Commercial Lines
U.S. Companies Warn China’s Data Rules Risk Creating ‘Digital Island’
China's "uniquely restrictive" data laws risk boosting U.S. firms' cost of doing business in the No. 2 economy and could lead to digital decoupling, a new report from an American business group ...
RLI Combined Ratio Dips Below 80 for First-Quarter 2022
A sub-100 combined ratio is what publicly traded property/casualty insurance carriers strive to report. The sub-90s combined ratios that many carriers reported in 2021 are even better. A sub-80? That ...
‘Zero-Day’ Hacks Hit Record in 2021, Google Researchers Say
After a year dominated by high-profile ransomware attacks and supply chain compromises, researchers from Alphabet Inc.'s Google have identified another ignominious cyber milepost for 2021: a record ...
Labor Board Judge Rules Amazon Must Reinstate Fired Warehouse Worker
A judge has ruled Amazon must reinstate a former warehouse employee who was fired in the early days of the pandemic, saying the company "unlawfully" terminated the worker who led a protest calling ...
Dos and Don’ts for Insuring Growing Transportation and Logistics Businesses
The demand for delivery services has never been higher than it is today. And neither has the demand for insurance in the delivery industry. Delivery companies contracting with independent contractors ...
Natural Disasters Cost Global Economy $32B in Q1, With Only $14B Insured: Aon
Preliminary economic losses from natural hazards during the first quarter of 2022 totaled $32 billion, of which less than 50 percent (or $14 billion), was covered by public and private insurers, ...
Judge Finds Tesla Liable to Black Former Worker Who Alleged Bias, but Slashes Payout
A federal judge said on Wednesday Tesla Inc. was liable to a Black elevator operator who said the electric car company ignored racial abuse at the factory where he worked but reduced a nearly $137 ...
How to Succeed in Workers Comp: A Digital Distribution Playbook
Workers compensation is inarguably the most competitive line in the commercial lines insurance market this year. According to most broker and carrier market reports, it's the only one that has ...