National News

Workplace Quality, Not One Factor, Determines Worker Health, Job Safety: Study

The terms and conditions of employment — including pay, hours, schedule flexibility and job security — influence employees’ overall health as well as their risk of being injured on the job, according to new research from the University of Washington. …

How the Future of Insurtech Innovation Is Tied to the Traditions of Regulation

It’s no secret: Innovators and regulators often clash. But both are needed to help enable a dynamic, consumer-friendly property/casualty industry in the future, insurance and insurtech experts said recently. “There will be more innovation and empowerment of the consumer, but …

HSB to Offer Leak, Freeze Damage Sensor for Small Businesses

HSB, part of Munich Re, has introduced a cellular IoT sensor product designed to help smaller businesses and organizations prevent property damage. The device leverages IoT-specific cellular networks and connects to the internet to utilize proprietary algorithms to monitor for …

Hines Joins Everest’s Specialty Insurance Group in Underwriting

Kurt Hines has joined insurer Everest Insurance as vice president of Underwriting in the Specialty Insurance Group, which offers coverages for the sports, leisure and entertainment industries. In this role, Hines will be responsible for overseeing all underwriting activities for …

Growth Frenzy Around Middle-Market CLOs Expected to Continue

It’s a marriage between two of Wall Street’s hottest products. Collateralized loan obligations — typically chock-full of broadly-syndicated debt — are increasingly being stuffed with private loans made to highly leveraged medium-sized companies with limited access to bank financing. Known …

New CEO Levinson on Rebuilding Lexington Insurance

Success for a specialty lines carrier is about discipline. It’s about walking away from classes of business or lines of business when rates are no longer adequate. It’s about having the courage to make substantial changes. That’s according to Lou …

Imagine a World Without Insurance

Have you ever wondered what the world would be like without insurance? The Insurance Information Institute has. It’s probably safe to say that life would be a lot different and probably not as exciting. The economy would not be as …

Judge Rules Harvard’s ‘Fine Admissions Policy’ Passes Constitutional Test

Harvard University’s undergraduate admissions program does not discriminate against Asian-American applicants, a federal judge ruled on Tuesday, rejecting a lawsuit brought by opponents of affirmative action and backed by the Trump administration. The lawsuit was brought by a group hoping …

UPS Approved to Operate First U.S. Drone Airline for Non-Residential Deliveries

United Parcel Service Inc. on Tuesday said it won the U.S. government’s first full approval to operate a drone airline, which gave it a lead in the nascent U.S. drone delivery business over rivals Amazon.com Inc. and Alphabet Inc. The …

XPT Group, Watford Insurance Launch Trucking Program for Underserved Risks

W.E. Love & Associates, LLC, a subsidiary of XPT Group LLC, has launched a new Platinum Trucking program with Watford Insurance Co. to offer coverages for high-quality, experienced trucking firms that just miss being considered “prime” risks. According to John …

National News Archives by Month