Markets
The New IoT Insurance Wave: Small Commercial!
The growth of the Internet of Things (IoT) is a relevant trend for our hyper-connected society. A few years ago it was estimated that on a normal day, 127 new devices were connecting to the Internet ...
Good Leaders Listen, Giving Employees Plenty of Time to Answer Questions
Executives succeed, in part, by being good listeners, hearing their employees' concerns and questions, and responding in kind. The Random Acts of Leadership blog suggests leaders can improve this ...
Executives On The Move at W.R. Berkley, BHSI and Guy Carpenter
W.R. Berkley Corp. appointed an executive to run a subsidiary focused on workers compensation. Berkshire Hathaway Specialty Insurance promoted one of its executives to a leadership role focused on ...
Farmers Adds Uber Driver Cover to 13 Additional Markets
Farmers Insurance has expanded its commercial auto insurance coverage for Uber drivers into 13 new markets. In all, Farmers said the product is now available to drivers using the Uber App in 14 ...
American Financial Group Decides to Exit Lloyd’s of London
American Financial Group Inc. disclosed it will exit the Lloyd's of London insurance marketplace in 2020, an entity it joined in 2008 through an acquisition. The Ohio-based insurance holding company ...
Jan. 2020 Reinsurance Renewals Vary Widely
The January 2020 reinsurance renewals saw significant variation in pricing and capacity depending on geography, line of business, cedents' loss record and client relationships, according to two ...
JetBlue Discloses Plans to Become First Carbon-Neutral U.S. Airline
JetBlue Airways Corp. said it will become the first large U.S. airline to offset emissions from all of its domestic flights, aiming to become carbon neutral by July as pressure grows on the industry ...
Australia’s Bushfire Crisis Causes Business Interruption Chain Reaction
Australia's deadly bushfire crisis is affecting some of the nation's biggest companies including dairy producer Bega Cheese Ltd. and airline Qantas Airways Ltd. Bega led declines on the benchmark ...