The insurance industry is experiencing a convergence with technology that is transforming the way it develops products, underwrites, prices and sells policies, and services its customers. This change can seem disruptive, so it’s critical that insurance companies better understand how …
The U.S. government is stepping up efforts to protect the planet from incoming asteroids that could wipe out entire regions or even continents. The National Science and Technology Council released a report last week calling for improved asteroid detection, tracking …
A single foodborne illness outbreak could cost a restaurant millions of dollars in lost revenue, fines, lawsuits, legal fees, insurance premium increases, inspection costs and staff retraining, a new study from researchers at the Johns Hopkins Bloomberg School of Public …
Although analysts at Conning didn’t actually use the word “shocked” in their latest report on the property/casualty industry’s loss reserve position, the title of the report—and the image on the front page—made it clear that the analysts didn’t see the …
It’s time for reciprocity across states in insurance adjuster licensing, according to a new report. The study by the Pacific Research Institute into state licensing requirements,“Breaking Down Barriers,” found that the average adjuster holds between 10 and 12 different state …
USG Insurance Services, Inc. has launched an exclusive e-cigarette and vape store program through its programs division, Allied American Underwriters. The program offers several coverages for a wide range of classes, including: distributors, wholesalers, importers/blenders, retailers, e-liquids & e-juices, e-cig …
Health care insurers including Medicare, Medicaid and major private insurers have not done enough to combat the opioid epidemic, suggests a study led by researchers at Johns Hopkins Bloomberg School of Public Health. The Bloomberg School researchers examined major insurers’ …
A federal judge in New York ruled on Thursday that the structure of the U.S. Consumer Financial Protection Bureau is unconstitutional, forbidding the agency from suing a company that advances money to people awaiting settlement payouts. The decision by U.S. …
Chubb has announced leadership appointments in its North America Agriculture business, which includes commercial property/casualty insurance and the crop insurance franchise, Rain and Hail. Michael Coleman will assume the role of chairman of Chubb Agriculture and chairman of Rain and …
Dr. Atul Gawande, a surgeon who was named this week to head the company being formed by Amazon, Berkshire Hathaway and JPMorgan Chase to trim employee healthcare costs, on Thursday cited surgery as the single biggest U.S. healthcare cost and …
