U.S. Fines Boeing $6.6 Million Over Safety Pact Noncompliance, Enforcement Cases February 26, 2021 By David Shepardson Boeing Co. agreed Thursday to pay $6.6 million in penalties to the Federal Aviation Administration (FAA) after U.S. regulators said...
Biden Extends Unemployment Insurance for Workers Fearing COVID Risk February 26, 2021 The Biden Administration is expanding eligibility for unemployment benefits for workers who feel they are forced to choose between working...
Senator Says Microsoft Failed to Fix Cloud Software Issue Used by SolarWinds Hackers February 26, 2021 By Joseph Menn Microsoft Corp.’s failure to fix known problems with its cloud software facilitated the massive SolarWinds hack that compromised at least...
Insurance Employment Impresses With Insurers Adding 20K Jobs During Pandemic February 26, 2021 By Susanne Sclafane Levels of employment for the insurance industry are “holding up much stronger than the overall economy,” the leader of an...
Opponents Ask Supreme Court to Halt Harvard’s Use of Race in Admissions February 26, 2021 By Nate Raymond Opponents of policies used by universities to increase their numbers of Black and Hispanic students asked the U.S. Supreme Court...
Chubb’s Digital Blink Targets Consumer Sales via Partner, Affinity Companies February 25, 2021 Chubb has launched a digital platform for selling selected insurance coverages to “digitally savvy” consumers, primarily through affinity, company and...
Déjà Vu: P/C Insurance Challenges for 2021 Look Much Like 2020’s, Says AM Best February 25, 2021 The U.S. property/casualty insurance (P/C) industry could experience déjà vu in 2021 in terms of financial results. Many factors that...
Federal Aviation Safety Oversight Remains Weak, Vulnerable, Says Watchdog February 25, 2021 By Alan Levin The U.S. regulator that approved the flawed Boeing Co. 737 Max design has continuing weaknesses and is vulnerable to “future...
Liberty Mutual Boosts Profit for Q4 and Year February 25, 2021 Liberty Mutual reported net income of $162 million for the fourth quarter and $758 million for the full year 2020,...
Insurance Technology: Hippo, Vertafore, Monte Carlo, Marble, Coterie, Buckle and More February 25, 2021 Home insurer Hippo is partnering with ADT to add smart home services and discounts for home insurance customers. Hippo customers...