Industry News
‘Forever Chemical’ Bans Face Hard Truth: Many Can’t Be Replaced
As lawmakers around the world weigh bans of cancer-linked "forever chemicals," many manufacturers are pushing back, saying there often is no substitute for the compounds. Minnesota and Maine have ...
Fugees Rapper Says Lawyer’s Use of AI Helped Tank His Case, Pushes for New Trial
A multimillion-dollar conspiracy trial that stretched across the worlds of politics and entertainment is now touching on the tech world with arguments that a defense attorney for a Fugees rapper ...
Picture an experienced underwriter who’s spent 30 years building carrier relationships, spotting risks others miss, and mentoring producers. Over the...
Communities Can’t Recycle or Trash E-Cigarettes. So, What Happens to Them?
With the growing popularity of disposable e-cigarettes, communities across the U.S. are confronting a new vaping problem: how to safely get rid of millions of small, battery-powered devices that are ...American Family Shuts Down Some Systems to Investigate ‘Unusual Activity’
American Family Insurance shut down "several business systems" after the insurer said it "detected unusual activity in a portion of its network." In an email to Insurance Journal, the Madison, ...
Changes to NCCI’s Experience Modification Factor Take Effect Nov. 1
Alterations to the experience modification factor, or e-mod, rules by the National Council on Compensation Insurance (NCCI) will impact 36 states where the NCCI governs the workers compensation ...
Executives on the Move at The Hartford, WTW, Hamilton
The Hartford and WTW each announced appointments of chief claims officers. Hamilton Insurance appointed a head of investor relations. *** The Hartford appointed Stephen Deane chief claims officer, ...
CSE ‘Runoff’ Prompts Downgrade, Withdrawal of AM Best Ratings
AM Best announced that is has downgraded and withdrawn the financial strength ratings of CSE Insurance Group's Civil Service Employees Insurance Company and CSE Safeguard Insurance Company, ...
GEICO Lays Off 6% of Workforce; Will Require More In-Office Time
In a letter to employees, GEICO president and chief executive officer Todd Combs said the Berkshire Hathaway company is laying off 2,000 associates, or about 6 percent of the workforce. "This will ...