Independent Agency Profitability, Organic Growth Dipped in Q3: Reagan Consulting November 6, 2015 Independent insurance agents and brokers posted median organic growth of 4.4 percent for the third quarter of 2015, compared with...
5 Recent Reports on Businesses and Cyber Security, Liability and Insurance November 6, 2015 By Andrew G. Simpson Cyber security is clearly on the minds of business executives, most of whom acknowledge their firms have been victimized by...
Toyota $1B Research Labs Near Stanford, MIT to Develop Autonomous Vehicles November 6, 2015 By Craig Trudell and Yuki Hagiwara Toyota Motor Corp. is spending $1 billion to form a research institute focused on the artificial intelligence and robotics technology...
Credit Markets Oppose Splitting Up AIG November 6, 2015 By Sonali Basak American International Group Inc. Chief Executive Officer Peter Hancock has a bit of ammo as he meets Thursday with activist...
ACORD Names 2 Insurance Innovation Challenge Winners: Livegenic, Insurity November 5, 2015 By Andrew G. Simpson A technology that gives claimants more control of the claims process and another that makes data conversion easier for insurers...
OneBeacon Names Garganigo as Senior VP, Professional Liability November 5, 2015 Marc Garganigo has joined OneBeacon Insurance Group as senior vice president of Professional Liability. Garganigo will oversee the company’s Design...
Technology Enables Insurers to Verify Garaging Location, Mileage and More November 5, 2015 Auto insurance companies now have a tool that lets them verify the garaging address of a vehicle, confirm the driver’s...
Top 10 Market Conduct Actions Against P/C Insurers November 5, 2015 Slow claim handling, the use of unapproved rates and a failure to provide required compliant disclosures top the list of...
AIG CEO to Employees: Expect Fewer Lifetime Jobs November 5, 2015 By Sonali Basak American International Group Inc. Chief Executive Officer Peter Hancock, who is shrinking the company while fighting off an activist investor,...
Ironshore Launches Product Liability Endorsements for Manufacturers November 5, 2015 Ironshore Specialty Casualty has created a new suite of endorsements to address the products liability exposure of manufacturers and distributors....