Insurers Increasingly Embrace Robots over Humans for Customer Service April 19, 2017 By Oliver Suess Frustrated with automated answering machines before you finally get to speak with a customer service representative? When it comes to...
CEOs of California Sewing Firms Sentenced for Workers’ Comp Fraud March 17, 2017 Sisters who are CEOs of sewing companies that are subcontracted by True Religion jeans have been sentenced for conspiring with...
Insurtech Startups Attract Growing List of Traditional Insurer Partners November 28, 2016 By Oliver Suess Listening to Andrew Rear talk about insurers, you wouldn’t think he works for one that’s been around for 136 years....
Could Trouble with Comp Products from Berkshire Affiliates Land in Brokers’ Laps? September 26, 2016 By Don Jergler and Elizabeth Blosfield Insurance brokers who sold allegedly illegal workers’ compensation products from Berkshire Hathaway affiliates involved in legal and regulatory troubles in...
The Hartford Attracting Bidders for Annuity Runoff Business September 22, 2016 By Katherine Chiglinsky and Matthew Monks Hartford Financial Services Group Inc. is working with JPMorgan Chase & Co. to see if the insurer can find a...
Berkshire Accused of Stealing Workers’ Comp Premiums in Manhattan Lawsuit September 12, 2016 By Elizabeth Blosfield New York City-based Breakaway Courier Corp. has filed a lawsuit against Omaha, Neb.-based Berkshire Hathaway Inc. for an alleged illegal...
Soft Prices May Bring Reinsurer Losses when Typical Cat Levels Return: Execs August 23, 2016 By Oliver Suess and Jan-Henrik Förster It won’t take another Hurricane Katrina for reinsurers to face losses from covering the cost of storms and earthquakes. Competitors...
Berkshire Hathaway Purchasing New York Medical Liability Insurer July 18, 2016 Berkshire Hathaway subsidiary National Indemnity Co. is acquiring Medical Liability Mutual Insurance Co. of New York for an undisclosed price....
California Commissioner Issues Cease and Desist Order to Applied July 1, 2016 Update: The California Department of Insurance originally issued a cease and desist notice, not an order as is reported below....
Geico to Hire More Than 100 New Associates in New York May 3, 2016 Geico said it plans to hire more than 100 new associates in its Buffalo, New York, office for additional positions...