Commercial Lines
Nationwide, Nexar Report Telematics Success On Commercial Auto Pilot
One of Nationwide's commercial insurance policyholders is realizing the benefits of venture-capital investment that the insurer made in a telematics startup and a pilot program that is reducing risky ...
Greenlight Re Invests in Hong Kong-Based Blockchain Business
A division of Greenlight Capital Re has invested in a blockchain-related business based in Hong-Kong. The Cayman Islands-headquartered property/casualty specialist reinsurer said it pursued a ...
Facebook Cyber Breach Affects 50M Users
Facebook Inc has discovered a security issue affecting about 50 million user accounts, the company said on Friday. Facebook said attackers stole Facebook access tokens through its "view as" feature, ...
Global Insurance Accelerator Begins Search for New Director; Hemesath to Take New Role
The Global Insurance Accelerator (GIA) has begun a search for a new managing director. Brian Hemesath, the current managing director who has taken GIA from concept to a leadership role in InsurTech, ...
Goldman Sachs, Bank of America, Others Must Face Stock Lending Antitrust Suit
Major banks including Goldman Sachs Group Inc., Bank of America Corp., Credit Suisse Group AG and JPMorgan Chase & Co. must face allegations that they conspired to prevent the "antiquated" stock ...
UK Insurer Shares Tank After Hostile Weather and RSA Profit Warning
Just like a lot of British houses this summer, U.K. insurance stocks are sinking. The country's nonlife insurers sector had its steepest drop in more than a year-and-a-half on Friday after its ...
Bosses Should Consider Nuance When Marketing Leadership Development Classes
Nuance may be key in motivating employees to join leadership programs. It's not enough to just dangle the possibility of such an incentive before their eyes. Researchers from Singapore came to that ...
The Latest Launches From Aon and Marsh
Aon co-developed a policy designed to help provide financial support after a terrorist attack. Marsh is expanding its collaboration with IBM to provide clients access to the industry's first ...