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....
Pie Insurance Expands Online Workers’ Comp Coverage Into 4 Additional States February 27, 2019 Pie Insurance has begun selling workers’ compensation insurance to small businesses in Iowa, Kansas, Kentucky, and New Mexico. This expansion...
Beazley, Marsh Launch Cyber Coverage Product for Manufacturers February 26, 2019 Beazley and Marsh have partnered to provide tailored cyber insurance cover and breach response for U.S. manufacturers. The new Manufacturer’s...
U.S. Asks Court to Approve CVS-Aetna Merger February 26, 2019 By Diane Bartz The U.S. Justice Department formally asked a judge on Monday to approve its deal to allow CVS Health Corp. to...
Amazon Crash Points to Lax Safety for Cargo Operations Compared to Passenger Airlines February 26, 2019 By Alan Levin Passenger airlines in the U.S. have recorded a remarkable period of safety over the past 10 years. Not so the...
How High-Pressure Insys Prescription Call Center Lied to Insurers to Sell Opioids February 26, 2019 By Janelle Lawrence The goal for Insys Therapeutics Inc.’s call center in Phoenix was simple: persuade insurers to authorize at least 70 prescriptions...