Atul Gawande, a surgeon and journalist who has written extensively about the U.S. failure to grapple with rising healthcare spending, has been named to head a new health venture for Amazon.com Inc., Berkshire Hathaway Inc. and JPMorgan Chase & Co. …
PAK Programs, specialty insurer of alcoholic beverage manufacturers and distributors, has introduced a program designed for mead producers, Meadery PAK. The program is underwritten by Great American Insurance Group. Larry Chasin, president of PAK Programs, said meaderies, which are part …
Two leading U.S. property/casualty insurance carrier trade groups are talking about merging. The American Insurance Association (AIA) and the Property Casualty Insurers Association of America (PCI) said their respective boards have approved moving ahead with merger talks and due diligence, …
After four years of sub-100 combined ratios for the U.S. homeowners insurers, the segment saw its combined ratio deteriorate to 107.1 in 2017 as a result of numerous catastrophes, according to an A.M. Best report. The new Best’s Market Segment …
While 47 percent of small businesses suffered at least one cyber attack in the past year, only 35 percent of them took action following a cyber security incident to mitigate against another. Forty-four percent of small businesses that reported a …
Correction: An earlier headline on this article incorrectly identified the product as Tesla’s. It is not; it is made by an aftermarket firm. Tesla supports the move to end sales of the product. Insurance Journal regrets the error. The Autopilot …
In a private waterfront resort on the northern tip of Key Largo, nestled between tropical forest and the Caribbean, Eric Soulavy is marketing luxury for the age of climate change: Coastal homes that are all but hurricane proof. The Florida-based …
Liberty Mutual announced that Shaun E. Kelly has been named president of Distribution for Global Risk Solutions (GRS). In this role, Kelly will lead distribution and marketing of the unit’s diversified commercial and specialty insurance and reinsurance product portfolio. Kelly …
Insurtech platform SURE has launched RideSafe, an insurance product offering passengers coverage for ridesharing networks, beginning with Uber and Lyft. Future offerings of RideSafe will include coverage for passengers riding in autonomous ridesharing fleets. Through this new offering underwritten by …
Hollywood movie mogul Harvey Weinstein is asking that a jury decide whether his insurer must defend him against 14 lawsuits accusing him of sexually harassing and assaulting women over several decades. Weinstein contends that Federal Insurance Co., a Chubb subsidiary, …
