News
U.S. P/C Records $8.2 Billion Underwriting Loss in Q1: AM Best
A rise in first-quarter losses in the homeowners insurance line of business primarily put U.S. property/casualty underwriting results in the red, according to AM Best. The U.S. P/C industry booked an ...
InsurTech Thinksurance Raises $24M in Latest Funding Round
Thinksurance, a Frankfurt, Germany-headquartered InsurTech specializing in digital insurance consultations for commercial and industrial clients in Europe, has raised $24 million in new funding. The ...
Investors Step Up Risk Management After Last Year’s Crypto Meltdowns
Cryptocurrency investors have grown more cautious about who they do business with after being burned last year by sudden collapses of Celsius Network, Voyager Digital, FTX and others, and fearing a ...
Study Highlights the Importance of Giving All Employees Chance to Input Ideas
Power dynamics in the workplace can influence creativity, a new study by Cornell University found. While it is easier for those holding power positions to generate and find acceptance in their ideas, ...
Robotics in the Workplace Improves Safety: White Paper
Adding technology in the workplace can help injuries and deaths, especially in manufacturing, says a new white paper released by the National Safety Council. "Robotics have long been deployed by ...
Senators Ask Auto Safety Agency to Reconsider Stance on Massachusetts Auto Law
Two U.S. senators on Thursday urged the National Highway Traffic Safety Administration (NHTSA) to reconsider its decision to tell automakers not to comply with a recently effective Massachusetts ...
FAA Requires U.S. Passenger Planes to Have Secondary Flight Deck Barrier
The Federal Aviation Administration (FAA) said on Wednesday it is requiring that new passenger airplanes have a secondary barrier to the flight deck to prevent intrusions. The final rule, which was ...
Generali Set to Buy Some Liberty Mutual’s European Ops in $2.5B Deal
Boston-based Liberty Mutual Insurance and Generali Group announced a definitive agreement for Generali to acquire some western European operations of Liberty Seguros, S.A.—Liberty Mutual's personal ...