News
Will Artificial Intelligence Replace Industry Jobs?
As technology takes over nearly every tenet of daily life, there is growing concern that jobs may be at stake. Could jobs in underwriting, claims and other areas of insurance soon be taken over by ...
Report: U.K.’s Professional Indemnity Sector Poised For More Robust Growth
The professional indemnity and directors & officers insurance sector has grown constantly since 2012 and is expected to continue the upward trend until at least 2019, according to the findings of ...
Allstate Using Promise of Retail Therapy to Entice Safer Driving
Allstate believes it can entice customers to drive more safely with the promise of retail therapy. In theory, the added benefit could also attract new clients. The Illinois based multi-line insurer ...
The Impact of Robots Replacing Humans in the Workplace
As more companies begin to use robots in the workplace, many are beginning to weigh the risks. Earlier this month it was reported that a German worker was killed by a robot in a VW auto manufacturing ...
ACE Group Expands E&O Endorsement for Nontraditional Medical Risks
ACE Westchester, the excess and surplus lines business of ACE Group, has announced a new errors and omissions endorsement designed to help medical organizations manage nontraditional risk exposures. ...
Private Companies to Get Crack at U.S.-Developed Anti-Hacking Tech
Anti-hacking technology developed by the U.S. will be offered to banks and other businesses under an initiative to promote cutting-edge research, even as some security specialists question its value ...
10 Global Automakers Sued Over Keyless Ignition Defect That Leaves Engines On
Ten of the world's biggest carmakers were sued over claims that keyless ignitions lacking an automatic shut-off endanger drivers and passengers with deadly carbon monoxide fumes. Manufacturers ...
Two Business Groups Urge Govt. Agency to Probe Medical Funding Industry
Two business lobbying groups this week called on the Consumer Financial Protection Bureau to investigate the medical funding industry after a Reuters investigation revealed that private investors are ...