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Zurich Insurance Chief Set to End Revamp Ahead of All Goals

Zurich Insurance Group AG said it will exceed all of its financial targets as the global insurer benefits from a three-year turnaround plan that slashed costs. The combined ratio, a key measure of underwriting performance, declined to 95.1%, the company …

Viewpoint: Choosing the Best Tools for Discovery in Work Comp Cases

Life does not always turn out quite like we planned. If you had asked me at age 16 what I was going to be when I grew up, without hesitation I would have told you about my future as an …

Business News: Greenlight Re, Ontellus, Munich Re

Greenlight Re Invests in Handdii Greenlight Re Innovations, a specialist property and casualty reinsurance company headquartered in the Cayman Islands, has investment in Handdii Pty Ltd., a property insurance claims fulfillment platform. Handdii, an insurtech based in Melbourne, Australia, provides …

Study Links Cheating on Spouse with Professional Misconduct

People who cheat on their spouses are a lot more likely to engage in misconduct in the workplace, according to a new academic study. The researchers looked at the records of police officers, financial advisers, white-collar criminals and senior executives …

Honolulu Authorities Investigate Arsons at 3 Waikiki Hotels

HONOLULU — Honolulu police said Wednesday surveillance video recorded images of the same man at three different high-rise hotels near Waikiki Beach where fires were intentionally set in recent days. Two rooms were burglarized while guests were evacuated from one …

PG&E Posts $2.6 Billion Loss Stemming From Bankruptcy, Wildfires

PG&E Corp., the bankrupt California utility giant, reported a $2.6 billion second-quarter loss and said it expects more charges this year tied to wildfires that devastated the state in 2017 and 2018. The company, which didn’t provide an outlook for …

Tyson Bets on Robots to Fight Meat Industry Worker Shortage

When you visit a meat plant, humans are completing tasks like stacking pallets and packing chicken drumsticks. But Tyson Foods Inc. thinks robots can do it all. The U.S. meat giant is betting that automation and robotics can alleviate a …

Bayer Is Said to Seek $8 Billion Roundup Cancer-Claim Deal

Bayer AG is proposing to pay as much as $8 billion to settle more than 18,000 U.S. lawsuits alleging its Roundup herbicide causes cancer, according to people familiar with the negotiations. An agreement, which could take months to work out, …

Enbridge Says Gap Opens Beneath Great Lakes Oil Pipeline

TRAVERSE CITY, Mich. — Erosion has created a gap beneath an oil pipeline in a key Great Lakes channel that’s wider than allowed under an agreement with the state of Michigan, oil transport company Enbridge Inc. said Wednesday. The Canadian …

Wildfire Threatens Idaho Hot Springs Resort Area Near McCall

BOISE, Idaho — Firefighters are trying to stop a wildfire from reaching a popular hot springs resort area with buildings dating to the late 1800s. Fire spokesman Jim Mackensen said Wednesday that nine fire engines are positioned at Burgdorf Hot …

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