Swiss Re H1 Profit Hit by Ethiopian Airlines Crash, Grounding of Boeing 737 MAX July 31, 2019 Swiss Re’s first-half net profit fell 5.3%, as claims relating to the Ethiopian Airlines crash and the subsequent grounding of...
University Lawsuit Accuses Big Retailers of Infringing ‘Reinvented’ Light Bulb Patent July 31, 2019 By Jonathan Stempel Five major retailers, including Amazon.com Inc and Walmart Inc, were sued on Tuesday by the University of California over what...
The Hilb Group Acquires Rhode Island’s Damiano Agency July 31, 2019 The Hilb Group LLC (THG) has acquired Rhode Island-based Damiano Agency (DA). The transaction became effective July 1, 2019. For...
Capital One Investors Wary of Reputational Impact of Data Breach July 31, 2019 By David Henry Capital One Financial Corp.’s assurances that a major data breach would have a limited impact on customers or profit failed...
Congress Looks to Jump Start Stalled Driverless Vehicle Bill July 31, 2019 By David Shepardson Two key committees in the U.S. Congress on Tuesday said they will revive efforts to pass long-stalled legislation to speed...
Vermont Water System Operators Told to Test for PFAS Contamination July 31, 2019 The Vermont Agency of Natural Resources says it has notified public drinking water system operators to start testing for a...
Moody’s Acquisition Could Signal Shift in Pricing of Climate Risk: Viewpoint July 31, 2019 By Leonid Bershidsky, Bloomberg Opinion The acquisition of California-based Four Twenty Seven, Inc., by Moody’s Corporation could signify the beginning of a major shift in...
Sexual Harassment Scandal Rocks Florida CFO’s Office; Banking Regulator Fired July 31, 2019 By Bobby Caina Calvan The Florida Cabinet fired the state’s top banking regulator last week, a week after the release of a state investigator’s...
Kentucky Teen’s $250M Defamation Suit Against Washington Post Dismissed July 31, 2019 By Dylan Lovan A federal judge has thrown out a Kentucky teen’s lawsuit accusing the Washington Post of falsely labeling him a racist...
Why Agencies Shouldn’t Be Afraid of Insurtech and Need to Adopt It – Now July 31, 2019 By Amy O'Connor There’s been a barrage of insurtech products hitting the market for several years now, creating confusion for some agency owners...