Whew! Human Beats IBM’s AI Machine in Debate February 13, 2019 By Olivia Carville and Jeremy Kahn International Business Machines Corp. fell short in its latest attempt to prove machines can triumph over man. But it came...
National Insurance Firm Alera Group Acquires New Jersey’s Broad Reach Benefits February 13, 2019 Alera Group, a national insurance firm, has acquired Broad Reach Benefits LLC, effective February 1, 2019. Terms of the transaction...
Narragansett Bay Insurance Company Relocates Corporate Offices in Rhode Island February 13, 2019 Narragansett Bay Insurance Company (NBIC) has relocated its corporate offices to the Northwoods Office Park in Johnston, R.I. NBIC is...
Uber’s London License Faces New Legal Challenge as Cab Drivers Fight Back February 13, 2019 By Kaye Wiggins Months after Uber Technologies Inc. won a reprieve in a high-stakes battle over its operations in the U.K. capital, its...
Allstate Buys Smartphone Repairer iCracked, Expanding Its Consumer Services February 13, 2019 The Allstate Corp. said it has acquired iCracked, a provider of on-site, on-demand repair services for smartphones and tablets in...
Traffic Fatalities Again Top 40,000; Few Cars on Roads Have Latest Technology February 13, 2019 By Ryan Beene Traffic fatalities on U.S. roads reached an estimated 40,000 in 2018, the third year in a row in which at...
MGU Lodestar Marine and Aspen Insurance Form Agreement to Provide P&I Cover February 13, 2019 Lodestar Marine, the London-based managing general underwriter, announced an agreement with Aspen Insurance to provide protection & indemnity insurance (P&I)...
Munich Re’s India Partner Weighs Selling Health Insurer Stake: Sources February 13, 2019 By Ganesh Nagarajan Prathap C. Reddy and his family, founders of India’s Apollo Hospitals Enterprise Ltd., plan to sell their holdings in an...
UK’s Pool Re Extends Terrorism Cover to Include Non-Damage Business Interruption February 13, 2019 UK’s Pool Re now is able to cover losses incurred if a business cannot trade or is prevented from accessing...
Ascot and Beazley Launch $50M Insurtech-Linked Cargo Consortium for SMEs February 13, 2019 Ascot and Beazley announced the launch of a Lloyd’s-based cargo consortium, which uses insurtech solutions to help manage risk and...