Industry News
Hiscox, American Family-Backed Startup Unveils Small Business Digital Insurance Marketplace
Bunker, a Hiscox and American Family-backed startup billing itself as the first contract-related insurance marketplace, has officially left stealth mode and unveiled its first product. The target ...
Climate Change Produces New Insurance Challenges All Around
Climate change is creating insurance challenges in multiple ways. The National Climate Assessment, a report released by the U.S. Global Change Research Program argues that climate change increases ...
Hurricane Matthew Revving up Trouble for Carribbean Nations
Hurricane Matthew intensified en route to Haiti on Monday, bringing 140-mile-per-hour (220 kph) winds and torrential rain that could wreak havoc in Caribbean nations that had yet to evacuate ...
VW, U.S. Dealerships Propose $1.2B Emissions-Cheating Accord
Volkswagen AG is asking a judge to approve its $1.2 billion agreement with its U.S. dealerships for losses caused by its emissions-cheating scandal. The proposed settlement increases the amount VW ...
GEICO Loses Chance to Gain SCOTUS’s Ear for Overtime Appeal
The U.S. Supreme Court on Monday declined to hear GEICO General Insurance Co's appeal of a ruling that the No. 2 auto insurer in the United States must pay overtime wages to its claims investigators ...
Brexit Trigger to be Pulled by March 2017: British PM Theresa May
Prime Minister Theresa May said she'll begin the U.K.'s withdrawal from the European Union in the first quarter of 2017 in her clearest announcement yet about her government's Brexit strategy. The ...
Allstate CEO Thomas Wilson Wants Future Corporations to Help Solve Society’s Problems
Allstate Chairman and CEO Thomas Wilson wants corporations of the future to help solve society's problems, and be rewarded for doing so. "Corporations should be encouraged and rewarded for stepping ...
AIG Hires Another Veteran JPMorgan Chase IT Exec for Major Role
AIG is hiring another JP Morgan Chase & Co. information technology executive in a major leadership role. Hugh Tamassia is set to become AIG's new chief enterprise architect, effective Oct. 3. AIG ...