Underwriting
J&J’s Opioid Payout in Oklahoma Reduced to $465 Million
An Oklahoma judge on Friday said Johnson & Johnson must pay that state $465 million for fueling the opioid epidemic through the deceptive marketing of painkillers, down from his original award of ...
CNA’s Improvements Earn an A+ Rating From Standard & Poor’s
CNA Financial Corp. has achieved an "A+" financial strength rating from Standard & Poor's, an upgrade made in recognition of the Chicago-based insurer's efforts to improve its operations and ...
Daimler, Acknowledging Obstacles, Lowers Expectations for Self-Driving Robotaxis
Daimler has taken a "reality check" on self-driving "robotaxis," acknowledging that making them safe is proving harder than first thought amid questions over their future earnings potential. Chief ...
U.S. Manufacturing Group Reportedly Hacked by China as Trade Talks Intensified
As trade talks between Washington and Beijing intensified earlier this year, suspected Chinese hackers broke into an industry group for U.S. manufacturers that has helped shape President Donald ...
DataCubes Pulls in $15.2M Financing for Commercial Underwriting Decision Platform
DataCubes, developer of a platform designed to help commercial insurance carriers make underwriting decisions, has closed a $15.2 million round of financing. Plans for the money involve investment in ...
Insurance Premiums Will Grow 3 Percent Despite Economic Slowdown: Swiss Re
Global insurance premiums will grow 3 percent on average over the next two years even with an emerging global economic slowdown, Swiss Re said in its latest sigma report. Rising loss costs will fuel ...
Nationwide’s Latest Digital Platform Designed to Quicken Agent Quote Process
Nationwide has rolled out yet another digital platform, one designed to help agents quote policies for auto, homeowners and renters insurance in as little as two minutes. The platform, named ...
Beyond RPA: Why Insurers Need to Catch the IPA Wave
The insurance business is fueled by documents—contracts, policies, appraisals, claims, proposals, compliance requirements, customer service logs and more. These pieces of content make up over 80-85 ...