April 12, 2019
A U.S. Appeals Court ruling last month in Puerto Rico’s bankruptcy led Fitch Ratings on Thursday to place seven city, school, and health care ratings in states including Illinois and California on a watch list for potential downgrades. The credit …
April 12, 2019
Own a home? No doubt you’ve insured it. Very sensible of you. But if that home were, say, burned to the ground, then your insurance company probably wouldn’t cover the cost of rebuilding it. Don’t feel too bad, though. It’s …
April 12, 2019
Patricia Ross, Raphael Strumlauf and Kate DeNeveu each have at least one thing in common: They’re generally happy with their business insurance. Each owns a business at the downtown pedestrian mall in Charlottesville, Va. They’re all in their early ’30s …
April 11, 2019
The risk of being kidnapped or taken hostage is being added to the travel advisories issued by the State Department. State Department advisories have until now included warnings about such things as crime, civil unrest or the potential for terrorism. …
April 11, 2019
The crashes of two Boeing Co. 737 Max jets in five months have focused attention on a little-known device that malfunctioned, starting a chain reaction that sent the planes into deadly dives. Pilots have for decades relied on the weather-vane-like …
April 11, 2019
The biggest tech companies want the public to know that they’re taking special care to ensure that their use of artificial intelligence to sift through mountains of data, analyze faces or build virtual assistants doesn’t spill over to the dark …
April 11, 2019
Lemonade, the insurance company built around artificial intelligence and behavioral economics, announced the signing of a $300 million Series D funding round led by SoftBank Group with participation from Allianz, General Catalyst, GV (formerly known as Google Ventures), OurCrowd, and …
April 11, 2019
The annual Liberty Mutual Workplace Safety Index documents the top 10 causes of the most serious workplace injuries – those causing an employee to miss five or more days from work – and ranks them by their direct cost to …
April 11, 2019
Several states are probing pharmacy-benefit managers’ business practices in government-sponsored health programs, adding to the scrutiny the middlemen face in Washington for their role in the cost of drugs. At least three state attorneys general are investigating PBMs, in addition …
April 10, 2019
Agency technology firm Applied Systems said it has acquired TechCanary, an insurance customer relationship management (CRM) system built on the Salesforce.com platform. Terms were not disclosed. Applied Systems said TechCanary’s insurance CRM will be integrated with the Applied Epic agency …