Industry News
Slowing the Pace of Climate Change Will Help Economic Growth: Study
Slowing the pace of climate change in line with the Paris Agreement has clear economic benefits as global warming is increasingly seen as a risk to financial stability and the economy. Abiding by the ...
Arch Insurance Asserts Policy Exclusion Frees It From Covering USC’s $215M Sex Abuse Settlement
Arch Specialty Insurance Co. is arguing in a recently filed a lawsuit that it shouldn't have to cover the University of Southern California's $215 million settlement in a case where the school's ...
Property, WC, Liability Price Hikes Drive Up Total Cost of Risk for Businesses
Businesses and organizations paid nearly two percent more in 2018 than they did in 2017 to cover the total cost of risk. Reversing the trend of falling average TCOR per $1,000 of revenue seen from ...
Why Open Source, Blockchain-Powered Infrastructure Matters
I started my career as the first network administrator at the University of California, Davis. Part of my job was to help build the Bay Area Regional Research network, one of 10 National Science ...
Carrier Tech, Infracture Investments Drive Record Small Business Customer Satisfaction Levels: J.D. Power
Small business owners are reporting record levels of satisfaction with their insurance coverage, with carrier investment in products, service infrastructure, and technology likely driving the uptick. ...
Investor Expects Berkshire Hathaway to Keep Growing After Buffett Is Gone
Bill Ackman said he invested in Berkshire Hathaway Inc. because he believes it will continue to generate significant returns even after Warren Buffett is no longer running the company. Ackman said in ...
Travelers Adds Chief Sustainability Officer to Executive Ranks
The Travelers Companies Inc. has added a chief sustainability officer to its executive roster, a first for the property/casualty insurer. Yafit Cohn is tasked with leading Travelers' environmental, ...
QBE Hires Ex-Willis Towers Watson Exec Jones to Lead Its North American Operations
QBE has hired a former Willis Towers Watson executive as the new leader for its North American operations. Todd Jones will be taking over as QBE North America CEO on Oct. 1, 2019, after having most ...