Digital property/casualty insurance platform CoverHound announced it has raised a $58 million Series D funding round. Global specialist insurer Hiscox led the round, along with additional investors including Chubb, Aflac Ventures and Japan-based MS&AD. The latest round brings the total …
The risk management society RIMS has formed a Diversity and Inclusion Advisory Council tasked with identifying “relevant diversity and inclusion goals” for the society to pursue in its activities, as well as providing guidance on how best to achieve them. …
As insurance executives fret about helping their companies embrace new technology and change, one CEO offers this idea: Embrace that there are smarter people in the room. “Everybody in my organization is a whole lot smarter than I am,” said …
Kimberly A. Holmes has joined Kemper Corp. as senior vice president, chief actuary and strategic analytics officer. Holmes will lead Kemper’s enterprise-wide actuarial and analytics teams. Holmes’ direct reports include the executives who lead the actuarial and data and analytics …
Sexist comments, lewd gestures — and worse. Allegations like these are sorely familiar in the #MeToo era. Only this time, they hail from what seems like Wall Street’s Dark Ages: back when Lehman Brothers was flying high. More than a …
Johnson & Johnson, the world’s largest maker of health-care products, has agreed to settle the bulk of consumers’ lawsuits alleging it sold defective artificial hips and misled patients about their dangers, according to a lawyer for the plaintiffs. “The parties …
Federal safety advocates are targeting three of the worst habits by drivers that kill more than 10,000 people a year: speeding, impaired driving and distractions from electronic gadgets. The U.S. National Transportation Safety Board unveiled its “Most Wanted” list of …
Ironshore Specialty Casualty has announced executive appointments to oversee the Programs business unit in the U.S. Casey Hartley has been named senior vice president, head of Programs. Hartley will oversee the development, marketing and distribution of programs lines, working with …
Faced with an aging American workforce, companies are increasingly navigating delicate conversations with employees grappling with cognitive declines, experts say. Workers experiencing early stages of dementia may struggle with tasks they had completed without difficulty. Historically punctual employees may forget …
The U.S. government’s proposal to eliminate rebates that pharmacy benefit managers receive from drugmakers will not have a meaningful impact on growth, and does not affect the commercial market, Cigna Corp. Chief Executive Officer David Cordani said on Friday. Investors …
