Underwriting
A ‘Textalyzer’ May be One Possible Way to Fight Distracted Driving
Ben Lieberman just wanted to find out what may have caused the head-on collision that killed his 19-year-old son, Evan, on a highway north of New York City. It took a lawsuit and six months in court ...
Clients Increasingly Savvy About Cyber Insurance Coverage
Cyber remains an evolving risk and insurers are still figuring out how to master it as demand morphs and soars. With that in mind, there is some good news: clients are increasingly better informed ...
Companies Without Cyber Cover Relying on Kidnap Insurance to Recoup Ransomware Losses
Companies without cyber insurance are dusting off policies covering kidnap, ransom and extortion in the world's political hotspots to recoup losses caused by ransomware viruses such as "WannaCry," ...
EU Must Guard Against UK Seeking Post-Brexit Regulatory Edge: Merkel
German Chancellor Angela Merkel said the European Union needs to guard against the U.K. gaining an economic edge by easing regulation when it leaves the bloc. On day one after Brexit, the U.K. will ...
Travelers Is Training Dozens of Its Claims Professionals to Operate Drones
Travelers' Claim University, founded in 2007, is working to change the way its claims professionals do business through the use of drones to assist in property inspection and claims analysis. The ...
Artificial Intelligence Is Helping Zurich Insurance With Personal Injury Claims
Zurich Insurance is deploying artificial intelligence in deciding personal injury claims after trials cut the processing time from an hour to just seconds, its chairman said. "We recently introduced ...
Allstate Discloses $235M in Pre-Tax Catastrophe Losses for April
The Allstate Corp. disclosed $235 million in pre-tax catastrophe losses for April. Broken down, the number encompasses 11 catastrophe events that cost the insurer $229 million pre-tax, plus ...
Avoiding Birds Is Big Focus of Amazon’s Delivery-Drone Research
Amazon.com Inc.'s development of package-delivery drones is progressing to the point where the company is now thinking a lot about geese. The e-commerce company said Thursday it has started ...