U.S.
Lemonade Debuting an Open Source Insurance Policy All Can Help Shape
Lemonade Inc. has come out with an open source insurance policy that rivals can use and all have the capacity to shape, something it touts as a first within the industry. Dubbed Policy 2.0, the ...
U.S. Commercial Lines Could Produce Small Underwriting Profit in 2018: Fitch Ratings
After a tumultuous 2017, the U.S. commercial lines market should eke out a small underwriting profit in 2018 assuming catastrophe losses return to more historical norms, Fitch Ratings said in a new ...
Six More States Sue Purdue Pharma, Alleging It Fuels Opioid Epidemic
Litigation against OxyContin maker Purdue Pharma LP is intensifying as six more U.S. states on Tuesday announced lawsuits, accusing the company of fueling a national opioid epidemic by deceptively ...
Buffett’s Berkshire Hathaway Grows Apple Investment, Doubles Teva Stake
Warren Buffett's Berkshire Hathaway Inc on Tuesday said it has more than doubled its investment in generic drugmaker Teva Pharmaceutical Industries Ltd , and confirmed it has become Apple Inc's ...
Judge Won’t Let Uber Deny Responsibility for Driver Assaults
A judge refused to let Uber Technologies Inc. off the hook over a high school student's claims that her driver made lewd comments to her -- marking another rejection of the company's argument that it ...
MGA Boost Insurance Secures Reinsurance Facility to Back Its InsurTech Development Platform
Boost Insurance has nailed down a dedicated reinsurance facility to help support its B2B InsurTech development platform. Nephila is leading the facility with participation from Markel Digital, the ...
Executives On The Move at Ironshore and RMS
Ironshore promoted from within for the new head of its healthcare professional liability unit. Catastrophe modeler RMS appointed a veteran from the software industry to run its own software/platform ...
Aon Names Two Co-Presidents, Retires Remaining Sub-Brands
Aon plc named two of its veteran executives to become co-presidents, and the global broker/consulting firm also retired its remaining business unit brands in a bid to promote more product innovation ...