How Big Tech Hopes to Turn Cars into Connected Revenue Machines January 9, 2020 By Jane Lanhee Lee and Stephen Nellis Technology companies transformed smartphones and televisions into continuous fountains of revenue. Now, big tech wants to work with automakers to...
Parametric Insurance Fills Gaps Where Traditional Insurance Falls Short January 9, 2020 By Daniel Brettler and Timothy Gosnear Although parametric solutions have been generally available since the late 1990s, they have more recently found their way into corporate...
U.S. Had 14 Weather Disasters of $1 Billion or More in 2019 January 9, 2020 By Brian K. Sullivan The U.S. had 14 weather disasters costing $1 billion or more last year, with Midwest flooding accounting for almost half...
U.S. Study Questions Baby Powder Link to Ovarian Cancer January 9, 2020 By Robert Langreth and Jef Feeley A study of more than 250,000 women found that those who used talc or other personal-hygiene powders weren’t significantly more...
Ex-Lexington Insurance Exec Heads New National Specialty Broker One80 January 8, 2020 One80 Intermediaries, a national wholesale insurance broker and program manager headquartered in Boston and built through acquisitions, officially launched Tuesday,...
Big I Education Director Boggs Takes on Expanded Role in Risk Management January 8, 2020 Chris Boggs, executive director of education for the Independent Insurance Agents and Brokers of America (Big I), is adding risk...
Lawyers Try Unusual Legal Path to Advance Sex Abuse Claims Against Boy Scouts January 8, 2020 By David Crary A team of lawyers filed a lawsuit this week in federal court in Washington, D.C., seeking to establish the nation’s...
Natural Catastrophes Cost $150B in 2019, with Insurers Paying $52B: Munich Re January 8, 2020 By L.S. Howard Natural catastrophes caused overall losses of US$150 billion during 2019, including insured losses of about US$52 billion, which matches the...
Teens Still Not Driving Like Teens Used To: Viewpoint January 8, 2020 By Justin Fox, Bloomberg Opinion The much-discussed collapse in teenage driving in the U.S. seems to have ended a few years ago. But the less-discussed...
Trump Administration Seeks to Limit ‘Overreach’ of Regulation of Artificial Intelligence January 8, 2020 By David Shepardson The White House on Tuesday proposed regulatory principles to govern the development and use of artificial intelligence (AI) aimed at...