Insurance Technology: Zurich Adds Workplace Culture Tool; DriverPremium App Transforms Phone; Kenzen Develops Heat Wearable July 21, 2022 Zurich Resilience Solutions Combats Toxic Work Culture Zurich Resilience Solutions (ZRS) in North America is now offering customers a platform...
Rat-Plagued Warehouse Winds Down as Family Dollar Faces Lawsuits July 20, 2022 By Brendan Case Six months after a Family Dollar distribution center in West Memphis, Arkansas, was fumigated and more than 1,000 rodent carcasses...
Jury Finds Tesla 1% Negligent in Fatal Model S Crash July 20, 2022 By Jonathan Stempel A Florida jury found electric car maker Tesla Inc. to be 1% negligent in the death of an 18-year-old man...
Are MGAs Winning the Insurance Talent War? July 20, 2022 With more than 1,000 managing general agents writing roughly $70 billion in direct premiums last year, researchers at Conning believe...
NEXT, Thimble Latest Insurtechs to Announce Layoffs This Year July 20, 2022 By Elizabeth Blosfield NEXT Insurance and Thimble are the latest insurtechs to lay off part of their workforce this year, with NEXT citing...
Apple Sued Over Antitrust Violations Involving Apple Pay July 20, 2022 By Jonathan Stempel Apple Inc. was sued on Monday in a proposed class action by payment card issuers accusing the iPhone maker of...
SEC Approves Demotech as Nationally Recognized Statistical Rating Organization July 19, 2022 Insurance rating agency Demotech Inc. has become the tenth organization to named a Nationally Recognized Statistical Ratings Organization (NRSRO) by...
Meta VR Rival Claims It Was Obliterated When Facebook Took Its Name July 19, 2022 By Evan Peng A Meta Platforms Inc. rival claims in a federal trademark infringement lawsuit that its business has been obliterated after Facebook...
Rossini, Suckerman Take New Roles Within Reshuffled AXA XL Cyber Unit July 19, 2022 AXA XL’s cyber insurance business announced the creation of two new roles and several regional underwriting management appointments. Rachel Rossini...
People Moves: Former Lexington Exec Heads to FutureProof; Hourly.io Hires From Markel; Leisz Joins Nationwide E&S; New CIO at Ryan Specialty July 19, 2022 San Diego-based FutureProof Technologies has hired Joseph Strickland as head of underwriting. He was previously senior vice president at AIG’s...