Chubb Names Lupica President, North America; Krump Vice Chair, Global Underwriting, Claims August 10, 2020 Global insurer Chubb announced appointments to two new executive positions. Chubb has named John Lupica as president of North America...
Berkshire Insurance Units Hold Their Own While Pandemic Slams Other Buffett Firms August 10, 2020 Berkshire Hathaway Inc. had a tough second quarter with the pandemic taking a toll on most of its operating businesses...
Allstate Reports Strong Q2 with Profit Up 49% Despite Pandemic August 10, 2020 By Andrew G. Simpson What pandemic? Allstate’s doing just fine. The giant personal lines insurer reported net income of $1.2 billion for the second...
Progressive Q2 Profit Up on Fewer Accidents; CEO Says ‘Black Lives Matter,’ Vows Action August 10, 2020 By Andrew G. Simpson “Black Lives Matter to me and they matter to us as an organization,” Progressive Corp. CEO Tricia Griffith wrote in...
Roper Technologies in Talks to Buy Vertafore for $5.5 Billion, Reuters Reports August 9, 2020 Roper Technologies Inc. is in talks to acquire Vertafore for close to $5.5 billion, Reuters reported, citing people familiar with...
CoreLogic Calls Special Meeting on Takeover Bidders’ Candidates for Board August 9, 2020 By Andrew G. Simpson The board of directors of data and analytics firm CoreLogic (NYSE: CLGX) has called a special meeting of shareholders for...
Major League Baseball to Players and Staff: Wear Mask or You’re Out! August 7, 2020 Major League Baseball is cracking down on coronavirus safety protocols, mandating that players and staff wear face coverings at all...
Capital One Will Pay $80 Million Fine for Data Breach During Cloud Transfer August 7, 2020 By Pete Schroeder Capital One Financial Corp will pay an $80 million penalty to a U.S. bank regulator after the bank suffered a...
Boeing Facing $1.25M Fine by FAA for Undue Pressure on Safety Oversight Employees August 7, 2020 By David Shepardson and Eric M. Johnson The U.S. Federal Aviation Administration on Wednesday said it was proposing to fine Boeing Co. $1.25 million after the agency...
Americans Becoming More Leery of Autonomous Technologies August 7, 2020 By Tina Bellon Americans are becoming less comfortable with the idea of driverless transportation. A new report from an American Automobile Association (AAA)...