Insurers Ignore FinTech Revolution at Their Long-Term Peril: PwC June 17, 2016 By L.S. Howard While 90 percent of insurers fear they will lose business to a FinTech start-up, only 43 percent say they have...
Smart Choice Agency Network Tops 5,000 Members June 17, 2016 By Andrew G. Simpson The Smart Choice Agents Program, which provides independent insurance agencies with access to personal and commercial lines markets in 41...
Judge Skeptical of Widow’s Claim Twitter Aided Terrorist Group ISIS June 16, 2016 By Kartikay Mehrotra A federal judge said he’ll probably dismiss a lawsuit against Twitter Inc. by the widow of a man killed at...
W.R. Berkley Taps Morgan Stanley’s Abbey for Strategy Post June 16, 2016 By Katherine Chiglinsky W.R. Berkley Corp., the Greenwich, Connecticut-based commercial insurer, named former Morgan Stanley investment banker Jared Abbey as senior vice president...
RLI’s Dunn Named Carolina Casualty CEO June 16, 2016 W. R. Berkley Corp. has appointed David A. Dunn as president and chief executive officer of its trucking insurance specialist,...
How Much Teen Drivers Add to Parents’ Auto Insurance Bill by State June 16, 2016 Teenagers are risky drivers who are very expensive to insure but rates for insuring teens have come down, according to...
As On-Demand Economy Grows, Professor Sees New Kind of Capitalism Emerging June 16, 2016 By Justin Fox, Bloomberg Opinion It goes by many names: the “sharing economy,” the “gig economy,” the “on-demand economy.” Arun Sundararajan, a professor at New...
Zeppelin’s Page Testifies He Never Heard Song with Contested ‘Stairway’ Riff June 16, 2016 By Edvard Pettersson Led Zeppelin guitarist Jimmy Page said a 1968 instrumental he’s accused of ripping off for the band’s iconic “Stairway to...
AIG CEO Hancock Finds Common Ground, Transparency with Activist Directors June 16, 2016 Activist investors Carl Icahn and John Paulson are making American International Group (AIG) more transparent through their representation on its...
PaCRe Exit Eased Tax Scrutiny on Offshore Reinsurers: Third Point Re CEO June 16, 2016 By Katherine Chiglinsky Dan Loeb’s Third Point Reinsurance Ltd. said scrutiny of the industry’s offshore tax advantage has lessened after hedge fund manager...