A newspaper reports that at least three patients died last year at a Southern California hospital in a bacterial outbreak suspected to have been caused by tainted medical scopes. Officials at Huntington Hospital in Pasadena confirmed in August that three …
How is it that a certificate of insurance — that seemingly simple, straightforward and most innocent of documents — can be so complex? The certificate of insurance acknowledges the writing and existence of an insurance policy. It should accurately reflect …
The new Chubb reported its first quarter results since the Ace Ltd. deal to acquire Chubb closed in January and, according to the man who spearheaded the giant merger, the combined firm is “off to a good start” with “strong …
Facebook Inc. users who say the social network’s facial scanning flouts their privacy rights won the first round of a court fight. A federal judge in San Francisco on Thursday rejected Facebook’s request to throw out a lawsuit alleging the …
More than 50 automakers, state transportation agencies and other groups urged the White House and other federal policymakers on Thursday not to open a portion of the wireless spectrum reserved for connected vehicles in the near future. The letter was …
Personal Lines Insurers Personal lines insurers are most likely to benefit from wide uses of automation in underwriting, a new report has found. “They are more likely to have a homogenous book of business and a standardized product set,” the …
Third Point Reinsurance Ltd., the company that counts on hedge fund manager Dan Loeb to oversee investments, posted its fourth loss in seven quarters as the portfolio slumped and underwriting was unprofitable. The first-quarter net loss was $51.1 million, or …
Guo Guangchang, the Chinese billionaire and self-styled disciple of Warren Buffett, is looking to invest in emerging markets for the first time as his conglomerate backs off from its buying spree in developed nations. “There are fewer and fewer investment …
Marketform, the London-based specialist Lloyd’s insurer, has appointed Martin Kelsh to the newly created role of production & distribution director. Kelsh joined Marketform on May 3 to develop and enhance the level of engagement with the company’s key brokers, Marketform …
The wildfires ravaging Canada’s oil hub in northern Alberta have rapidly spread to an area bigger than New York city, prompting the air lift of more than 8,000 evacuees as firefighters seek to salvage critical infrastructure. The inferno around Fort …
