Report Warns of Robots Taking Restaurant, Trucking, Clerical Jobs January 28, 2019 By Matt O'Brien Robots aren’t replacing everyone, but a quarter of U.S. jobs will be severely disrupted as artificial intelligence accelerates the automation...
Progressive Takes Aim at Multi-Line Insurers January 25, 2019 By Tom Super With much of the property/casualty insurance industry’s attention focused on external threats from insurtechs and digital native companies, perhaps the...
Businesses View Cyber, Business Interruption as Bigger Risks Than Catastrophes January 24, 2019 By L.S. Howard Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global...
Here Comes the New Generation of Very Rich Americans January 23, 2019 By Ben Steverman The rich are getting richer, and younger. A survey of U.S. investors with $25 million or more finds their average...
Warming Oceans Cause Krill to Shift Closer to Antarctica: Scientists January 22, 2019 By Alister Doyle Krill are shifting south towards Antarctica as the oceans warm, disrupting stocks that are eaten by penguins and whales and...
From Banks to Telecoms, Large Firms Disclose Risks, Opportunities of Climate Change January 22, 2019 By Christopher Flavelle Bank of America Corp. worries flooded homeowners will default on their mortgages. The Walt Disney Co. is concerned its theme...
Insurance Covered $90B of Natural Disaster Losses in 2018, Leaving 60% Protection Gap January 22, 2019 The economic costs of last year’s 394 natural catastrophe events came to US$225 billion with insurance covering US$90 billion of...
P/C Insurers Pulled Off Underwriting Turnaround in First 9 Months January 18, 2019 Private U.S. property/casualty insurers reported a $4.7 billion net underwriting gain in nine-months 2018, a sharp turnaround from a $21.0...
The Bright Side in a Graying U.S. Workforce: Viewpoint January 18, 2019 By Mark Miller Economists call it the “old-age dependency ratio” – a rough measure of the balance between people who work and retirees....
Hiscox Stages Cyber Attack to Show Small Businesses What It’s Like to Be Hacked January 18, 2019 Hiscox, a specialist in small business and cyber insurance, recently staged a “real world” hack to demonstrate what a cyber...