News
S&P Bumps AIG’s Rating Outlook Down to Negative, Despite New Leadership
American International Group made a big move recently in hiring Brian Duperreault to lead the struggling insurance giant, but Standard & Poor's was not impressed. The ratings agency revised its ...
CoreLogic to Acquire Mercury Network
Data and analytics firm CoreLogic said it has agreed to acquire Mercury Network from Serent Capital. With the agreement, CoreLogic has acquired a 45 percent passive minority stake in Mercury Network, ...
biBERK’s COO on the Small Business Insurance Benefits of Predictive Analytics
The insurance technology space has emerged as one of the largest innovation ecosystems globally, with $4.74 billion invested in the space since 2011. InsurTech's use of big data, paired with ...
Trump Administration Will Unveil Revised Self-Driving Rules Later This Year
President Donald Trump's administration will unveil revised self-driving guidelines within the next few months, the head of the U.S. Transportation Department said on Monday, responding to ...
The Latest Launches From Farmers, PURE and Markel
Farmers Insurance launched a new roadside assistance program that works through a customer's cell phone. The Pure Group of Insurance Companies has expanded a key E&S program into South Carolina. ...
Like It or Not, China’s New Cyber Law Has Finally Kicked In
China ushered in a tough new cyber security law on Thursday, following years of fierce debate around the controversial legislation that many foreign business groups fear will hit their ability to ...
Hamilton Re Starts Turing Re, a New Special Purpose Vehicle
Hamilton Insurance Group's Bermuda-based reinsurance arm launched its first special purpose vehicle. The new entity is Turing Re Ltd., rolled out by Hamilton Re and funded with $65 million in capital ...
7,000 Farmers Suing Syngenta in GMO Corn Dispute About to Get Day in Court
Farmers have to deal with threats to their crops from nature all the time. Thousands of Kansans, though, argue that Syngenta AG posed an even bigger threat by failing to prevent its genetically ...