April 24, 2018
The Travelers Companies, Inc. has added new digital capabilities to its “MyTravelers for Injured Employees” workers’ compensation claims platform designed to improve the claim experience for injured employees. The company’s web-based and mobile-friendly self-service tool for workers compensation claims now …
April 24, 2018
The Travelers Companies boosted its net income for the quarter ended March 31, 2018, by 10 percent to $669 million compared to $617 million in the prior year quarter despite unusually high catastrophe losses in March. Catastrophe losses in the …
April 24, 2018
The U.S. Supreme Court considered bolstering the president’s power over federal agencies in a clash over the constitutional status of the in-house judges who handle complaints at the Securities and Exchange Commission. The justices Monday heard an appeal from Raymond …
April 24, 2018
While a small group of insurance companies is taking meaningful steps to acknowledge and respond to the business risks posed by a new operating reality posed by a changing climate, overall the sector’s performance lags behind its peers in several …
April 24, 2018
While the market for architects and engineers professional liability insurance remains intensely competitive, many insurers providing this coverage are weighing new policy enhancements that offer expanded protection. A new survey by insurance broker Ames & Gough finds some insurers are …
April 24, 2018
Insurance companies are finally putting a price on the risk of distracted driving, and it’s relatively cheap. Last year, a ticket for using a mobile phone while driving added $226 to the average insurance policy, an increase of 16 percent, …
April 24, 2018
When Hurricane Irma reached Florida’s Big Pine Key in September, it caused the floor of Terry and Sharon Baron’s cream-colored mobile home to collapse. On Marathon Key, twenty miles north, the winds lifted Diane Gaffield’s mobile home off its concrete …
April 24, 2018
Can medical marijuana help to fight the opioid epidemic? Many believe that it can. But a new study finds that people who use medical marijuana actually have higher rates of medical and non-medical prescription drug use—including pain relievers. The study …
April 23, 2018
Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented their ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management at the first annual Demo Day sponsored by Hartford InsurTech Hub last …
April 23, 2018
U.S. and European airline regulators on Friday ordered emergency inspections within 20 days of nearly 700 aircraft engines similar to the one involved in a fatal Southwest Airlines engine blowout last week, citing risks of a similar mishap. The directives …