June 3, 2019
Memo to insurance agency owners seeking to onboard new employees: Expect to pay more, offer more and train more. Those trying to hire know that already. “What we’re seeing in particular in Texas, and I imagine in other places, too, …
June 3, 2019
JPMorgan Chase & Co. has agreed to pay $5 million to resolve a discrimination claim filed by a male employee who alleged the bank’s parental leave policy was biased against dads. The payout resolves a 2017 complaint brought by the …
June 3, 2019
Wearing a black shirt with “Fight for your happiness” on the front and “Sick not weak” on the back, Daniel Carcillo eats an apple as his wife makes a cappuccino nearby and their oldest daughter scampers around the kitchen. This …
May 31, 2019
A federal judge in New York has granted reinsurance broker Guy Carpenter’s request for a temporary restraining order against three former executives who moved to competitor Lockton in March. The TRO blocks the three executives from directly or indirectly soliciting …
May 31, 2019
A U.S. judge ordered Facebook Inc. to give shareholders emails and other records concerning how the social media company handles data privacy, after data for 87 million users was accessed by the British political consulting firm Cambridge Analytica. In a …
May 31, 2019
The Hartford has partnered with Mimecast, an email and data security company, to offer Mimecast Awareness Training services designed to help customers reduce the risk of a cybersecurity incident before it occurs. According to Tim Marlin, head of cyber underwriting …
May 31, 2019
The number of legal malpractice claims resulting in larger multimillion dollar payouts – as well as the dollar amounts involved – has surged in the past year, with at least two settlements exceeding $250 million. That’s according to the latest …
May 31, 2019
Flying has become deadlier than it has been for years and it’s hard to pin it solely on Boeing Co.’s infamous 737 Max. Aircraft accidents occurred more frequently in almost every region worldwide in 2018 as the death toll climbed …
May 31, 2019
Global insurance broker Aon is partnering with digital insurance platform CoverWallet to serve clients in Australia. The parties also said they are in the process of expanding this partnership to additional geographies, including the United States. The Aon platform run …
May 30, 2019
Having failed several times to pass a $19 billion disaster aid bill with a federal flood insurance reauthorization provision by unanimous consent, the House of Representatives managed on Thursday to pass a separate two-week extension of the flood insurance program, …