Markets
Leaving Your Work Silos in Place Can Contribute to Dishonest Company Culture
Executives might want to try harder to make sure their companies' various silos communicate and work better together with each other. That's because poor "cross-functional collaboration" can lead to ...
Crop Insurance Planting Deadlines Stressed by Massive U.S. Farmland Flooding: Reuters
At least 1 million acres (405,000 hectares) of U.S. farmland were flooded after the "bomb cyclone" storm left wide swaths of nine major grain producing states under water this month, satellite data ...
InsurTech Startup Sees Room for Chatbots for Workers Comp Claims
For years, automobile insurers have used automatic dialogue devices, called chatbots, to field calls from policyholders when they report claims. Last year, personal insurance startup Lemonade took ...
Family Sues Boeing in U.S. Over Ethiopian Airlines Crash
A lawsuit against Boeing Co was filed in U.S. federal court on Thursday in what appeared to be the first suit over a March 10 Ethiopian Airlines 737 MAX crash that killed 157 people. The lawsuit was ...
AIG Will Depart Individual Personal Lines Business in Canada
American International Group has decided to stop underwriting new policies in its individual personal insurance lines of business in Canada, namely auto and homeowners. "We continually review our ...
InsurTech Will Revolutionize Inland Marine by Cutting Costs for Customers, Carriers
InsurTech advances will soon drive down unacceptably high expense ratios in the inland marine sector, making it possible to insure even hard-to-place small or one-off inland marine risks at the best ...
The Latest Launches From Chubb and Nationwide
Chubb has enhanced its global digital platform with an eye on better serving its multinational clients and brokers. Nationwide's digital insurance platform designed for small business clients has ...
Shareholder Accuses Argo Group of Illegally Appointing Two Board Members
An Argo Group shareholder accusing the company and CEO Mark Watson III of extravagant spending practices now claims that the carrier illegally appointed two board members. Argo disagreed, continuing ...