Markets
J&J Reaches Confidential Settlement Over Another Baby Powder Asbestos Suit
Johnson & Johnson reached a confidential settlement resolving an Oklahoma lawsuit alleging its iconic baby powder caused a 77-year-old woman to develop a rare cancer connected to asbestos ...
Seeking Profitable Connections Through Vehicle Telematics
Has the adoption of interconnected vehicle telematics reached a tipping point? After some initial hesitation regarding the cost and capabilities of new technologies, by 2016 about 44 percent of ...
The Latest Launches From The Hartford and Coface
The Hartford is debuting a technology platform designed to help cover U.S. companies in more than 200 countries through local and regional partners. Coface is launching new credit insurance coverage ...
Ex-Allstate Exec Troy Named as CSAA Insurance Group’s Next CEO
A former Allstate executive has been named CSAA Insurance Group's next chief executive officer. Thomas Troy will become the California-based insurer's new CEO on April 8, 2019. He is succeeding Paula ...
Lloyd’s Loses $1.3B in 2018; Natural Catastrophe Surge to Blame
Lloyd's of London reported a £1 billion (US$ 1.3 billion) loss for 2018, attributed to an above-average number of major natural catastrophes such Hurricanes Florence and Michael, Typhoon Jebi in ...
‘FEMA Is Worthless’ as U.S. Midwest Farms Pursue Post-Flood Recovery Process
Missouri farmer Richard Oswald needs a lot of help to recover from flooding that left his home and farm looking like a manmade island in an inland sea. Relief groups are giving tetanus shots and ...
Hannover Re Debuts Match-Making Service for InsurTechs and Insurers
Insurtech companies across the globe have created an abundance of innovative solutions and services that span the insurance value chain. However, the challenge for both insurers and insurtechs is how ...
Lloyd’s CEO Neal Pledges to Name/Shame Those Who Commit Sexual Harassment
Lloyd's of London will publicly name and shame anyone it bans from its insurance market for sexual harassment, according to Chief Executive Officer John Neal. "When we do see instances of bad ...