Federal safety officials say that 393 people died in U.S. civilian plane crashes last year, a 15% increase over the year before. All but a dozen of the deaths occurred in general aviation, which usually involves small private planes. However, …
What happens behind the scenes when employees are accused of harassment? New research from Michigan State University revealed that almost half of accused harassers can go back to work when disputes are settled by arbitrators – or third-parties who resolve …
Car crashes in the first three states to legalize recreational marijuana have soared as law enforcement and regulators struggle to define driving high, let alone determine how to fight it. Colorado, Oregon, and Washington saw a combined 5.2% increase in …
An increase in M&A activity in today’s challenging economic environment is driving significant growth in demand for M&A insurance products, according to a report published by Aon. Aon’s report finds that following a decline in M&A activity after the 2008 …
The estate of Jeffrey Epstein wants to set up a fund using the late financier’s fortune to compensate women willing to forgo a spate of lawsuits seeking damages for sexual abuse, according to a court document filed on Thursday. In …
The U.S. Supreme Court on Friday agreed to hear Google’s bid to escape Oracle Corp.’s multi-billion dollar lawsuit accusing Google of infringing software copyrights to build the Android operating system that runs most of the world’s smartphones. Google has appealed …
The Hanover Insurance Group has launched Hanover Financial Institutions Advantage, a new offering that provides small to mid-sized asset managers and depository institutions with coordinated property, casualty, management and professional liability coverages. The Hanover Financial Institutions Advantage comprehensive product suite …
The U.S. Federal Communications Commission has proposed taking back some of the spectrum long promised to automakers and re-allocating it to other wireless uses, according to people familiar with the matter. It’s a potentially significant development in a years-long debate …
Steven D. Armstrong, FCAS, an insurance industry veteran with more than 25 years of experience, has begun his term as the president of the Casualty Actuarial Society (CAS). Armstrong has been actively involved with the CAS for two decades, having …
North American commercial insurance buyers will face sizable price increases in 2020, across most lines of insurance, according to insurance broker Willis Towers Watson’s 2020 Insurance Marketplace Realities. While the report finds that capacity is available in all but the …
