Self-driving vehicle companies from Tesla Inc. to General Motors Co.’s Cruise are racing to start making money with their technology, outrunning efforts by regulators and Congress to write rules of the road for robot-driven vehicles. On Tuesday, Cruise said that …
Century Risk Advisors, an independent insurance and risk management firm based in Boca Raton, announced it has named Jose Gonzalez managing director of Century Benefits, a division of the company. Gonzalez, of Miami, has more than 20 years’ experience in …
Great American Insurance Group announced that David L. Thompson Jr. has been named president and chief operating officer of Great American’s Property & Casualty Group. Thompson will become the 18th president in Great American’s 150-year history, assuming this title from …
New Jersey-based broker World Insurance Associates reports it has acquired Sumner & Sumner, Inc., an Insurance agency in Willimantic, Connecticut. Terms of the transaction were not disclosed. Sumner & Sumner began in 1851 as the A.W. Jillson Insurance Agency. The …
Chubb reported fourth quarter 2021 net income of $2.1 billion, a decrease of 11.5% compared to the same period the prior year. Nevertheless, the insurer had what CEO Evan G. Greenberg called “one of the best years in our company’s …
Petriage, a pet health technology company, has developed a veterinary platform it calls a “teletriage symptom analysis tool” that informs pet owners of the urgency of seeking care for their ailing dog or cat, based on information they input about …
Much uncertainty exists around catastrophic cyber threats, and for an industry so focused on analyzing risk, that’s a big challenge, experts say. Some of the recent cyber attacks on supply chains and critical infrastructure may have insurers wondering if the …
Global commercial insurance prices increased 13% in the fourth quarter of 2021, a decline from the 15% increases seen in both the second and third quarters, according to Marsh’s latest Global Insurance Market Index. Marsh noted that this is the …
Stacey Macken fought more than eight years for equal pay. Her victory over BNP Paribas SA this week at a London court may encourage a wave of other women to come forward. In an unprecedented order for a UK investment …
With the effects of climate change becoming more palpable, a rise in climate litigation cases could have significant financial and reputational repercussions for corporates. Thomas Englerth, associate director at S&P Global Ratings, explores how the potential risks associated with this …
