Say you’re on your laptop at Starbucks, minding your own business, when an acquaintance of yours across the room isn’t minding his. Unbeknownst to you, he’s using the same store Wi-Fi as you to conduct a virtual invasion of your …
Risk manager Gloria Brosius has assumed the leadership of RIMS, the risk management society, as president for the 2019 term, effective January 1. Brosius is director, Risk Management and Insurance for Pinnacle Agriculture Distribution in Loveland, Colorado. She has been …
The almost weekly headlines about insurers and venture capitalists investing in insurtechs and tech-savvy insurance startups sometimes blocked the view of what established big technology firms were doing in insurance. During 2018, giant technology firms Google and Amazon showed renewed …
Last March, a 103-year-old resident of a Sunrise Senior Living facility in Willowbrook, Illinois, went on a field trip to the movies. Ruth Smith, who used a walker, fell down two concrete steps in the theater and died about six …
JLT Re’s global property-catastrophe reinsurance index fell 1.2 percent in Jan. 1 policy renewals, the broker said on Wednesday, dashing the industry’s hopes of higher reinsurance premiums after a second straight year of big losses. Reinsurance prices, chiefly set in …
It’s been another year of relentless artificial-intelligence hype and incremental AI achievement. Machines still beat humans only in carefully constructed environments or at narrow tasks. The good news is that, as the technology progresses, the race for leadership is still …
The Carlyle Group Global is now the majority owner of claims and technology services firm Sedgwick. Funds managed by Carlyle completed an ownership transaction that is valued at approximately $6.7 billion on Dec. 31. Previous majority shareholder KKR is fully …
A lawsuit filed against Google by users who said the world’s largest search engine violated their privacy by using facial recognition technology was dismissed by a judge on Saturday. U.S. District Judge Edmond E. Chang in Chicago cited a lack …
China Reinsurance (Group) Corp. announced it has completed the 100 percent equity acquisition of Chaucer Holdings Ltd. — the major portion of Hanover Insurance Group’s Lloyd’s international specialty business. The acquisition of Chaucer Insurance Co. DAC (Chaucer Dublin) and Hanover …
A lawsuit targeting California coffee houses for not including warning labels on their products tops the U.S. Chamber Institute for Legal Reform’s (ILR) list of the Top 10 Most Ridiculous Lawsuits of 2018. This year’s list features lawsuits by a …
