Industry News
Safety Board Recommends Blood Alcohol Technology in All New Cars
The National Transportation Safety Board is recommending that all new vehicles in the U.S. be required to have blood alcohol monitoring systems that can stop an intoxicated person from driving. The ...
Coalition of Insurers, Pension Funds Commit $7.1 Trillion to Support 1.5°C Climate Goal
A coalition of pension funds and insurance companies that includes Allianz SE, the California Public Employees' Retirement System and Zurich Insurance Group AG have committed to managing $7.1 ...
Travelers, Google Cloud to Build Data System to Underwrite Commercial Risk
Google Cloud and The Travelers Companies said they are working together to create a cloud-based data ecosystem that will help Travelers' underwriters more efficiently evaluate risks for large and ...
Gallagher, Alliant Agree to Settle Latest Dispute Over Alleged Poaching
Brokers Arthur J. Gallagher and Alliant Insurance Services jointly filed to tell a judge they have agreed to work out a settlement to end a short but contentious dispute over employee-poaching ...
Congress Examines Insurer Diversity; Results ‘Disappointing,’ Lawmakers Say
The insurance industry still has a lot of work to do when it comes to diversity, equity and inclusion. In fact, despite a strong DEI push across the industry, there was little change in racial, ...
Executives on the Move at Allstate, USAA, AGCS, Gallagher Re
Allstate has hired the chief technology officer of CVS Health, Zulfi Jeevanjee, into the newly created role of executive vice president and chief information officer. He will be responsible for all ...
The Latest Launches From NEXT, Celent, Safeco, HOVER and Trellis
Recent product launches in the property/casualty insurance world include embedded insurance offerings from NEXT and Trellis matching customers of non-insurance companies with insurers, a tool to ...
Report: While Hackers Eye Small Businesses, Ransomware Attacks Decline
A new cyber trends mid-year report released by cyber insurer Coalition suggests that while small businesses continue to be targeted, overall incidents are down and ransomware attacks are declining as ...