The Hartford reported improved results for the second quarter compared to the same quarter last year, particularly in its commercial lines and group benefits businesses. Overall net income was $582 million in second quarter 2018 compared with a net loss …
A Texas nonprofit firm’s plan to publish technical designs for firearms online so anyone with a 3-D printer can use them to manufacture fully operational “downloadable” guns is drawing fire from New Jersey and national gun-control groups. Defense Distributed would …
Flaws in jet engine fan blades like one that cracked and broke loose in April, killing a Southwest Airlines Co. passenger, have been discovered on planes operated by several carriers, and the manufacturer is moving to further tighten inspections. General …
The next confrontation between government regulators and a blockchain startup appears set to ensnare a prediction market platform that goes by the name Augur. After going live on July 10, Augur allows anyone to create contracts to predict future events …
Tokio Marine HCC announced that Susan Rivera has been appointed its next chief executive officer effective Sept. 1, 2018, replacing Christopher J.B. Williams, the current CEO. Williams is taking on a new role as managing executive officer and co-head of …
Slice Labs Inc., a U.S. company offering cloud-based on-demand insurance, has partnered with XL Catlin to offer an on-demand cyber insurance product for U.S. small and medium-sized business (SMBs) built on the Slice Insurance Cloud Services (ICS) platform. The ICS …
Marsh & McLennan Companies reported consolidated revenue was $3.7 billion, an increase of 7 percent over the second quarter of 2017. Operating income was $691 million for the quarter. In the Risk & Insurance Services unit, revenue was $2.1 billion …
While Donald Trump has positioned himself as a tough, “law and order” president, he has mostly excluded one group of offenders from his sights: those of the corporate class, according to a report released Wednesday by Washington-based watchdog Public Citizen. …
Risk management services company Riskonnect said it has agreed to acquire Marsh ClearSight, a risk, safety, and claims software and services and a business unit of insurance broker Marsh. Terms of the transaction, which is expected to close in the …
A federal jury will decide what really happened between a former junior finance professor and the tenured Columbia Business School staff member she said sexually harassed her — and whether the university did enough to protect her once she reported …
