Industry News

Insurance Journal

Agents Warned About E&O Risks in Claiming Cyber, Cannabis Expertise

Dec 14, 2018 Insurance agents and brokers who market themselves as experts in cannabis or cyber could wind up regretting that positioning. Because both are relatively...

Toy Wars: Lego Sues to Halt Sales of Zuru ‘Copycat’ Figurines at Walmart

Dec 14, 2018 Lego A/S wants to make sure any plastic toy figurine unwrapped in an American home during the holidays isn’t what the toymaker calls a copycat of...

Possible Drone Strike on Aeromexico Jetliner Under Investigation

Dec 14, 2018 Grupo Aeromexico SAB is investigating whether a drone slammed into a Boeing Co. 737 jetliner as the aircraft approached its destination in Tijuana, Mexico...

Analysts See Autonomous Flying Vehicles Taking Off

Dec 14, 2018 Flying cars, long a staple of science fiction, may be landing in the real world sooner than you think. Sleek vehicles floating above their more chaotic, terrestrial siblings...

Best's Reviews

Faced With Aging Consumer Base, Farmers Launches Millennial Brand Toggle

Dec 13, 2018 Faced with an aging consumer base, Farmers is targeting millennials with a new brand called Toggle, which launched with a 15-page renters...

AM Best Affirms Credit Ratings of Securian Financial Group, Inc. and Its Subsidiaries

Dec 13, 2018 AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term...

AM Best Affirms Credit Ratings of Chubb Limited and Its Subsidiaries

Dec 13, 2018 AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” of the...

UK Lawyer Charts Continuing Effects of 2017 Grenfell Tower Fire Tragedy

Dec 13, 2018 The fire that killed 72 people in Grenfell Tower, a 24-story public housing project in West London, in June 2017, continues to affect the...

Claims Journal

About $9B in Insured Losses After Three California Wildfires

Dec 13, 2018 Three of last month’s California wildfires will cost insurers about $9.05 billion, according to preliminary information from state regulators. That figure is based...

J&J Begins Settling Pinnacle Hip Defect Lawsuits

Dec 13, 2018 Johnson & Johnson has begun settling consumers’ claims that it sold artificial hips knowing they were defective, marking the first settlements in the seven-year-old...

Earth’s Warming Occurring During Odd Times and in Strange Places

Dec 13, 2018 Scientists are seeing surprising melting in Earth’s polar regions at times they don’t expect, like winter, and in places they don’t expect,...

Massachusetts Lawmakers Say Gas Firms Are Compromising Safety

Dec 13, 2018 Natural gas companies in Massachusetts are compromising safety by increasingly turning to outside contractors for pipeline work while cutting back on staff that would...