FDA Grants Full Approval to Pfizer-BioNTech COVID-19 Vaccine August 23, 2021 By Carl O'Donnell and Manas Mishra The U.S. drug regulator on Monday granted full approval to the Pfizer Inc/BioNTech SE COVID-19 vaccine, making it the first...
P/C Insurers Boosted Underwriting Net Income 28% in First Half of Year: AM Best August 23, 2021 The U.S. property/casualty industry grew its net underwriting income by 28% in the first six months of 2021 compared with...
It Turns Out That Humans Are Secret Weapon for Autonomous Vehicle Startups August 23, 2021 By Hyunjoo Jin Self-driving startups like Cruise and Pony.ai have begun testing their driverless cars in some parts of California in the past...
Boy Scouts Delays Bankruptcy Step After Judge Questions Legal Fees, Insurer Deal August 23, 2021 By Randall Chase Attorneys for the Boy Scouts of America are postponing a key bankruptcy hearing that was scheduled to start this week,...
T-Mobile Now Says Data Breach Affects More Than 50 Million Customers August 23, 2021 By Akanksha Rana T-Mobile US Inc. said on Friday an ongoing investigation into a data breach revealed that hackers accessed personal information of...
GM Recall Due to Fire Risk Covers All Chevrolet Bolts August 23, 2021 By Tom Krisher General Motors said Friday it is recalling all Chevrolet Bolt electric vehicles sold worldwide to fix a battery problem that...
Judge Grants Conditional Approval for Boy Scouts Sex Abuse Bankruptcy Plan August 20, 2021 By Andrew G. Simpson The Boy Scouts of America has received a green light from a judge to proceed with its $850 million reorganization...
‘Best Agency to Work For’ Nominations Open: Submit Now August 20, 2021 Is your independent insurance agency a Best Place to Work? If so, why not nominate your agency as a “Best...
Digital Auto Insurer Root Will Add Independent Agents to Its Distribution August 20, 2021 By Mark Hollmer Digital auto insurer Root saw its loss ratio spike in the 2021 second quarter as higher costs for repairs, used...
Tech Giants Are ‘Too Big to Fail’ Because They Host Insurers, Banks on Cloud Platforms August 20, 2021 By Iain Withers and Huw Jones More than a decade on from the financial crisis, regulators are spooked once again that some companies at the heart...