Monthly Archives: <span>January 2023</span>

Q4 Net Income at Travelers Falls 39%

Travelers Cos. this morning reported fourth quarter net income of $819 million, a decrease of about 39% from $1.3 billion a year ago during the same time. The insurer’s Q4 combined ratio increased 6.5 points to 94.5 as catastrophe losses …

Jan. 1 Renewals: ‘They Got Done’; Carrier Overreliance on Reinsurers Corrected

When an AM Best analyst said, “Apparently, things didn’t go that bad” to describe 1/1 reinsurance renewals, he wasn’t actually saying anything unique. Carlos Wong-Fupuy, a senior director for AM Best, who spoke during an online briefing on Monday, referred …

UK Fails to Protect Menopausal Women in Workforce, Lawmakers’ Committee Says

The UK is failing to address menopausal discrimination in the workforce, an issue that led to women quitting their jobs due to a lack of employer support, a committee of lawmakers said. Conservative MP Caroline Nokes criticized the government response …

Remote Work Saves Global Commuters 72 Minutes a Day: Study

Working from home is saving commuters around the world 72 minutes a day, time they’re splitting between their jobs, leisure and caregiving, a new study shows. Remote staff are saving the most time in China, where forgoing the trek to …

Australia’s Health Care System Prime Target for Cyber Attackers: Minister

Australia’s hospitals and health care system are at a high risk from cyberattackers targeting citizens’ personal data, the home affairs minister said, adding the country needed to step up its efforts to combat hacking attempts. Speaking ahead of an international …

DOJ Poised to Sue Google Over Digital Ad Market Dominance

The US Justice Department is poised to sue Alphabet Inc.’s Google as soon as Tuesday regarding the search giant’s dominance over the digital advertising market, according to people familiar with the matter. The case is expected to be filed in …

People Moves: Marshall & Sterling New Senior Leadership; Rock Hired as Trium Cyber Claims Chief; Nexus Nabs Product Recall Specialist Darlea

Marshall & Sterling Names New Senior Leadership Team Marshall & Sterling Enterprises, Inc., has appointed Eric Diamond as chief executive officer. Prior to joining Marshall & Sterling in 2009, Diamond was president of JS Diamond Group, Inc., overseeing business development, …

Virginia Jury Rejects Woman’s Claims Against Four Police Officers Over Sex Ring

ALEXANDRIA, Va. (AP) — A jury on Friday rejected a woman’s allegations that a former police chief in Virginia and three other officers protected a prostitution ring that she said trafficked her. The eight-person civil jury found that the woman, …

How Agentsync Helps Insurance Producers and Adjusters Manage Carrier Requirements for Paper Licensing

This post is part of a series sponsored by AgentSync. Insurance agents want to get paid for the products they sell. They’ll ultimately choose to partner with the insurance carriers that get commissions paid quickly and accurately. On the other …

Judge Dismisses Whole Foods Workers’ Lawsuit Over ‘Black Lives Matter’ Masks

A federal judge on Monday dismissed a lawsuit by three former Whole Foods employees who said they were illegally fired for opposing the upscale grocery chain’s alleged discriminatory discipline of workers who wore “Black Lives Matter” masks. U.S. District Judge …