Loss Costs Outpace Increase in Premiums for U.S. P/C Industry Through Q3 January 25, 2022 By Chad Hemenway Direct-premium production for the U.S. P/C industry through the third quarter 2021 improved as insurers increased rates, but adverse trends...
Insurance Technology: Great American, Assurely Offer D&O for Tech Startups; Tractable AI Assesses Building Damages; Pie Offers Pay-As-You-Go January 25, 2022 Great American Insurance and Assurely Offer D&O to Startup Firms The Executive Liability division of Great American Insurance Group and...
In 2021, Risk Managers Median Salary Hit $135K in U.S.; $120K in Canada January 25, 2022 Risk professionals at all levels in the United States experienced an average 14.4% base salary increase in 2021 compared to...
Now Safe Drivers Can Get a Break on Life Insurance January 25, 2022 Under a program being offered by Boston-based life insurer John Hancock, safe drivers can earn reward points towards discounts on...
Three States, D.C. Sue Google Claiming Location Tracking Violates Users’ Privacy January 25, 2022 By David Shepardson and Doina Chiacu Texas, Indiana, Washington State and the District of Columbia sued Alphabet Inc.’s Google on Monday over what they called deceptive...
Amazon Discloses Employee Injury Rates Compared to Peers January 25, 2022 By Jeffrey Dastin Amazon.com Inc .on Monday reported injury figures for 2020 showing worse-than-average safety rates in its U.S. warehouses but a better...
Sarah Palin’s Positive COVID Test Delays New York Times Defamation Trial January 24, 2022 By Jonathan Stempel Sarah Palin, the 2008 Republican U.S. vice presidential candidate and former Alaska governor, has tested positive for the coronavirus, forcing...
People Moves: Brown & Brown Welcomes Zurich’s Batta; Hartford’s Vaughn to Global Specialty; Chubb Names Spitzer Treasurer, Harkin North America CFO January 24, 2022 Brown & Brown Names Batta, Raveling, Kusserelis to Key Posts Brown & Brown, a national insurance brokerage firm, has elevated...
Insurtech Root Lays Off 330 Employees as Loss Costs Increase January 24, 2022 By Elizabeth Blosfield Technology company Root Inc., the Columbus, Ohio-based parent company of Root Insurance, announced yesterday that it has laid off approximately...
Secondary Perils Are Increasing Share of U.S. Catastrophe Losses January 24, 2022 Secondary peril events such as wildfires, tornadoes and severe thunderstorms are becoming more impactful and generating an increasingly larger amount...