Personal Lines
A Catastrophic Wildfire Fund Is Under Serious Consideration in California
Creation of a catastrophic wildfire risk pool is emerging as the most likely option as California lawmakers seek to protect the solvency of investor-owned utilities from record payouts for fire ...
QBE’s Zortman Is Joining AIG to Lead Its High Net Worth Customer Biz
A veteran of QBE Group and the old Fireman's Fund Insurance is joining AIG to lead its Private Client Group, a division that serves the insurance giant's high net worth customers. Kathleen Zortman is ...
Cosby Accuses AIG of Reaching Unauthorized Settlement in Sex Abuse Suits
Seven women who said Bill Cosby sexually assaulted them decades ago and then labeled them liars by denying it have settled defamation lawsuits against the imprisoned actor. Court documents filed ...
Finance Companies in the UK Make Little Progress in Reducing Gender Pay Gap
Women working in the U.K.'s financial-services industry are seeing little improvement in their pay parity with male colleagues, according to the latest batch of disclosures as this year's reporting ...
Veteran Nationwide CEO Rasmussen Plans to Retire; Succession Search Is Underway
Long-time Nationwide Chief Executive Officer Steve Rasmussen plans to retire later in 2019, the company disclosed. Rasmussen's last official day as CEO will be Oct. 1, 2019, capping more than 10 ...
The 2019 Atlantic Hurricane Season Could Bring 13 Named Storms
There's a lot of reasons people think 13 is an unlucky number. This year may add another. At least 13 storm systems should reach tropical strength and get a name in 2019, with five becoming ...
New Slice Labs Unit Relies on AI, Machine Learning to Help Clients Fine-Tune Their Operations
Slice Labs Inc., known for its on-demand insurance cloud platform, recently launched a new business unit. The division, named Slice Mind, centers around an "insight engine that helps companies with ...
Massive Amounts of Facebook User Data Found Posted on Amazon Cloud Servers
Facebook Inc. user data is still showing up in places it shouldn't. Researchers at UpGuard, a cybersecurity firm, found troves of user information hiding in plain sight, inadvertently posted publicly ...