Allianz Expects to Be Back on Track with Profit Targets as COVID Crisis Subsides: CEO July 2, 2020 By Alexander Hübner and Tom Sims Allianz, which is facing headwinds from the coronavirus crisis, expects to be back on track in 2021 barring a second...
How to Prepare for the Next ‘Black-Swan’ Event? Lloyd’s Has Some Suggestions. July 2, 2020 By L.S. Howard Lloyd’s of London is proposing solutions that could provide customers with greater protection against a future wave of the COVID-19...
Sompo Global Risk Solutions Launches Team in London to Serve UK, Europe Markets July 2, 2020 Sompo International Holdings Ltd., a Bermuda-based specialty provider of property and casualty insurance and reinsurance, announced that Sompo Global Risk...
TuSimple Launches Self-Driving Truck Network with Berkshire’s McLane, UPS July 2, 2020 By Nick Carey U.S. technology company TuSimple on Wednesday launched a self-driving freight network with UPS and Berkshire Hathaway Inc. supply chain unit...
AXIS Taps Woolley from GCube as Senior Underwriter, Int’l Construction Team July 2, 2020 AXIS Insurance, the specialty insurance business segment of AXIS Capital Holdings Ltd., announced the hiring of Anna Woolley as a...
Update: Online Insurer Lemonade Raises $319M During U.S. Stock Market Debut July 2, 2020 By Crystal Tse Lemonade Inc., the online home insurance provider backed by SoftBank Group Corp., jumped as much as 86% after raising $319...
North Carolina to Test All Nursing Home Residents, Workers July 2, 2020 By Bryan Anderson All North Carolinians living and working in nursing homes will soon receive a one-time coronavirus test, the state announced Tuesday....
FAA, Boeing Complete Certification Test Flights on 737 MAX, in Key Milestone July 2, 2020 By David Shepardson The Federal Aviation Administration and Boeing Co have completed certification test flights on the 737 MAX, a key milestone toward...
Propel Insurance Acquires HealthCare Services of Tennessee July 2, 2020 Propel Insurance, a retail insurance agency and a portfolio company of Flexpoint Ford, has acquired HealthCare Services (HCS), a risk...
From Enron to Wirecard – Big 4 Accounting Firms Still Face Systemic Problems July 2, 2020 By Ellen Milligan and Hugo Miller Two decades of financial disasters from Enron Inc.’s collapse in 2001 to Wirecard AG’s meltdown have left the Big Four...