State Farm says it will not accept liability on the future sale of annuities or mutual funds. Meanwhile, Allstate, USAA and Nationwide plan to remain in the commission investment business.
To date, Aspen colleagues have raised more than $1 million, providing much-needed medical supplies, equipment and staff to support the growing Kiwoko Hospital.
This training program for agents and brokers looks at cybersecurity risks and mitigation for businesses, and features insurance professionals, cyber experts, former FBI agents and 'white hat' hackers.
Fueled with $191.5 million from billionaire Mark Cuban and other investors, Metromile Inc. is now poised to complete its journey as a full-service car insurance company.
The London insurance market shouldnt keep cutting rates to secure business because it may not be adequately pricing the risk it is taking on, the Bank of England said.
A federal district court judge certified a class of plaintiffs in an ongoing suit against State Farm, now facing claims for more than $7.6 billion in damages.
European CEOs, like their U.S. counterparts, are taking responsibility for cybersecurity amid findings that 92 percent of businesses suffered a cyber breach in the past five years.