Berkshire Hathaway GUARD Insurance Companies has expanded the list of states the company offers its architects and engineers professional liability product to include Colorado, Kansas, and Wisconsin. With these three states, the company now offers this line in half the …
Integrated Specialty Coverages (ISC), a program administrator developing insurance products utilizing artificial intelligence (AI) technology and analytics, has launched its Investor Property Program designed to address large complex residential property schedules. Lead by Gareth Jelley, senior vice president of the …
Specialty insurer and reinsurer Argo Group International is exiting the grocery and retail lines of business, which include providing general liability and self-insured retention risk management programs for grocery stores, convenience stores, restaurants and other retail businesses. The company said …
Scottsdale, Arizona-based specialty insurer Nautilus Insurance Group announced the appointment of Thomas Joyce as president. He is succeeding Tom Kuzma, who has been named chairman. These changes will take effect January 1, 2021. Joyce joined Nautilus as senior vice president …
McDonald’s Corp. was hit on Thursday with a potentially multi-billion-dollar lawsuit by Black franchise owners who accused the fast-food giant of racial discrimination for steering them to underperforming stores. The proposed class action led by James and Darrell Byrd, brothers …
A decade of low interest rates and tough underwriting conditions has led reinsurers to cautiously invest in riskier and more illiquid assets to generate additional return. The good news is that this strategy also has helped reinsurers tolerate the economic …
Big Tech’s decisions to block some posts and videos while letting other content viewed as inflammatory proliferate have drawn the ire of Republicans and Democrats alike, raising the prospect that a 24-year-old U.S. law that fostered the internet’s explosion will …
Federal health officials Wednesday issued insurance coverage rules designed to deliver on the promise that every American will have access to free COVID-19 vaccines when they are approved. The regulations from the Centers for Medicare and Medicaid Services, or CMS, …
The drumbeat for insurtechs to pursue a merger, acquisition or partnership is getting louder, with the number likely to substantially grow in the months ahead, an insurance industry expert believes. “InsurTech is reaching a point where [startups] must decide whether …
General Motors Co.’s Super Cruise once again edged Tesla’s Autopilot in an evaluation of 17 vehicles equipped with active driving assistance systems (ADAS) by Consumer Reports, the testing organization said on Wednesday. A Tesla Model Y fitted with Autopilot finished …
