The U.S. property/casualty insurance sector should see small improvements in underwriting profits in 2019 and 2020, thanks largely to commercial lines price increases, Fitch Ratings predicts in a new report. But personal auto and workers’ compensation will be two lines …
AmTrust Financial Services has promoted Adam Karkowsky to the role of president of AmTrust, reporting to Barry Zyskind, chairman and chief executive officer. The company said Karkowsky will continue to also serve in the role of chief financial officer of …
Bayer AG agreed to postpone two upcoming U.S. trials involving its Roundup weedkiller to allow time for mediation talks on a possible settlement with plaintiffs. The German agriculture giant agreed to delay two trials that were set to begin in …
A survey of 41 major corporations by broker Willis Towers Watson found that 61% believe political risk levels increased in 2019 while 68% have actually suffered a political risk loss. Disruption of international trade was considered the most significant risk …
Ride-hailing firm Uber Technologies Inc. said it received over 3,000 reports of sexual assault related to its 1.3 billion rides in the United States last year, in a report aimed at ensuring drivers and the public it was serious about …
Amazon.com Inc. and the National Football League announced a deal to use the tech giant’s cloud-computing services to help solve the epidemic of injuries—and especially concussions—afflicting the sport. Amazon’s cloud unit will provide software to analyze volumes of player health …
Insurance Office of America has launched Smart Club Program – a new program exclusively for athletic, city, country, faculty, golf, military, town, and yacht clubs. The Smart Club Program is custom designed for the needs of each club, offering a …
Accurate and honest cannabis branding should be the next best step for the budding industry if it wishes to stave off false advertising and product liability lawsuits, according to the one of the authors of a new report on the …
Small business cybersecurity provider Coronet has partnered with Coalition, a cyber insurance provider for small and midsized businesses, to offer cyber insurance to Coronet customers. The partnership combines Coronet’s data breach protection platform with cyber insurance coverage up to $500,000. …
MetLife has agreed to acquire PetFirst Healthcare, a pet insurance program administrator that currently distributes its pet insurance products through animal welfare agencies, direct-to-consumer channels and employers. MetLife says the acquisition will enable it to offer a new benefit that …
