May 14, 2018
Takata Corp.’s defective air bags have been linked to 278 injuries across the United States, according to updated figures released by U.S. Democratic Senator Bill Nelson of Florida, in advance of a hearing this week on the nomination of Heidi …
May 14, 2018
The top 10 workers’ compensation insurers capture 46 percent of the market across the country, according to the latest figures from the National Association of Insurance Commissioners (NAIC). The top three — Travelers, The Hartford and Zurich— write a little …
May 13, 2018
At BP’s massive Thunder Horse oil platform in the U.S. Gulf of Mexico, a dog-sized robot called Maggie uses magnetic tracks to creep along pipes connecting the giant oil facility to the sea floor. Before MaggHD, dubbed “Maggie” by BP, …
May 11, 2018
The National Rifle Association (NRA) has filed a lawsuit against New York’s insurance regulator and Governor Andrew Cuomo, alleging a regulatory overreach by New York officials that has resulted in violations of the NRA’s First Amendment rights. The NRA’s lawsuit …
May 11, 2018
When Hurricane Sandy hit the U.S. East Coast in October 2012, its 80-mile-per-hour winds and the resulting flooding did about $71 billion in damage. After the storm, researchers found that natural coastal ecosystems saved communities from Maryland to New Jersey …
May 11, 2018
The NFL’s cheerleader problems are back. The New York Times reported Wednesday that cheerleaders for the Washington franchise were made to pose topless for season ticket holders in Costa Rica in 2013. Earlier this year, a former New Orleans Saints …
May 11, 2018
A retail store’s ability to authenticate customers by scanning their unique ear or retinal patterns may seem like something out of a sci-fi movie, but this type of identification technology isn’t fictional. It’s called biometric authentication, and it has grown …
May 11, 2018
Global broker JLT Specialty USA announced the appointment of Kirk Bantz as senior vice president. Bantz will work on complex risks for Life Sciences and Manufacturing companies. Bantz has 25 years of insurance and risk management experience. He comes to …
May 11, 2018
The U.S. workplace is getting safer but the cost of the most serious workplace injuries is rising, according to the findings of the most recent Liberty Mutual Workplace Safety Index. The number of the most serious workplace injuries and illnesses …
May 11, 2018
Insurers can seize major growth opportunities by redesigning work, bringing in new talent, and pivoting their existing workforces to work with artificial intelligence (AI), according to a new repot by Accenture. The report, Future Workforce Survey – Insurance: Realizing the …