Underwriting
Reith Will Step Down as Neon Group CEO, but Remain as Board Member
Neon, a Lloyd's specialist insurer, said that its Group CEO Martin Reith is stepping down from running the company. Reith will make the transition on Sept. 30, though he'll remain a member of the ...
Score for Privacy: Google Email-Scanning Lawsuit Allowed to Proceed
Google is still fighting a lawsuit over surreptitious scanning of emails of non-Gmail users almost three years after it agreed to stop the practice. In a tentative ruling Thursday, a judge in ...
California Utility Reaches $11B Settlement Over Wildfire Claims
California power producer PG&E Corp said on Friday it has reached an $11 billion settlement with entities representing about 85% percent of insurance subrogation claims relating to 2017 and 2018 ...
Nationwide Unveils Commercial Insurance Digital Storefront Developed With Bold Penguin Infrastructure
Nationwide said it has formally launched a commercial insurance digital storefront targeted to small businesses. Small business owners will be able to use the site online directly to generate a quote ...
Autonomous Vehicle Systems Fall Short (So Far) With Driving Complexities
To the human driver, it would have been an obvious obstacle: a police car and fire truck, emergency lights blazing, blocking the lane ahead. But to the Tesla Inc. Model S traveling down a Southern ...
J&J Must Pay at Least $37.2M to Plaintiffs Who Blamed Cancers on Talc Powder
Johnson & Johnson must pay at least $37.2 million to four consumers who blamed asbestos-tainted talc for their cancers in the company's latest loss in nationwide litigation over its iconic baby ...
China-Owned Insurer Helps Soften Trade War Hits for Exporters and Importers
As the U.S.-China trade war intensifies, an insurance company run by the Chinese government is stepping in to support Chinese exporters, providing low cost coverage and chasing down U.S. importers ...
Next Insurance Makes Room for Agents After All
Next Insurance has begun formally marketing a portal designed to help independent agents quickly quote and sell its policies. Next said the system, dubbed "Next for Agents," had been in beta testing ...