Hospital staff and physicians who are willing to explain, apologize for and resolve adverse medical events significantly reduce legal defense and liability costs, according to a study led by Dr. Florence R. LeCraw, an Atlanta anesthesiologist and adjunct professor at …
Global insurance broker Marsh has appointed Andrew Hickman as global head of Data Science within its broader Digital, Data and Analytics Practice. In this newly-created role, Hickman is responsible for advancing Marsh’s risk modeling and actuarial capabilities. He will build …
As the data insurance agencies and brokerages continues to grow, agency managers are faced with having to answer how, why and where they can successfully analyze and use all of this data. The answer to the “why” is simple: To …
Cincinnati Financial Corp. announced that Jacob F. Scherer Jr., chief insurance officer and executive vice president of its lead subsidiary, The Cincinnati Insurance Co., plans to retire in August 2019. The company also announced his replacement and other leadership changes …
The Hartford Financial Services Group has agreed to acquire specialty insurer The Navigators Group in a transaction that values Navigators at approximately $2.1 billion. Under the terms of the agreement, Navigators stockholders will receive $70.00 per share in cash upon …
The cost of Uber Technologies Inc.’s sexual harassment scandal is now itemized: 56 current and former employees who filed claims stand to collect an average of $33,928.57. In addition, almost 500 female and minority engineers covered by a 2017 class-action …
Google has been accused in a lawsuit of illegally tracking the movements of millions of iPhone and Android phone users even when they use a privacy setting to prevent it. According to a complaint filed late Friday, Google falsely assures …
Technology does a lot but it can’t do everything. Sometimes insurance agents and other business people forget that. They become so dependent on email and social media that they lose sight of what people really need from them. Yes, clients …
American International Group announced that John P. Repko will join the company as executive vice president, chief information officer, effective September 4, succeeding Martha Gallo, who the insurer said is leaving AIG to pursue other interests. Repko will be responsible …
On-demand insurance platform Slice Labs Inc. has hired Philippe Lafreniere as chief growth officer to work with carriers on the development of digital insurance products serving business and consumers. Lafreniere brings 25 years of global insurance technology experience to the …
