The Changing Risk and Liability Landscape: New Tech, New Loss Scenarios October 19, 2018 By Thomas Varney Advancements in technology are changing the risk landscape irrevocably and driving potential big changes in liability, and other insurance, claims...
AIG Estimates Q3 Catastrophe Losses Will Be $1.5 Billion October 18, 2018 American International Group said it expects to report third quarter 2018 catastrophe losses of approximately $1.5 to $1.7 billion. These...
15 Emerging Risks from Policies to Playgrounds, Sandboxes to Scooters October 18, 2018 By Andrew G. Simpson When insurance experts are asked what they see as the most important emerging risk for the property/casualty insurance industry, their...
Tired Employees Common in Industries Using Shift Work October 18, 2018 More than two-thirds (69 percent) of employees are tired at work, increasing the risk of injuries and incidents on the...
Applied Systems Acquires Benefits Software Firm Dynamis October 18, 2018 Fresh off its announcement of Google becoming a minority investor, insurance agency technology provider Applied Systems announced it has acquired...
Travelers Q3 Profit More than Doubles on Lower Catastrophe Losses, Higher Premiums October 18, 2018 Third quarter profit more than doubled at Travelers Corp. due to higher premiums and investment income and lower catastrophe losses,...
Treasury Erases ‘Too-Big-to-Fail’ Label on Prudential October 18, 2018 By Andrew G. Simpson The Trump Administration has rescinded the systemically risky – or “too big to fail” – designation for Prudential Financial that...
National Safety Board Calls for Standards for Drugged Driving Tests October 18, 2018 By Ryan Beene and Alan Levin U.S. transportation safety officials are sounding the alarm on drug-impaired driving, calling for state and federal regulators to do more...
How to Make Self-Driving Cars Safer on Roads with Humans October 18, 2018 As the National Highway Traffic Safety Administration and Congress press for removing safety regulations in order to fast-track the introduction...
Supreme Court Declines Paint Manufacturers’ Appeal of $400M Public Nuisance Ruling October 17, 2018 By Greg Stohr The U.S. Supreme Court rejected appeals from Sherwin-Williams Co. and Conagra Brands Inc., leaving intact a ruling that requires them...