U.S.
Exxon Fails in Bid to Dismiss Massachusetts Lawsuit Alleging Climate Change Deception
A Massachusetts state judge has rejected Exxon Mobil Corp's bid to dismiss a lawsuit by state Attorney General Maura Healey accusing the oil company of misleading consumers and investors about its ...
Allstate Seeks More Active, Old-Fashioned Agents
Allstate Corp wants to buy more independent insurance agencies this year to build the business it acquired with its purchase of National General, Allstate Chief Executive Tom Wilson told Reuters on ...
Most Employers Recognize Mental Health as a Significant Workplace Issue: Study
A recent study from The Hartford found that 70 percent of U.S. employers now recognize that employee mental health is a significant workplace issue, up from 59 percent in June 2020. In addition, 31 ...
Nationwide CFO Thresher to Retire; Frommeyer to Succeed Him
Longtime Nationwide Chief Financial Officer Mark Thresher plans to retire in September after 12 years in the role and 25 years with the insurer, the company announced. Plans call for Tim Frommeyer to ...
Buffett Steps Down as Gates Foundation Trustee; Discloses He’s Donated Half His Wealth
Warren Buffett said he is stepping down as a trustee from the Bill and Melinda Gates Foundation, and that he has donated half his wealth since pledging 15 years ago to give away the fortune he built ...
U.S.-Based InsurTechs Grabbed Most of the Q1 2021 VC Dollars: Forrester
Approximately 94 percent of InsurTech venture capital financing went to U.S.-based startups during record fundraising for the sector in the 2021 first quarter, according to Forrester's latest sector ...
Universal Fire & Casualty Starts Accepting Cryptocurrency for Premium Payments
Universal Fire & Casualty Insurance Company has started accepting cryptocurrency for premium payments. The reason why: to increase its competitive market position as part of a broader innovation ...
MGA Honeycomb Launches With Bet on Multi-Family Property Insurance
An InsurTech MGA with a focus on multi-family property insurance has raised $3.3 million in initial venture capital insurance and formerly launched in North America. Honeycomb, formerly Agilius, drew ...