News
China’s Online Insurer ZhongAn Announces SoftBank Investment; Overseas Growth Planned
ZhongAn Online P&C Insurance Co. Ltd., the first Internet-only insurer in China, announced its subsidiary ZhongAn International will receive a strategic investment from SoftBank Vision Fund, ...
Self-Driving Cars Won’t Hit the Streets Until Pedestrians Learn How to Cross
You're crossing the street wrong. That is essentially the argument some self-driving car boosters have fallen back on in the months after the first pedestrian death attributed to an autonomous ...
Insurance compliance work rarely operates at an entirely predictable pace. A carrier may be managing normal licensing and appointment activity...
Trump Wants U.S. Suit Against Opioid Makers
President Donald Trump said Thursday he wants the U.S. government to sue pharmaceutical companies that manufacture opioids as part of his efforts to halt an epidemic of drug addiction. Trump said ...
Indiana University Research Reveals Problems of Fewer Financial Reports
President Donald Trump on Friday indicated that he has asked the Securities and Exchange Commission to review changing its reporting requirements, away from quarterly reports to semi-annual reports. ...
Office Demotions Are Increasingly Commonplace: HR Survey
Demotions have become increasingly common at the office, with nearly half of all human resources managers reporting that they have seen someone at their company moved to a lesser position, according ...
Argo Group’s Tech Investments Earn Kudos, Outlook Upgrade From S&P
Argo Group's investment in a digital infrastructure and new growth earned a vote of confidence from Standard & Poor's, which raised its outlook for the specialty insurer and reinsurer to positive ...
Opinion: Insurers Should Relax and Embrace Amazon’s Potential
Whenever Amazon.com Inc. eyes expansion into a new industry, the stalwarts of that space shudder. A Reuters report on Thursday that the e-commerce giant has been talking to insurers about introducing ...
Insurers’ H1 Featured Spike in Downgrades, But Upgrades Still Came Out on Top: A.M. Best
Catastrophic weather events in 2017 helped spur an increase in rating downgrades for the U.S. property/casualty industry during the first half of 2018, according to an A.M. Best report. But the ...