Markets
Buffett’s Berkshire Hathaway Invests in Restoration Hardware
Warren Buffett's Berkshire Hathaway Inc on Thursday disclosed a new investment in RH, boosting shares of the luxury furniture and home furnishings chain once known as Restoration Hardware. Berkshire ...
Gender Reveal Parties ‘Exploding’ in Popularity, and More CM Risk Alerts
Virtual assistants like Alexa and Siri can be hacked using laser light beams. Gender reveal parties are taking a dangerous turn. E-cigarettes may be more harmful to your heart than tobacco. *** In a ...
North American Commercial Insurance 2020 Rate Hikes Likely; Overall Market Hardening Unlikely
Rate increases are likely for North American commercial insurance buyers in 2020, but the trend won't likely lead to an overall hardening market, according to reports from Willis Towers Watson and ...
Former MetLife Exec Sues, Alleging Gender Pay Discrimination and Harassment
A former MetLife Inc. executive claims she suffered years of gender-based pay discrimination and harassment from members of the insurer's top leadership team and that she was fired after complaining ...
U.S. Manufacturing Group Reportedly Hacked by China as Trade Talks Intensified
As trade talks between Washington and Beijing intensified earlier this year, suspected Chinese hackers broke into an industry group for U.S. manufacturers that has helped shape President Donald ...
Generali Takes on AXA With Debut of New Art Insurance Unit
Italian insurer Generali launched a new business Tuesday to cover art works, engaging as a poster boy the contemporary artist Maurizio Cattelan, whose gold-covered statue valued at 2.4 million euros ...
Allianz, Microsoft Partnership Seeks Industry Transformation Through Open-Source Software
Allianz SE and Microsoft Corp. are partnering to reimagine the insurance industry experience for carriers and customers, in part through greater use of digital technology and the cloud. Their ...
DataCubes Pulls in $15.2M Financing for Commercial Underwriting Decision Platform
DataCubes, developer of a platform designed to help commercial insurance carriers make underwriting decisions, has closed a $15.2 million round of financing. Plans for the money involve investment in ...