PG&E Cleared of Liability in Major 2017 Fire; Bankruptcy Still Likely January 25, 2019 By Nichola Groom and Sharon Bernstein California fire investigators on Thursday concluded that a major 2017 wildfire was caused by privately owned electrical equipment, prompting the...
Workers’ Compensation Insurtech Pie Insurance Enters 5 Additional States January 25, 2019 Online seller Pie Insurance has started offering its workers compensation insurance in five more states, bringing the total to 14....
France’s Ban on Glyphosate Expected to Curb 80% of Use by 2021 January 25, 2019 France expects to have cut the use of weedkiller glyphosate by 80 percent by early 2021, its agriculture minister said...
New Jersey’s Jimcor Agency Adds Three Sales Team Members January 25, 2019 Jimcor Agency Inc., a Montvale, N.J.-based independent managing general agent and insurance wholesaler, has hired Michael Hogan, Kyle Lacertosa and...
Bank Issues China’s First Perpetual Bond as Investment Restrictions on Insurers Eased January 25, 2019 By Andrew Galbraith China’s fourth-largest lender on Friday issued the first-ever perpetual bonds by a Chinese bank, with yields at the low end...
Why Many Americans Will Never Be Able to Retire: Viewpoint January 25, 2019 By Noah Smith, Bloomberg Opinion Traditionally, Americans could look forward to a comfortable retirement. After four decades in an office or a factory, sometime in...
Boeing Sees Flying Cars Revolutionizing Urban Transportation, Package Delivery January 25, 2019 By Eric M. Johnson Boeing Co said on Wednesday its flying car prototype hovered briefly in the air during an inaugural test flight, a...
Progressive Embarks on Hiring Binge: 10,000 People in 2019 January 25, 2019 Insurer Progressive said it expects to hire more than 10,000 people in the coming year to support its growth. Positions...
‘Resilient’ Bermuda Reinsurance Market Copes with U.S. Tax Reform, Catastrophes January 25, 2019 Bermuda-based (re)insurers continue to be tested by challenging market conditions, including heightened catastrophic losses and diminishing competitive advantage resulting from...
Anbang Insurance Assets for Sale Include Manhattan Building, Health Insurer, Hotels January 25, 2019 Anbang Insurance Group Co., which symbolized the era of mega-acquisitive Chinese companies that later had to reverse their buying binges,...