Lloyd’s Urges Insurer Investment in Natural Habitats for Flood Protection June 13, 2017 Natural coastal habitats such as mangroves, coral reefs and salt marshes protect communities more effectively against coastal storms than seawalls,...
Private Brokers More Active But Private Equity Still Leads in Agency Acquisitions June 13, 2017 Well-capitalized private equity investors still have an advantage among buyers of insurance agencies, but privately-held brokers continue to be among...
Top 100 P/C Agency Submission Deadline Extended June 12, 2017 Don’t miss out on your chance to become one of Insurance Journal’s Top 100 Independent Property/Casualty Agencies. Extended Deadline Now:...
Supreme Court Rejects Class Action Appeal by Xbox Users June 12, 2017 By Lawrence Hurley The U.S. Supreme Court on Monday ruled in favor of Microsoft Corp. in its bid to fend off class action...
How and Why More Insurers Are Turning to Bots June 12, 2017 By Denise Johnson As more bots handle claims and perform underwriting tasks, should human employees be concerned? Human industry experts say there’s no...
Anonymous Bidder of $2.6 Million Wins Lunch with Buffett June 12, 2017 By Noah Buhayar A bidder pledged $2.68 million to a San Francisco charity in exchange for a lunch date with billionaire investor Warren...
Most Car Makers in No Rush to Make Automatic Braking Standard Equipment June 12, 2017 By Joseph White Big automakers are rushing to launch self-driving cars as early as 2021, but the industry’s major players are moving slowly...
Workers’ Compensation Income Benefits Fall Short for Injured Workers: WCRI June 12, 2017 By Andrea Wells Adequacy of income benefits is one of the long-standing concerns about the performance of workers’ compensation systems. However, there is...
AmTrust Sells Shares in National General Holdings for $212 Million June 9, 2017 AmTrust Financial Services Inc. said it has agreed to sell shares it owns in National General Holdings Corp. for approximately...
U.S. Storms in May to Cost Insurers $3B; Economic Costs Total $4B: Aon Report June 9, 2017 Total aggregated economic losses from severe weather in the U.S. during May was set to exceed US$4.0 billion, while public...