At least eight people were killed as Tropical Storm Isaias battered the U.S. East Coast with rain and fierce winds after making landfall as a hurricane in North Carolina. Millions of people were without power on Wednesday after felled trees … Read more »

The Tennessee Department of Commerce & Insurance (TDCI) has hired Joshua Clark joins TDCI as the new director of Business Development for the Insurance Division. As the director of Business Development for the Insurance Division, Clark will focus on expanding … Read more »

Morgan Stanley has expanded its insurance offerings to include property & casualty insurance coverage for its high net worth clients through insurance brokers HUB International, Marsh Private Client Services, and Willis Towers Watson. The coverage will target risks associated with … Read more »

Leading container lines are diverting ships to Lebanon’s smaller terminal of Tripoli after the devastating explosion at Beirut’s port that killed 145 people also paralyzed vital trade. Lebanon, which imports almost all it uses, relies on container ships to bring … Read more »

CNA Financial Corp. saw its 2020 second quarter net income sliced almost by half compared to the previous year due to “considerable catastrophe losses” from COVID-19, civil unrest and weather-related events. The Chicago-based commercial property/casualty insurer booked $151 million in … Read more »

American Family Insurance has renamed the Ameriprise Auto & Home business that it paid almost $1 billion for in a deal that closed last October. The new name is CONNECT, which is accompanied by the slogan: “Powered by American Family … Read more »

Insurtech was once the Wild West of the insurance industry. Many of insurtech’s early players came from outside insurance after observing the industry struggle to deliver what was, in their view, a competitive customer experience. Led by ambitious entrepreneurs from … Read more »

Figures showing California has slowed the rate of coronavirus infections may be in doubt because a technical problem has delayed reporting of test results, the state’s top health official said. For days, California hasn’t received full counts on the number … Read more »

Industrial robots are now being used to assemble everything from airplanes to smartphones, using human-like arms to mechanically repeat the same processes over and over, thousands of times a day with nanometric precision. But according to a new report entitled … Read more »

Texas health officials reported almost 9,200 confirmed new coronavius cases Tuesday as a convention center in the hard-hit Rio Grande Valley opened as a makeshift hospital for COVID-19 patients. The Department of State Health Services on Tuesday reported 245 confirmed … Read more »