Underwriting
Zurich Insurance Said It Will Meet or Beat Its 2019 Financial Targets
Zurich Insurance is on track to meet or beat its financial targets to 2019 and is seeing positive trends in property and casualty (P&C) insurance pricing. Europe's fifth-biggest insurer made the ...
Progressive Introduces Insurance Comparison Quoting Platform for Small Business Owners
Ohio-based national insurer Progressive has joined the ranks of carriers offering small businesses a platform to buy insurance quickly and simply. The insurer's new online BusinessQuote Explorer ...
Design Flaws in ‘Smart Home’ Devices Threaten Sense of Security They Bring
Researchers at North Carolina State University have identified design flaws in "smart home" Internet-of-Things devices that allow third parties to prevent devices from sharing information. The flaws ...
Brexit Could Hamper EU AI Technology Development: Official
The loss of the U.K.'s financial power and expertise as a result of Brexit is likely to exacerbate the European Union's lag in the global technological arms race, according to Anders Borg, a former ...
J&J Reportedly Will Fork Over $1B to Resolve Most Metal-Hip Suits
Johnson & Johnson agreed to pay about $1 billion to resolve most lawsuits claiming it sold defective metal-on-metal hips that ultimately had to be removed, according to people with knowledge of ...
Lawsuits Accuse Two U.S. Solar Firms of Workplace Racism
Two residential solar companies have now been accused in separate lawsuits of discriminating against African American employees in warehouses. Six former employees of New Jersey-based Momentum Solar ...
AIG’s Duperreault Promises a Full Year of General Insurance Underwriting Profit, Catastrophes or Not
American International Group President and CEO Brian Duperreault insists that the insurer's General Insurance unit will generate an underwriting profit through all of 2019. During the insurer's May 7 ...
Nationwide, Ryan Specialty Form New Bermuda Reinsurer
Ryan Specialty Group (RSG) and Nationwide announced they have formed a new Bermuda reinsurance company, Geneva Re Ltd. Columbus, Ohio-headquartered Nationwide will own 50 percent of the venture with ...