August 12, 2019
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 …
August 12, 2019
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 …
August 12, 2019
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 …
August 9, 2019
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 …
August 9, 2019
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 …
August 9, 2019
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 …
August 9, 2019
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 …
August 9, 2019
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, …
August 9, 2019
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 …
August 9, 2019
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 …