‘Specialize and Diversify,’ Industry Veteran Markel Tells Super Regional Insurers July 21, 2017 By Andrea Wells Insurance is a very simple business. “You take in some money, you spend some money and you lose some money,...
Fired OSHA Whistleblower Claims Investigator Turns Whistleblower July 21, 2017 By Neil Weinberg A fired U.S. whistleblower investigator says his old employer didn’t take whistleblowers seriously enough. So he’s lodging a complaint —...
Travelers Says It’s ‘Where It Needs to Be’ to Compete; Q2 Results Dampened by Weather July 20, 2017 By Andrew G. Simpson Small business insurance leader Travelers Companies is well-positioned to continue to compete in the small commercial insurance space that is...
Ban on Consumer Mandatory Arbitration Clauses Faces Challenges July 20, 2017 By Lisa Lambert and Pete Schroeder A U.S. rule years in the making that was intended to restore consumers’ ability to band together to sue financial...
Catastrophes Cost Insurers $22B in 1H 2017; Economic Losses Totaled $53B: Aon July 20, 2017 Global insured losses from natural disasters during the first half of 2017 are estimated at US$22 billion with 76 percent...
Jury Clears GM of Liability in First Trial Over Updated Ignition Switch July 20, 2017 By Tina Bellon A federal jury in New York on Wednesday found General Motors was not to blame for a crash of an...
Chubb Names Farrow Practice Leader for Life Sciences Industry in North America July 20, 2017 Chubb has named Lee Farrow as executive vice president and Life Sciences Industry practice leader for North America. In his...
Sullivan Brokers Enhances Healthcare Provider Program, Adds Cybersecurity Coverage July 20, 2017 Sullivan Brokers has launched an enhanced program that offers first party protection specifically tailored to address the exposures healthcare providers...
House Committee Advances Bill to Let Autonomous Vehicles Bypass States July 19, 2017 By David Shepardson A U.S. House panel on Wednesday approved a sweeping proposal by voice vote to allow automakers to deploy up to...
Starr Buys Stake in Small Business Insurtech CoverWallet July 19, 2017 Starr Companies is now a minority shareholder in online small business insurance agency CoverWallet. CoverWallet confirmed the deal that was...