How Climate Change May Affect Hurricane Risk and Losses: AIR, Brookings, AXIS January 19, 2021 By 2050, climate change-related weather events will have a meaningful impact on future hurricane losses, increasing them by 20% or...
Applied Specialty Underwriters Names Black to Lead Middle Market Surplus Lines January 19, 2021 Applied Underwriters has named John Black, Sr., CPCU, to lead its expansion into middle market surplus lines. As executive vice...
Lawmakers Sought to Ban Facial Software Being Used to ID Capitol Attackers January 19, 2021 By Paresh Dave U.S. lawmakers are moving ahead with efforts to ban facial recognition software even as the technology helps identify supporters of...
AM Best, Moody’s Rate Personal Lines Insurance Market Outlook as Stable January 19, 2021 AM Best kept its stable market segment outlook on the U.S. personal lines insurance segment for 2021, citing the segment’s...
Expecting the Unexpected: Cyber Lessons from COVID and What Could Be Ahead January 15, 2021 By Elizabeth Blosfield What is the biggest lesson that cyber insurers should carry into 2021 after a year in which the COVID-19 pandemic...
Delivery Company Offers Gig Workers $25 to Get COVID Vaccine January 15, 2021 By Uday Sampath Grocery delivery company Instacart said on Thursday it would pay $25 to its over half-a-million gig workers if they chose...
Lemonade Eyes Sale of 3 Million Shares in Secondary Offering January 15, 2021 By Mark Hollmer Digital insurer Lemonade has announced plans to sell 3 million shares of common stock to raise money for “general corporate...
As Production Declines, Coal Miner Fatalities at Historic Low January 15, 2021 By Dylan Lovan Five miners died in U.S. coal mines in 2020, an all-time low mark for an industry in a year that...
Outgoing Administration Moves to Lift Safety Restrictions for Some Autonomous Vehicles January 15, 2021 By Joseph White and David Shepardson The outgoing Trump administration said on Thursday it was issuing new rules that would allow manufacturers of automated vehicles to...
Moment of Change: How the Insurance Industry Can Bridge the Diversity Gap, Be an Ally January 15, 2021 By Amy O'Connor The deaths of George Floyd and Breonna Taylor by white police officers last year sparked protests and examinations of racial...