SpaceX Keeps Insurance Terms Secret September 6, 2016 By Irene Klotz Israel’s Space Communication Ltd. said on Sunday it could seek $50 million or a free flight from Elon Musk’s SpaceX...
Judge Nixes Users’ Privacy Class Action Against Facebook September 6, 2016 By Joel Rosenblatt Facebook Inc. defeated a bid for a group lawsuit claiming the company illegally gave its users’ personal information to advertisers,...
AIG Reported to Be Selling Its Last Shares in China’s PICC Insurer September 5, 2016 American International Group (AIG) is seeking to raise about $190 million by selling its remaining shares in China’s PICC Property...
Harris to Head Chubb North America Global Services Division September 2, 2016 Tom Harris has been appointed executive vice president, Global Services, for Chubb North America. In his new role, Harris will...
Uber-Like Video Service DropIn Lets Adjusters Assess Damage from Their Desks September 2, 2016 By Andrew G. Simpson A new service promises to provide insurance claims adjusters with videos of losses without them ever having to leave their...
W.R. Berkley Names Lowery as Chief Information Officer September 2, 2016 By Andrew G. Simpson W. R. Berkley Corp. has appointed Richard M. Lowery as senior vice president and chief information officer. In this role,...
SpaceX Explosion Draws Attention to Insurance for Rocket Science September 2, 2016 When the SpaceX rocket exploded on a Florida launchpad Thursday, the first thought that probably came to mind was thank...
How Random Alcohol, Drug Testing Keep Skies Safe September 2, 2016 By Justin Bachman Work on—or anywhere near—a U.S. commercial aircraft, and chances are good you’ll encounter a random drug or alcohol test. These...
Banks Hike Caps on Directors’ Pay Hoping to Fend Off Lawsuits September 2, 2016 By Olivia Oran Over the past two years, a growing number of U.S. banks has capped their directors’ earnings, but the ceilings are...
Ohio Mutual Offering Distracted Driving Prevention Device to Policyholders September 2, 2016 Ohio Mutual Insurance Group plans to offer its policyholders distracted driving technology from Cellcontrol to help reduce distracted driving claims....