Commercial Lines
InsurTech CoverWallet Secures $18.5M to Grow Small Biz Insurance Platform
Digital business insurance agency CoverWallet said it has closed an $18.5 million Series B funding round led by Foundation Capital with participation from existing investors Union Square Ventures, ...
42% of Workers Comp Premiums Set to Evaporate by 2030 as Jobs Get Automated
Piggybacking on the research of academics and researchers who studied the impact of automation on jobs a few years ago, two insurance analysts recently calculated an important impact for workers ...
Cat Bond Issuance Still Has a Record Year; Q3 Was Typically Slow
Catastrophe bond issuance came to just $460 million in new limit during the 2017 third quarter, though the typically slow Q3 added to what remains a record year for the sector, the Property Claims ...
Zubretsky Out, Roche in as CEO of The Hanover
The Hanover Insurance Group announced Tuesday that John C. Roche has been appointed president and chief executive officer, effective Nov. 4, succeeding Joseph M. Zubretsky. The news came about a half ...
U.S. Supreme Court Won’t Yet Decide What Constitutes a Computer Hacking
The U.S. Supreme Court on Tuesday sidestepped a growing controversy over who can give permission to access a computer, a debate that goes to the core of what constitutes hacking in this era of ...
Calif. Wildfires Kill 11, Prompt Massive Evacuations, Damage Prime Vineyards
Wildfires that tore through northern California's iconic wine-growing regions have prompted evacuations of more than 20,000 people, killed 11 and damaged some of the most valuable vineyards and ...
Corporate Social Responsibility Can Get a CEO Fired: Research
CEOs are increasingly encouraged and even pressured to invest in reducing a company's carbon foot print, make the firm more diverse and focus on product safety. But researchers from the University of ...
UK, EU Clash Over Blocked Brexit Talks
Britain and its European Union partners clashed on Monday over which side should make the next move to unblock Brexit talks, despite concerns they will miss a deadline for a divorce deal and that ...