U.S.
Amazon Risks Higher Workers Comp Rates Due to Fulfillment Center Injuries
Injuries in Amazon.com Inc. warehouses could damage more than just the company's reputation. They could start to hurt the e-commerce giant's bottom line, as well. Washington state's workplace safety ...
State Judge Favors Policyholders in COVID-19 Closure Lawsuit
A judge in Durham County, North Carolina has handed down what may be the nation's first dispositive ruling in favor of policyholders in a COVID-19 business-interruption lawsuit. Superior Court Judge ...
Lemonade Ranks Highest for Renters Insurance in J.D. Power Study
Lemonade took the No. 1 spot for the renters insurance segment in the J.D. Power 2020 U.S. Home Insurance Study, marking the first time an InsurTech brand has ranked highest in one of J.D. Power's ...
InsurTechs Start Reaching Size and Capacity That Commands Insurance Industry Attention
The latest crop of InsurTechs began appearing in force around 2015, with promises to disrupt the insurance industry and change the world. Industry veterans have often taken those boasts with a grain ...
AIG Settles Dispute With U.S. Involving Foreign Tax Shelters
American International Group Inc. settled a case involving cross-border transactions the government claimed amounted to improper tax shelters. The insurer agreed to pay a 10% penalty and disallow ...
QBE Makes Pryce Interim CEO During Search for Replacement
QBE Insurance Group announced that Richard Pryce will assume the role of interim group chief executive officer while the search process for a permanent replacement is underway. The executive changes ...
Pandemic Pressures Push More Business Classes to Use Captive Insurers
Fed up with rising prices and more stringent terms and conditions for their insurance policies as a result of the coronavirus pandemic, companies are turning to in-house insurance firms. These ...
PartnerRe Beefs Up Third-Party Capital Prominence, Hires Hughes to Lead Effort
A Hiscox veteran plans to join PartnerRe as the first-ever CEO of Third-Party Capital, and the unit will become a key component of the reinsurer's overall business strategy, the company said. Andrew ...