U.S.
Robust Personal Auto Insurance Market Will Slow in 2020: Fitch Prediction
Don't expect the U.S. personal auto insurance market to continue in 2020 with the strong results seen in 2018 and likely for 2019, Fitch Ratings said in a new report. Fitch said that "shifting market ...
TRIA, NFIP Win Renewals in Government Spending Bill
Congress is planning to use a $1.4 trillion package of two must-pass spending bills to repeal Obamacare taxes, raise the age for tobacco purchases to 21 and extend the U.S. Export-Import Bank for ...
Bayer Seeks Reversal of $25M Roundup Verdict
Bayer AG on Monday said it has asked a U.S. federal appeals court to throw out a $25 million judgment it was ordered to pay to a California man who blamed the company's Roundup weed killer for his ...
Nationwide Opens Innovation/Collaboration Space
Nationwide's new center, designed in part to foster innovation and greater collaboration on product development, is open for business. Named The CoOperative, the center will be based at the former ...
U.S. Agency Will Investigate 12th Tesla Crash Connected to Possible Autopilot Use
The U.S. auto safety agency said on Friday it will investigate a 12th Tesla crash that may be tied to the vehicle's advanced Autopilot driver assistance system after a Tesla Model 3 rear-ended a ...
Bristol-Myers Defeats Gilead, Winning $752M in U.S. Patent Case
Bristol-Myers Squibb Co on Friday said it won a $752 million jury verdict against Gilead Sciences Inc in a U.S. patent dispute relating to technology for treating cancer. A jury in Los Angeles ...
Avis CEO De Shon to Join Hartford’s Board Upon Retirement
The soon-to-be-retired CEO of global rental car giant Avis Budget Group is joining The Hartford's board of directors. Larry De Shon takes on his new role as of Feb. 19, 2020 and he will serve on The ...
Executive Viewpoint: In 2020, InsurTechs Will Lead the Way
The year 2019 has been a defining one for InsurTechs and, in many ways, has set the pace for what's to come. No longer are legacy companies the presumed leaders of the industry, as we've seen ...