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http://www.businessinsurance.com//section/NEWS
Updated: 56 min 6 sec ago

US property/casualty Q1 net premiums written grow 15.2%: Best

2 hours 1 min ago
The U.S. property/casualty sector saw 15.2% growth in net premiums written during the first quarter of 2018, offsetting a 3.1% increase in losses and loss adjustment expenses, according to a report from A.M. Best. Co. issued Wednesday.

Uber ends Arizona self-driving program following fatality

4 hours 38 min ago
(Reuters) — Uber Technologies Inc. has shut down its self-driving car operation in Arizona two months after a fatal crash involving one of its vehicles, the company said on Wednesday.

Insurer not obligated to pay for attorney defense in overbilling case

5 hours 43 min ago
Evanston Insurance Co. was not obligated to pay for the defense and investigation costs of an attorney who was sued in a class action and investigated by the Colorado attorney general, says a federal appeals court, in affirming a lower court ruling.

Claims adjusters, data patterns unveil workers comp fraud

6 hours 29 min ago
Fraud involving medical providers and pharmacies is a fast-growing segment of insurance criminal activity that costs insurers and employers billions annually. And who often catches on to it first? Claims adjusters.

Court rules in favor of transgender student in bathroom case

7 hours 15 min ago
A federal district court in Virginia on Tuesday refused to dismiss litigation involving a transgender student’s bathroom use and held he is protected by Title IX of the Education Amendments Act of 1972, in a case that was remanded from the U.S. Supreme Court.

Investors from outside insurance sector buying into insurtech: Report

7 hours 24 min ago
Explosive growth in the insurtech sector is attracting interest from investors outside the insurance industry, driving deal levels to new heights, according to a report from Willis Towers Watson P.L.C. issued on Wednesday.

Self insuring risk top reason for forming captive: Marsh survey

8 hours 29 min ago
Self insuring risk is the top reason captive owners form a captive, while writing third-party business ranks at the bottom of the list, according to a survey of 1,100 captives managed by Marsh Captive Solutions.

Medical advances improve injury survival but increase costs

12 hours 28 min ago
Loss of limbs and major burns that used to kill people in workplace incidents are doing so less and less thanks to pricey medical advances.

Skepticism abounds on proposed OSHA rules under Trump administration

12 hours 35 min ago
Potential standards to prevent workplace violence in the health care sector and improve emergency response and preparedness are back on the radar, but for how long?

Odebrecht to pay $734 million in damages over corruption

12 hours 51 min ago
Brazil-based engineering conglomerate Odebrecht S.A. has reached a preliminary agreement to pay a 2.7 billion Brazilian real ($734 million) in damages in relation to a recent corruption scandal.

Odebrecht to pay $734 million in damages over corruption scandal

12 hours 57 min ago
Brazil-based engineering conglomerate Odebrecht S.A. has reached a preliminary agreement to pay a 2.7 billion Brazilian real ($734 million) in damages in relation to a recent corruption scandal.

Reinsurer expands operations to Asia, Middle East

12 hours 59 min ago
Sierra Leone-based Waica Reinsurance Corp. P.L.C. reinsurer has expanded its operations to Asia and the Middle East.

Nearly $450 million in losses from cargo thefts: Study

13 hours 1 min ago
A study by Brazil's National Association of Freight Transport and Logistics found that cargo thefts caused nearly 1.6 billion Brazilian real ($439 million) in losses in 2017.

CEOs concerned about cyber threats: KPMG

13 hours 10 min ago
A report by Dutch consultancy firm KPMG International found that nearly 70% of chief executives in Singapore are unsure of their ability to identify cyber threats.

Indian insurer's swings to profit

13 hours 13 min ago
United India Insurance Co. Ltd.'s profit after tax totaled more than 10 billion Indian rupees ($147 million) for the year ended March 31 compared with a loss of INR 19 billion in the prior fiscal year.

Piracy on the rise

13 hours 14 min ago
U.S.-based One Earth Future Foundation Inc. reported 54 piracy incidents off the coast of East Africa in 2017, double the amount in 2016.