How ‘Intelligent’ Insurers Grow and Create Value: ACORD Study November 24, 2019 By Andrew G. Simpson Some insurance carriers grow but do not create value. Others shrink but still create value. Some fail at both. Then...
Confessions of a Diehard Fan of Insurance Data: Part 1 November 24, 2019 By Andrew G. Simpson If Bill Pieroni were a Major League Baseball executive, he would be one of those sabermetric types like Oakland’s Billy...
PURE Group Names Hourihan from AIG’s Private Client Group as Chief Growth Officer November 22, 2019 The PURE Group of Insurance Companies, which includes Privilege Underwriters Reciprocal Exchange (PURE), the policyholder-owned property and casualty insurer designed...
U.S. Offers $30 Million in Grants to Help Coastal Areas Mitigate Flooding, Rising Seas November 22, 2019 The U.S. government’s oceans and waterways agency will provide $30 million to improve coastal resilience, officials said, aiming to reduce...
Former Ironshore, Lexington CEO Kelley to Retire at Year’s End from Liberty Mutual November 22, 2019 By Andrew G. Simpson Liberty Mutual Insurance today announced that long-time industry leader Kevin H. Kelley, vice chairman, Global Risk Solutions, will retire at...
McDonald’s Employees’ Suit Claims Store Redesign Abets Workplace Violence November 22, 2019 By Hilary Russ McDonald’s Corp. employees on Thursday sued the fast food giant and several of its franchisees in Chicago over a store...
Disappointed Fans Lose Fight Over Mayweather-Pacquiao Boxing Match November 22, 2019 By Jonathan Stempel A U.S. appeals court on Thursday said boxing fans who felt cheated after learning that Manny Pacquiao had been injured...
Uber Audio, Video Recording of Trips for Safety Raises Privacy Worries November 22, 2019 By Lizette Chapman Uber Technologies Inc. is adding video and audio recording for more trips — a move designed to make the service...
Report Urges Insurers to Eye Impact of Climate Change on Underwriting, Investments November 21, 2019 By Don Jergler Insurers can no longer put off addressing the impact of climate change on their underwriting, pricing, and investment decisions, as...
Trump Signs Month-Long Government Funding That Includes Flood Insurance Program November 21, 2019 By Richard Cowan President Donald Trump signed legislation on Thursday that will extend funding for a wide range of federal agencies through Dec....