislation overhauling the industry....