Markets
Activist Fund Fails to Boot Kessler As SCOR CEO; Shareholders Reject Ouster Proposal
Reinsurer SCOR's shareholders on Friday blocked an attempt by an activist fund to oust the company's CEO, in a sign that activist investors are increasing pressure on French blue chips. Nearly three ...
Lloyd’s to Unveil New Strategy This Week as Storm Clouds Gather
Lloyd's of London, the world's oldest insurer of seafaring vessels, is facing its own perfect storm. Old-fashioned business practices, exposure to natural disasters, competition from rival centers ...
Smokers vs. Kids: Exploring the Impacts of Nicotine Limits for E-Cigs
She tried gums, patches and various electronic cigarettes to quit smoking. What finally worked for Chantel Williams was a small, reusable e-cigarette called Juul that packs a big nicotine punch. "I ...
Tesla’s Musk Renews Plans to Take on Insurers
During Tesla's earnings call last Wednesday, Chief Executive Officer Elon Musk said that the company is creating its own insurance product and hopes to launch it in about a month. The comments ...
Argo Shareholder Details Allegations of Excessive Corporate Jet Use
An activist Argo Group shareholder accuses the company of using a corporate jet for 1,500 flights in recent months and questions whether the trips were exclusively for business purposes. So goes the ...
HOVER Raises $25M Series C; 3D Home Improvement Startup Touts P/C Insurance Partners
HOVER, a 3D technology/e-commerce startup that counts insurers among its customers, has raised a $25 million Series C financing round. The San Francisco-based company said its technology platform ...
Marsh Will Begin Rollout of Proof of Insurance Blockchain to U.S. Commercial Clients
Marsh said it will start rolling out its Proof of Insurance Blockchain platform to U.S. commercial clients. Originally launched as a proof of concept last April, Marsh's blockchain-driven Proof of ...
Workplace Injury Claims Keep Dropping With Increase in Older Workers
The number of workplace injury claims continues to decline year after year despite significant changes in workforce demographics that one might think should increase claims frequency, according to a ...