Markets
States Couldn’t Impose Driverless Car Rules Under House Panel-Approved Proposal
A U.S. House panel on Wednesday approved a sweeping proposal by voice vote to allow automakers to deploy up to 100,000 self-driving vehicles without meeting existing auto safety standards and bar ...
Risk is ‘Substantial’ That the UK Won’t Achieve Brexit Deal: Moody’s
The risk that the UK will tumble out of the European Union in two years without a Brexit deal is "substantial," Moody's Investors Service said. Such an outcome would affect everything from banks to ...
Executives On The Move at AmTrust, Chubb, Neon and GCube
AmTrust Financial Services hired an executive to handle business strategy and business development. Chubb has a new Life Sciences Industry practice leader for North America. Neon named a new director ...
Ron Lockton Is Lockton Inc.’s New President and CEO
Lockton Inc.'s president and CEO has resigned, and a scion of the broker's founding family has replaced him. Glenn Spencer left the privately held independent insurance broker for personal reasons, ...
Battle Comes Closer Over New U.S. Rule on Class Action Lawsuits
A U.S. rule years in the making that was intended to restore consumers' ability to band together to sue financial companies could unravel in just a few months as the heads of two federal agencies ...
Travelers Adds Smartphone App to Usage-Based Auto Insurance Option
Travelers is debuting a smartphone app designed to go with its usage-based auto insurance coverage, with an initial launch in two states. Participating customers who use the app and drive safely can ...
At Friendsurance, Continuous Performance Evaluations Help Employees Learn and Grow
Here's an idea for insurers seeking to inspire and retain their talented, and younger employees: continuous performance evaluations. Friendsurance, the Berlin-based peer-to-peer insurance broker, ...
The Latest Launches From Nationwide and Willis Towers Watson
Nationwide added a function to Amazon Alexa that lets subscribers of its usage base auto insurance program access data via voice command. Willis Towers Watson is debuting a virtual, actuarial ...