Online Marketplace EverQuote Enters Health and Renters Insurance Markets June 27, 2019 One year after its initial public offering raised $84 million, online insurance marketplace EverQuote announced it is expanding into health...
CNA’s Mizzi Joins AIG’s Blackboard Insurance as Head of Underwriting June 27, 2019 Blackboard Insurance, an American International Group company, announced that John Mizzi will join the team as head of Growth and...
U.S. P/C Insurers’ Net Income Increased 69% in 2018: A.M. Best June 27, 2019 The U.S. property/casualty industry showed a year-over-year 69% increase in net income to $59.2 billion in 2018, owing to lower...
Supreme Court Scales Back Doctrine Giving Deference to Regulatory Agencies June 27, 2019 By Andrew Chung The U.S. Supreme Court on Wednesday constrained the power of federal agencies, scaling back a legal doctrine that calls for...
Moody’s, Israel’s Team8 to Offer Business Cyber Risk Benchmark for M&As, Insurance June 27, 2019 By Tova Cohen and Ari Rabinovitch Ratings agency Moody’s Corp. and Israeli cyber group Team8 launched on Thursday a joint venture to assess how vulnerable businesses...
Discovery of New Risk with Boeing 737 to Prolong Grounding June 27, 2019 By David Shepardson and Eric M. Johnson The U.S. Federal Aviation Administration has identified a new risk that Boeing Co. must address on its 737 MAX before...
Supreme Court Denies Injured Seaman’s Bid for Punitive Damages June 26, 2019 The Supreme Court has ruled that an injured merchant seaman can’t seek punitive damages based on the common-law maritime claim...
Student Loans, Family Leave, Telemedicine, Standing Desks: Tailoring Benefits to Multigenerational Workforce June 26, 2019 While the United States’ stable job market and regulatory environment have kept employee benefits offerings steady, some benefits such as...
Beazley Snares Cyber Underwriters from Chubb, Gallagher for U.S. Regions June 26, 2019 Specialty insurer Beazley has hired two cyber and technology underwriters in the U.S. to meet growing demand from middle market...
Judge Open to ‘Novel’ Idea of Local Government Class for Opioid Settlement Talks June 26, 2019 By Jef Feeley A judge backed a push by U.S. cities and counties suing opioid makers such as Purdue Pharma LP and Johnson...