DuPont de Nemours Inc.’s ex-top executive is backtracking on claims the chemical maker never intended to saddle its spinoff Chemours Co. with “unlimited exposure” for liabilities. Ellen Kullman, who resigned as CEO in 2015, said in a court filing directors …
Zurich Insurance has rolled out new, industry-specific endorsements to its cyber insurance policy designed to expand coverages provided to the manufacturing industry. The endorsements were created in response to the growing threats posed to U.S. industrial firms by data breaches, …
On the tail-end of what turned out to be an extremely risky year for cannabis companies, one must wonder what 2020 has in store for a quasi-legal industry that is contending with a vaping crisis, contentious politics at all levels …
Nationwide’s pet insurance operation has new top dog. Heidi Sirota has been named chief pet officer for Nationwide’s pet health insurance unit. In her new role, Sirota will oversee all aspects of Nationwide pet insurance operation including profitability, strategy, product, …
A former MetLife Inc. executive claims she suffered years of gender-based pay discrimination and harassment from members of the insurer’s top leadership team and that she was fired after complaining about a lack of diversity. Mona Moazzaz, a former chief …
Nick Pacifico has been working at his family’s Cadillac dealership in Denver since 2003. He’s never seen insurance costs this bad. “Getting coverage is nearly impossible,” said Pacifico, vice president at Rickenbaugh Automotive Group. Two years ago he paid about …
Mediation between Bayer and plaintiffs in the United States aims to clarify all justified claims related to Roundup herbicide both at the national and state level, mediator Ken Feinberg told a German magazine. “The mediation is going slowly but steadily,” …
Aviation regulators around the world need to do a better job of assessing hazards in aircraft designs and understanding how pilots might be tripped up by complex technology in the wake of the two fatal crashes on Boeing Co.’s 737 …
On Dec. 14, 2018, Aaron Cole was about to buy a new house and received an email that he thought was from his title company, directing him to make a $123,000 deposit. Cole complied, not realizing that a sophisticated hacker …
Root Insurance, a property casualty insurtech, has launched a streamlined renters insurance designed and personalized for consumers starting at $6 a month. In addition to covering customers’ personal property and liability from accidents, the new Root renters insurance product pays …
