U.S.
Reinsurance Broker BMS Re Acquires Advocate Reinsurance Partners
BMS Re US, a specialist insurance and reinsurance broker, has acquired a reinsurance intermediary that complements its own operations. The company, which is the broking arm of Minova Insurance, ...
Drone Racing Broadcast on TV Could be Europe’s Next Big Thing
Europe's leading pay-TV group Sky, known for splashing out billions of pounds on coverage of glamorous sports to keep an edge over its rivals, said on Wednesday it had identified the next big thing: ...
Generali and Progressive Will Jointly Pursue Telematics Research
Europe's The Generali Group and Progressive Group of Insurance Companies of the U.S., both among the leaders in car insurance telematics, said they have entered into an research and development ...
Millennials Prefer Online Shopping, Hate ‘Being Sold to’: Novarica Report
Carriers looking to attract millennial consumers need to make it easy to research and shop online, according to a new report, which found that 75 percent of respondents prefer shopping online rather ...
Employer Cash Flow Affects Workplace Safety: Study
More than 3.5 million workplace injuries and illnesses occur each year in the United States, costing an estimated $250 billion annually. It turns out employer cash flow affects whether those costs go ...
Uber-Like Video Service Lets Adjusters Assess Damage from Their Desks
A new service promises to provide insurance claims adjusters with videos of losses without them ever having to leave their desks. The videos would be supplied by an Uber-like network of smartphone ...
St. Jude Medical Short Seller’s Heart Device Allegations Spur Lawsuit
St. Jude Medical Inc on Wednesday filed a lawsuit against short-selling firm Muddy Waters and cyber security company MedSec Holdings Ltd, saying they intentionally disseminated false information ...
Mercedes Equips Electronic Van With Delivery Drones
Mercedes-Benz is looking at mounting automated flying drones onto a new line of electric vans as part of a 500 million-euro ($562 million) investment aimed at speeding delivery times for online ...