Industry News
China Opens Door to More Foreign Investment in Financial Sector
China opened up its financial sector to more foreign investment as the government said it will take targeted measures to cope with rising risks and challenges facing the industry. Foreign investors ...
E-Scooter Users Worry About Harm but Are Unaware of Coverage Needs: Survey
Carriers have a potentially huge business opportunity with users of e-scooters - motorized scooters popping up in medium- and large-sized cities in the U.S. and abroad. The reason: scooter users are ...
The Latest Launches From Chubb, Berkshire Hathaway and CFC Underwriting
Chubb added new coverage for the food service industry on its digital platform for small businesses. Berkshire Hathaway GUARD Insurance Companies expanded its commercial automobile product into new ...
Calif. Misclassification Suit Continues Even as Insurers Win Appellate Victory
Insurers and service companies won a major victory this week against lawyers who were trying to bind a group of 1,550 California property appraisers together to sue Farmers Group and Allstate ...
Cell Phones Could Still Be a Safety Issue on Some Boeing Jets
U.S. government officials in 2014 revealed an alarming safety issue: Passenger cellphones and other types of radio signals could pose a crash threat to some models of Boeing 737 and 777 airplanes. ...
Brexit Can Be Postponed Again if Needed, Germany’s Merkel Says
German Chancellor Angela Merkel said the U.K. should be given more time to leave the European Union if it needs it, as she pointed to a way out of the Brexit impasse that falls far short of what the ...
ProSight Global Discloses IPO Plans
ProSight Global Inc. announced its IPO terms, which include expectations of raising at least $140 million. The specialty insurer said the company's initial public offering would involve more than 8.8 ...
Hamilton Insurance Group Adds ‘Chief Technology Officer’ to Its Ranks
Hamilton Insurance Group Ltd. has added a "chief technology officer" to its roster of executives. Venkat Krishnamoorthy will fill the newly created slot starting on Aug. 5, 2019, reporting to Group ...