How Data-Dependent Federal Reserve Is Growing to Like Private Company Big Data

About a year ago, Federal Reserve officials were nervous. Markets were cratering. Fear about a trade war was rising. The officials needed to know...

Allstate’s Growth Plan Includes Shift in Agent Commissions, Boost in Advertising

Allstate first disclosed its Transformative Growth Plan in December, an effort to overhaul how it does business, boost efficiency and reduce expenses. During the...

Insurtech Lemonade Prepares to Unleash a Pet Insurance Product

Insurtech carrier Lemonade plans to debut pet insurance later this year. Lemonade says it hopes to launch the pet insurance product within a few months,...

What You Need to Know Before Using Your Life Insurance Policy as Collateral

Putting up your life insurance policy as collateral first requires an understanding of what collateral assignment entails. By assigning any asset of yours as loan...

Nissan Autonomous Car Completes 230-Mile Journey in Britain

CRANFIELD, England – A Nissan car has completed a 230-mile journey autonomously in Britain, the longest and most complex such trip in the country...

Researchers Create Extreme Weather Early Warning System from ‘Obsolete’ Tool

Rice University engineers have created a deep learning computer system that taught itself to accurately predict extreme weather events, like heat waves, up to...

Hospital’s Ransomware Attack Exposes New Risk for Muni-Bond Issuers

Hackers have finally done what bond issuers may have feared most from cyber criminals. A ransomware attack on Pleasant Valley Hospital in West Virginia was...

Judge Rejects Argument That Insurer Acted in Bad Faith by Using Automated Bill Pay

For the second time in a year, a federal judge rejected a plaintiff attorney’s argument that an insurance carrier acted in bad faith by...

Berkley CEO Warns Against Overreaction to Workers’ Comp Rate Declines

While the market is hardening and rates are increasing for nearly every commercial insurance line, workers’ compensation remains stubbornly soft. That reality is something...

Judge Quashes Peloton’s Countersuit in Music Copyright Case

Peloton Interactive Inc.’s attempt to fire back at music publishers who sued the exercise bike maker for copyright infringement was quashed by a federal...