Independent insurance agents can find sifting through the many insurtech products to pinpoint ones suited to their needs is a daunting assignment. But it’s an assignment they must tackle, according to agency consultant Chris Burand, founder of Chris Burand & …
Alabama-based specialty insurance broker Cobbs Allen is forming CAC Specialty, a combined specialty insurance brokerage and investment banking platform to offer customized insurance and risk transfer services to large corporates, small and medium sized businesses, private equity, and other alternative …
Walmart Inc. isn’t the only corporation that has seen its Tesla Inc. solar panels catch fire. On Friday, Amazon.com Inc. said a June 2018 blaze on the roof of one of its warehouses in Redlands, California, involved a solar panel …
An Illinois resident has died after being hospitalized with a severe respiratory illness that health officials believe is linked with vaping, the state’s Department of Public Health said Friday. The death is the first recorded from a mystery illness that …
The U.S. property/casualty industry’s net underwriting income declined by 9.6% to $4.8 billion in the first half of 2019, compared with $5.3 billion in the same prior-year period, A.M. Best reports. Also, ongoing negative effects from the 2017-2018 catastrophes led …
Amazon.com Inc.’s Audible was sued by some of the top U.S. publishers for copyright infringement on Friday, aiming to block a planned rollout of a feature called ‘Audible Captions’ that shows the text on screen as a book is narrated. …
As the scale and frequency of major disasters escalate, millions of dollars in federal, state and insurance payments intended for recovery efforts are being stolen by fraudsters taking advantage of chaos and the pipeline of aid flowing into the stricken …
The four-year upward trend in motor vehicle deaths that began in 2015 is ebbing, with the number of fatalities in the first six months of 2019 dropping 3% compared to the same six-month period in 2018. Preliminary estimates from the …
Two U.S. lawmakers have called on a top financial regulatory panel to consider direct oversight of the cloud services big tech companies provide to banks, saying they have become a critical component of the global financial system. In a letter …
A newly created U.S. cybersecurity agency said Thursday that China represents the greatest strategic risk to the U.S., and as a result, the agency’s top operational priority is reducing the risks from Chinese compromises to the global supply chain, including …
