Personal Lines
6-Feet Social Distancing Workplaces Are Increasingly Likely
One-way corridors, buffer zones around desks, and clear plastic screens to guard against colleagues' coughs and sneezes may become office standards after coronavirus stay-at-home orders are lifted, ...
The Latest Launches at Guy Carpenter, IVANS and CyberCube
Guy Carpenter has unveiled a new Philippines Flood Model. IVANS now has a product designed to provide insurers with premium benchmarks to support price optimization and increase win rates. CyberCube ...
AIG Shareholders to Vote on Executive Pay Proposals
American International Group Inc faces a crucial test on Wednesday, when shareholders are to vote on whether the board of directors has adequately addressed their concerns about executive pay. ...
Travelers, Adapting to a COVID-19 World, Will Hire Hundreds of Key Tech Experts
Travelers said it is hiring hundreds of people before the end of 2020, a large number of which will be in the technology space to help the insurer conduct business virtually. The Hartford-based ...
NICB Makes Homeland Security Vet Glawe Its New CEO
A veteran leader at the U.S. Department of Homeland Security and former FBI officer is joining the National Insurance Crime Bureau as its new president and CEO. NICB hired David Glawe to lead the ...
Cryptocurrency Investor Sues Teen for $71.4M Over Alleged Swindle
A U.S. cryptocurrency investor on Thursday sued a suburban New York high school senior, accusing the 18-year-old of being the mastermind and ringleader of a cybercrime scheme that defrauded him out ...
Carriers Lost Billions of Dollars in April From U.S. Extreme Weather Events: Aon
Extensive severe weather events in the United States during April cost insurers billions of dollars, according to the latest edition of Aon's Global Catastrophe Recap report. There were 14 killer ...
Progressive Endures Significant Q1 Coronavirus Impact
The Progressive Corp. said its results for the first quarter were "significantly impacted" by the spread of the coronavirus and social distancing and shelter-in-place restrictions. Despite a 30 ...