Government
Travelers CEO Schnitzer Urges Congress to Reduce Corporate Taxes
Alan Schnitzer, the new chief executive officer of insurer Travelers Cos., called on U.S. lawmakers to reduce corporate taxes or risk harming business in country. "We continue to see the U.S. ...
AIG CEO Hancock Sees MetLife ‘Too Big to Fail’ Ruling as Opportunity
A judge's ruling that MetLife Inc is not "too big to fail" opens up an opportunity for insurer American International Group Inc to seek an exemption from the tag, AIG Chief Executive Peter Hancock ...
The Hidden Cost of Standing Still: Legacy Platforms Slow Growth and Halt the Shift to AI-Enabled Insurance Business
Presented by Majesco
There is a hidden disease that is killing insurers — the disease of legacy technology. The problem is a matter...
MetLife Beats Back U.S. Government’s Too-Big-to-Fail Label
MetLife Inc. beat back a U.S. attempt to label it too big to fail, which would've put America's biggest life insurer under tougher government scrutiny and forced it to put more money in reserves. A ...
FBI Seeks Help from U.S. Businesses in Ransomware Hacker Investigation
FBI is asking businesses and software security experts for emergency assistance in its investigation into a pernicious new type of "ransomware" virus used by hackers for extortion. "We need your ...
ISO Will Gather and Analyze Terrorism Insurance Data for U.S. Treasury Dept.
The property/casualty insurance data and rating organization ISO will collect and help analyze terrorism data this year for the U.S. Department of the Treasury, the federal agency charged with ...
South Dakota Becomes 32nd State with a Ridesharing Insurance Law
South Dakota recently became the 32nd state to approve a law that requires ridesharing drivers to carry insurance for all parts of a ridesharing experience. South Dakota Gov. Dennis Daugaard signed ...
State Farm Among Companies Ending Donations to Controversial Congressman
Add the nation's largest property-casualty insurer to the growing list of financial companies that won't be donating to U.S. Representative Scott Garrett in the wake of his alleged anti-gay remarks. ...
Iranian Hacking of U.S. Targets Was Widespread: Federal Prosecutors
Hackers linked to the Iranian government launched cyber-attacks on some four dozen U.S. financial institutions and a flood-control dam north of New York City in forays meant to undermine U.S. markets ...