News
Lemonade Books Q1 Net Income Loss But Sees Progress
InsurTech Lemonade followed 2023—"the year when the plan came together"—with a first quarter 2024 net loss of $47.3 million. The result is about 28 percent better than the same time a year ago ...
Employees Turn to Workplace Volunteering for Engagement and Purpose
Michelle Barbin's job does not always fill her bucket. Yes, she likes her nine-to-five helping improve consumer experiences at Blue Cross Blue Shield of Massachusetts. She emphasizes she wouldn't ...
How to Design a Volunteering Program in Your Workplace
More workplaces are bolstering their volunteer programs, especially as employee demands grow for socially responsible employers and engagement. Nearly three-in-five companies surveyed by the ...
AIG Profit Exceeds Expectations on Lower Catastrophe Losses
American International Group Inc. (AIG) reported profit above analysts' estimates in the first quarter as lower-than-expected catastrophe losses contributed to strong underwriting results. Adjusted ...
Businesses Consider Outsourcing Gen AI Over Data Security, Privacy and Regulatory Concerns
Business leaders are particularly focused on innovative ways to enhance customer experience (CX) through generative AI (GenAI) technology while balancing the need for return on their investment, ...
J&J Sub Proposes $6.48B Payout Over 25 Years to Settle Talc Cancer Suits
A subsidiary of Johnson & Johnson is now proposing to pay approximately $6.48 billion over 25 years as part of a settlement in the U.S. to cover allegations that its baby powder containing talc ...
London Firms Are Letting More Staff Work Entirely From Home
London's employers are letting more staff work entirely from home, according to a prominent recruitment firm, with workers keen to earn the premium paid by jobs in the capital without enduring its ...
Personal Auto Insurance Competition Heating Up, Root Execs Say
Personal lines InsurTech Root reported its first-ever quarter of operating profit and first-ever gross combined ratio below 100 for first-quarter 2024 while more than doubling gross written premiums ...