Boston-based insurtech company Corvus Insurance has expanded its underwriting appetite for its Smart Cyber Insurance product lines with the launch of an excess cyber insurance policy designed to give brokers the ability to participate on the coverage towers of larger …
Millions of Americans get their health insurance and retirement accounts through their employers. Now some are getting help with their debt. Companies including insurer Aetna and accounting firm PwC help employees pay down student loans. Others partner with startups to …
Johnson & Johnson must pay $29 million to a dying California woman who blamed asbestos-tainted talc for causing her cancer, the company’s latest loss over its iconic baby powder. Jurors in state court in Oakland, California, on Wednesday held J&J …
U.S. regulators reversed course Wednesday and announced they will ground Boeing Co.’s top-selling 737 Max family of airliners amid safety concerns after a crash Sunday in Ethiopia — five months after a similar tragedy off Indonesia. “The safety of the …
Marsh has launched IP Protect – an insurance product tailored to address organizations’ intellectual property (IP) risks. A proprietary Marsh policy, IP Protect is backed by Ambridge Partners, a managing general underwriter of transactional, complex management liability, and intellectual property …
Aon has formed a strategic alliance with Zesty.ai, a San Francisco-based insurtech startup, which uses artificial intelligence (AI) to enhance insurers’ property underwriting. Zesty.ai’s technology provides access to more than 130 billion data points on buildings and their surroundings which …
The latest culprit for cooling U.S. inflation: safer driving. A measure of underlying price pressures watched closely by policy makers continued to moderate in February, missing forecasts, according to data published Tuesday by the Labor Department. The gauge of consumer …
Zain Jaffer’s charmed, Silicon Valley life was about to collapse beneath him. It was October 2017 and Jaffer, founder of a promising mobile ad startup, was suddenly arrested and charged with a series of crimes, including assault and sexual abuse. …
President Donald Trump’s “I LOVE YOU!” tweet to farmers is facing another challenge: Budget cuts that will slash subsidies for crop insurance and small growers. Trump’s 2020 budget, released Monday, calls for a 15 percent funding drop for the Department …
Uber Technologies Inc. will pay $20 million to settle California lawsuits challenging the company’s classification of drivers as independent contractors, and not employees owed the benefits of traditional employment. Resolution of the long-standing fight over benefits and pay comes as …
