Digital insurer Lemonade has established a nonprofit foundation designed to promote the use of AI, data and software to build socially positive products and programs globally. Dubbed The Lemonade Foundation, the organization launches with $20 million in seed funding by …
The culture at technology startups like Uber, Airbnb and PayPal is all about risk-taking. They start by offering a unique, untested or reimagined product or service or by disrupting an industry’s established production, distribution or sales methods. To succeed long-term, …
A Harvard University professor known as an expert in intellectual property is suing the New York Times for its publication of a “sensationalized, false and defamatory ‘clickbait’ Internet headline and lede” about him during the Jeffrey Epstein human trafficking scandal. …
The Hanover Insurance Group announced leadership appointments in its commercial lines business. Matthew S. Mitchell was appointed president of The Hanover’s middle market business. He has been with The Hanover for more than 13 years He was named chief strategy …
The top Insurance Journal story of the year was about a merger that never happened. On March 5, 2019 a marriage between two of the largest insurance brokers seemed to be in the works. Aon was considering a combination with …
During the course of a year, Insurance Journal columnists, consultants and other writers dispense countless words of wisdom on how to be a better and more successful professional insurance agent. If you are a veteran insurance agent — or an …
Time is running out for employers to familiarize themselves with new federal rules on overtime pay. Starting January 1, the threshold for who is entitled to overtime pay — and who is not — changes. It’s the first change since …
The Senate yesterday went along with House measures that fund the military and rest of the federal government through next September. The government funding measure includes two provisions of particular interest to the property/casualty insurance industry: a reauthorization of the …
Allstate is retiring its Esurance brand and combining its remaining Allstate, Encompass and Answer Financial personal lines brands under a single business model. The company says dropping Esurance and creating the new business model will lower costs and allow it …
Bermuda’s insurance market gains reciprocal status with the U.S. as of Jan. 1, 2020, something that industry and business groups there are celebrating as they countdown to the new year. Reciprocal status will make Bermuda on par with the U.S., …