International News

A Year Later, Grenfell Tower Fire Still Haunts Britain

In the shadow of London’s Grenfell Tower, the pain is as fresh as the newly laid flowers for the dead. One year ago, the residential high-rise was destroyed by a fire that killed 72 people. It was the greatest loss …

Accenture Unveils Tool to Help Companies Ensure Their AI Is Fair

Consulting firm Accenture has a new tool to help businesses detect and eliminate gender, racial and ethnic bias in artificial intelligence software. Companies and governments are increasingly turning to machine-learning algorithms to help make critical decisions, including who to hire, …

Allianz Keeps Market Guessing With Acquisition Possibilities

A $94 billion financial behemoth is keeping the market on tenterhooks about its next move. Europe’s largest insurer, Allianz SE, is in the early stages of evaluating a variety of potential acquisition targets as deal-hungry Chief Executive Officer Oliver Baete …

Business News: Pie, Mitchell International, Partner Re

Pie Insurance Launches Workers’ Comp Coverage for Small Businesses in 7 States Pie Insurance announced it has begun selling workers’ compensation insurance policies online, directly to small businesses in Arizona, Colorado, Georgia, Illinois, Louisiana, Tennessee, and Texas. Small business owners …

Report Says London High Rise Residents Were Wrongly Told to Stay Inside

Residents of London’s Grenfell Tower high-rise were wrongly told to stay in their apartments as fire raged through the building, aided by flammable external cladding that didn’t meet safety standards, an expert report said Monday. Fire-safety engineer Barbara Lane said …

Business News: Ascot, CNA, AutoClaims Direct

Ascot to Acquire Greyhawk Insurance Company Ascot US Holding Corporation announced the acquisition of Greyhawk Insurance Company, and its wholly owned subsidiary Greyhawk Specialty Insurance Company (“Greyhawk Specialty”). Greyhawk is a Colorado domiciled admitted lines insurer and has been in …

Survey: Self-Driving Cars Need to Reduce Traffic Deaths by at Least 75% to Stay on the Roads

The race is on for companies to present their driverless cars to the public, but recent collisions involving autonomous vehicles developed by Uber Technologies Inc. and Tesla Inc. have led consumers to questions whether these vehicles can alleviate traffic issues …

Survivors Continue to Mourn as Grenfell Tower Inquiry Begins in London

Survivors of a devastating high-rise fire in London wept Monday as relatives paid tribute to some of the 72 victims at the opening of an inquiry into Britain’s deadliest blaze in decades. The Grenfell Tower inquiry is beginning with two …

People News: Aon, Farmers, Zurich NA

Aon Names CEO of Captive & Insurance Management Business Aon named John English chief executive officer, Aon Captive & Insurance Management effective June 1, 2018. English is currently chief operating officer of Aon Captive & Insurance Management & managing director …

European Data Privacy – What’s Changing Under New Data Privacy Rules

Europe’s new data and privacy rules take effect this Friday, clarifying individual rights to the personal data collected by companies around the world for targeted advertising and other purposes. Years in the making, the rules are prompting companies to rewrite …

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