Artificial Intelligence Poses Risks to Insurers, Banks, Warns Global Regulator November 1, 2017 By Huw Jones Replacing bank and insurance workers with machines risks creating a dependency on outside technology companies beyond the reach of regulators,...
Trump Actions Against Obamacare Could Mean Free Insurance for Many with Low Incomes November 1, 2017 By Meghan Hoyer and Ricardo Alonso-Zaldivar In an odd twist, low-income people in about half of U.S. counties will now be able to get a taxpayer-subsidized...
Berkshire Likely to Report Big Q3 Claims Costs – and Reduced Insurance ‘Float’ November 1, 2017 By Noah Buhayar The insurance business has been good to Warren Buffett. For decades, his stable of carriers at Berkshire Hathaway Inc. have...
QBE North America Forms Alliance with MGA Professional Risk Facilities November 1, 2017 QBE North America, an operating division of QBE Insurance Group Ltd., announced a strategic program underwriting alliance with managing general...
Aetna Keeps Quiet About Reported CVS Merger Talks; Net Income Rises 39% November 1, 2017 By Caroline Humer U.S. health insurer Aetna Inc failed to provide any hints on reported merger talks with CVS Health Corp when discussing...
Swiss Re Names Richards as Head Casualty Reinsurance; Parton as Head P/C Business Mgmt. November 1, 2017 Swiss Re has appointed Jason Richards as head Casualty Reinsurance. At the same time, Nicola Parton was named head P/C...
Winans Joins Kimball Hughes PR October 31, 2017 Chris Winans has joined Kimball Hughes Public Relations as a consultant. Winans most recently led Hill+Knowlton Strategies’ U.S. financial services...
AIG Renames Tech-Focused Commercial Insurance Unit Blackboard October 31, 2017 American International Group’s technology-focused subsidiary formerly known as Hamilton USA has a new name, Blackboard. Hamilton USA was part of...
Why States Should Drop Insurance Anti-Rebating Laws: Viewpoint October 31, 2017 By Richard A. Brown For the commercial property and casualty, and employee benefits segments of the insurance industry, anti-rebating laws are both nonsense and...
Summerville to Head Swiss Re Casualty, Financial and Professional Services for North America October 31, 2017 Swiss Re Corporate Solutions has appointed Jeff Summerville as head of Casualty, Financial & Professional Services North America, effective immediately....