Underwriting
More Companies Added to Suit Alleging Facebook Ad Tools Discriminate Against Older Job Seekers
A proposed class action lawsuit alleging Facebook's ad placement tools facilitate discrimination against older job-seekers has been expanded to identify additional companies, further widening the ...
3 Tips for Commercial Insurers Pursuing Technological Change
Commercial insurers, like other carriers, are gearing up for some major technology-driven transformations. Here, we list three ways that insurers can ready their organizations for the changes to ...
What is business transformation in insurance? Insurance business transformation is an operating model and technology foundation shift that allows organizations...
InsurTech Investment Deals Hit New High in Q1: Willis Towers Watson
InsurTech investment deals reached a new high in the 2018 first quarter, with older insurers and reinsurers increasingly committing financing right along with traditional venture capitalists, Willis ...
Marine Insurance Blockchain Makes Its Debut
A blockchain that is said to be the first for $30 billion marine insurance is now in commercial use, according to a coalition of technology, insurance, marine and consulting businesses. EY, ...
United Airlines Reaches ‘Resolution’ With Owners of Puppy That Perished in Overhead Bin
United Airlines has reached a "resolution" with the owners of a small French bulldog puppy that died during a flight after a cabin attendant ordered it stowed in an overhead bin in March, the carrier ...
Winner in J&J Baby Powder Asbestos Suit Gets $4 million in Punitive Damages
Jurors weighing how to punish Johnson & Johnson in a lawsuit asked a judge if they could force the company to warn consumers that its Johnson's Baby Powder could be contaminated with asbestos, ...
Much More M&A Is Coming as Companies Seek Scale/Tech Advances: A.M. Best
Expect more property/casualty insurance and reinsurance M&A deals in the months ahead — particularly among smaller carriers — as companies continue seeking scale and technology to improve ...
Insurers Back Global Regulation Provision in Newly-Passed Banking Reform Bill
The financial services regulatory reform measure passed by Congress yesterday, which contains parts of more than 25 different bills, includes a provision on international insurance regulation that is ...