U.S.
American Family’s Minimum Per Hour Rate Raises to $20
American Family Insurance said it has raised its minimum hourly rate to $20 per hour, a bid it hopes will help attract and keep customer service talent. The Wisconsin-based property/casualty ...
Tech Industry Liability Will Reportedly Be Focus of Upcoming U.S. Justice Dept. Conference
The U.S. Justice Department is planning to hold a conference to discuss the future of a federal law which largely exempts online platforms from legal liability for the material their users post, ...
UK Finance Sector Losing Hope of Securing Post-Brexit Basic EU Access
Britain's finance sector is losing hope of securing even basic access to European Union markets from Dec. 31, as talk that the EU wants UK fishing rights in exchange draws the industry into a ...
Australia’s Bushfire Risks Creating Its First Climate Refugees
Australian wildfires that have razed thousands of homes and blackened an area about the size of England may also create the nation's first climate refugees. That's the view of Michael Mann, ...
Zurich North America Is Latest Insurer to Name Sustainability Officer
Zurich North America is the latest insurer to name a sustainability officer - an executive who leads corporate initiatives to help the company contribute positively to the environment. Ben Harper ...
Travelers Sets Aside ‘Modest Funds’ for Possible Exposure to Child Sex-Abuse Claims
Travelers Companies Inc has set aside a "modest" amount of additional money to cover its possible exposure to child sex-abuse claims, the insurer's finance chief, Daniel Frey, told analysts during an ...
Travelers’ Cat Losses Plunge, Combined Ratio Improves for Q4
The Travelers Companies, Inc. enjoyed a large drop in catastrophe losses, improved combined ratio and rise in net income during a 2019 fourth quarter generally filled with improvements. Pre-tax ...
Canadian Judge Signs Off on $150M Volkswagen Fine for Diesel Emissions
A judge in Canada approved a C$196.5 million ($149.7 million) fine against Volkswagen AG on Wednesday after the company pleaded guilty to dozens of counts of diesel emissions violations. Volkswagen ...