News
Safety Board Recommends Blood Alcohol Technology in All New Cars
The National Transportation Safety Board is recommending that all new vehicles in the U.S. be required to have blood alcohol monitoring systems that can stop an intoxicated person from driving. The ...
Coalition of Insurers, Pension Funds Commit $7.1 Trillion to Support 1.5°C Climate Goal
A coalition of pension funds and insurance companies that includes Allianz SE, the California Public Employees' Retirement System and Zurich Insurance Group AG have committed to managing $7.1 ...
Travelers, Google Cloud to Build Data System to Underwrite Commercial Risk
Google Cloud and The Travelers Companies said they are working together to create a cloud-based data ecosystem that will help Travelers' underwriters more efficiently evaluate risks for large and ...
Gallagher, Alliant Agree to Settle Latest Dispute Over Alleged Poaching
Brokers Arthur J. Gallagher and Alliant Insurance Services jointly filed to tell a judge they have agreed to work out a settlement to end a short but contentious dispute over employee-poaching ...
Barbados Issues 1st Pandemic-Protected Bond, Which Also Covers Natural Disasters
Barbados has issued the world's first government bond with a clause allowing payments to be suspended in the event of another global pandemic — a move expected to attract interest from dozens of ...
Trump Defrauded Insurers, New York AG’s Lawsuit Says
Donald Trump and the Trump Organization used false and misleading statements of financial condition to obtain favorable real estate loans and insurance coverage over the last decade, according to a ...
Congress Examines Insurer Diversity; Results ‘Disappointing,’ Lawmakers Say
The insurance industry still has a lot of work to do when it comes to diversity, equity and inclusion. In fact, despite a strong DEI push across the industry, there was little change in racial, ...
Executives on the Move at Allstate, USAA, AGCS, Gallagher Re
Allstate has hired the chief technology officer of CVS Health, Zulfi Jeevanjee, into the newly created role of executive vice president and chief information officer. He will be responsible for all ...