News
AM Best: Insurer Portfolio Diversification Hindered by Convective Storms
The growing frequency and severity of convective storms in southern U.S. states is increasingly hampering the ability of insurer and reinsurers to effectively diversify their portfolios, a new AM ...
Employees Are Losing Sleep Over Rookie Managers: Research
New managers can be the stuff of office workers' nightmares. That's according to new research by digital learning system Oji Life Lab, which found that one in five employees lost sleep over a newly ...
Crash Reduction Aim of Toyota’s Collaborative Safety Research Center’s New Projects
Three new projects directed at advancing safety in mobility technologies were announced by Toyota's Collaborative Safety Research Center (CSRC). The projects include a review of the benefits of ...
Liberty Mutual Will No Longer Offer Business Owner’s Policies in California
Property and casualty insurer Liberty Mutual will stop offering its businessowners policy (BOP) product in wildfire-prone state California from Oct. 1, in a sign that cost inflation and higher ...
22 States Move to Block 3M’s $10.3 Billion PFAS Deal
A group of 22 states and U.S. territories on Wednesday moved to block a proposed $10.3 billion settlement that would resolve claims against 3M Co over water pollution tied to "forever chemicals," ...
Climate Change Lawsuits More Than Double in 5 Years as Impacts Hit Home
The number of court cases related to climate change has more than doubled in five years as impacts ranging from shrinking water resources to dangerous heatwaves hit home for millions, a report said ...
Tech Bytes: New Partnerships at Slice, Simply Business, Send
Slice, a technology company with an on-demand insurance platform and products to protect small businesses, has partnered with First Connect Insurance Services. First Connect is an InsurTech platform ...
Automation, Analytics Behind Proactive Approach to Insurers Facing Hurricane Losses
A new report by Insurity, a cloud-based software provider for insurance carriers, brokers and MGAs, highlights the best practices insurance organizations can implement to move away from a reactive ...