News
Google Accuses Microsoft of Failing to Release Documents in Antitrust Lawsuit
Alphabet's Google has asked a judge hearing the Justice Department's antitrust lawsuit against the search and advertising giant to compel Microsoft to turn over documents, saying it has failed to ...
The Hartford’s Q2 Net Income Is 94% Higher Than Last Year
The Hartford reported $900 million in net income in the 2021 second quarter, a 94 percent jump from second quarter 2020. Core earnings of $836 million were up 91 percent from second quarter 2020. ...
UK Drone Insurer Flock Raises $17M for Planned Expansion
British drone insurer Flock has raised $17 million from investors in early-stage funding led by venture investor Chamath Palihapitiya's Social Capital, Flock said on Thursday. Flock started out ...
Chubb CEO Greenberg Expects Steadier Commercial Rate Hikes Going Forward
Insurance industry analysts asked for years about when rates in the mainline property/casualty commercial insurance market would harden. Now that they have, Chubb Chairman and CEO Evan Greenberg was ...USAA Boosts Diversity Initiatives With New Executive Hire
USAA has hired its first-ever head of diversity initiatives at the organization. Bryan Gingrich will serve as Vice President of Diversity, Equality and Inclusion, a new role at the Texas-based ...
Business Travelers Aren’t Rushing Back to Flying Just Yet
Of the 2 million people clogging airport security lines and gate areas again each day, one crowd is still largely missing: business travelers. Their absence is noteworthy because they are a key ...
Lloyd’s Will Develop Electric Vehicle, Hydrogen Insurance Products in Climate Change Fight
Lloyd's of London plans to develop insurance products for electric vehicles and hydrogen as part of its efforts to fight climate change, the specialist insurance market said on Thursday. Lloyd's ...
Global InsurTech Investment Reaches Record $7.4B for H1 2021: Willis Towers Watson
InsurTech venture investment keeps climbing ever higher, with new records reached for the second quarter as well as the first half of 2021, according to the latest Willis Towers Watson report on the ...