News
U.S. P/C Small Business Insurance Market Ripe for Consolidation: Conning
If heavy competition breeds consolidation, then property/casualty small business insurance is ripe for it in the coming years. Here's why: Both large and small insurers devote lots of attention to ...
AssureStart Expands Online Small Business Sales to Six More States
Online small business insurance provider AssureStart announced last week that it is now open for business in six additional states: Alabama, Georgia, Idaho, Maine, Nebraska and North Carolina. ...
Facebook May Let Users Keep Separate Work Profile, FT Reports
Facebook Inc. is secretly working on a new website called "Facebook at Work" that would allow users to keep their personal profile separate from their work profile, the Financial Times reported. The ...
Air Bag Accident Victims Unable to Access Details of Other Settlements
Confidential settlements over defective Takata Corp. air bags are sealing off relevant information that other victims could use to pursue injury claims. The accords make financial sense for the ...
HSBC Will Reimburse Turkey Customers Hurt by Cyber Attack
HSBC Holdings Plc's Turkish unit said it will reimburse customers if a cyber-attack that caused the leak of 2.7 million people's data leads to fraud. While the information "isn't sensitive enough to ...
Driverless Cars Will Have the Most Impact in Cutting Accident Rates
As millions of cars are under recall for potentially lethal air bags, designers are trying to reduce the need for the device—using sensors, radar, cameras and lasers to prevent collisions in the ...
NAIC Working Group Recommends Bermuda as Qualified Jurisdiction
A working group of the National Association of Insurance Commissioners (NAIC) has recommended the Bermuda Monetary Authority (BMA) for approval as a "qualified jurisdiction" under the NAIC's ...
East Coast Hurricanes Can Flood the Midwest: University Research
Located hundreds of miles inland from the nearest ocean, the Midwest is unaffected by North Atlantic hurricanes. Or is it? With the Nov. 30 end of the 2014 hurricane season just weeks away, a ...