News
SEC Approves Demotech as Nationally Recognized Statistical Rating Organization
Insurance rating agency Demotech Inc. has become the 10th organization to named a Nationally Recognized Statistical Ratings Organization (NRSRO) by the U.S. Securities and Exchange Commission. With ...
Uber Waiving Fees for Disabled Riders in ADA Suit Settlement
Uber Technologies Inc. will pay more than $2 million and waive wait time fees for disabled passengers to settle U.S. allegations that the ride share company had violated the Americans with ...
Are MGAs Winning the Insurance Talent War?
With more than 1,000 managing general agents writing roughly $70 billion in direct premiums last year, researchers at Conning believe one growth driver is the fact that the MGA model attracts talent. ...
Personal Auto Results Slow to Recover; GEICO, Progressive to Pass State Farm
With an overall combined ratio in excess of 100 for the first time since 2017, private passenger auto joined homeowners in unprofitable territory last year, prompting carriers to respond with pricing ...
What AI Does Well, and Not So Well, With Language
The tech industry's latest artificial intelligence constructs can be pretty convincing if you ask them what it feels like to be a sentient computer, or maybe just a dinosaur or squirrel. But they're ...
NEXT, Thimble Latest InsurTechs to Announce Layoffs This Year
NEXT Insurance and Thimble are the latest InsurTechs to lay off part of their workforce this year, with NEXT citing challenging economic conditions and both InsurTechs pointing to an increased focus ...
The Latest Launches from Zurich Resilience Solutions, Foxquilt, Mercury Insurance
Zurich Resilience Solutions in North America is offering customers a service that can help them combat toxic work cultures and improve employee retention. Collaborating with Work Shield, a misconduct ...
MLB Agrees to Pay $185 Million to Settle Minor League Wage Suit
Major League Baseball agreed to pay $185 million as part of a settlement with minor league ballplayers who say the league exploits them, knowing they will play for peanuts for a chance to make it to ...