Content from Mark Hollmer
Chubb CEO Greenberg: Degree of Future COVID-19 Revenue Impact Is ‘Simply Unknowable’
Chubb Chairman and CEO Evan Greenberg insists the global P/C insurer has strong fundamentals, but warned at the same time that the ongoing pandemic crisis will spur unpredictable revenue challenges ...
For Travelers, Q1 Catastrophe Losses Make Greater Impact Than Coronavirus Costs
The Travelers Companies felt relatively small effects from the coronavirus pandemic in the 2020 first quarter, with catastrophe losses from tornadoes and other storms taking more of a bite. ...
Some InsurTechs Pursue Growth Plans Despite Pandemic Onslaught
InsurTechs, like all companies these days, aren't immune to business challenges created by the coronavirus pandemic, which has left many businesses shut down or struggling to function in the face of ...
Analysts: Auto Insurance Coronavirus Rebates a Solid Move in the Short Term
Auto insurers have seen something new with the coronavirus pandemic: an historic reduction in driving due to millions of customers staying home and sheltering in place. That change led to carriers ...
Slice Labs Lays Off 28 Employees, Blaming the Current Economic Environment
Slice Labs said it has laid off about a third of its staff due to the pandemic-related economic environment. Tim Attia, CEO and co-founder of the New York-based InsurTech, disclosed the news in an ...
InsureTech Connect’s CEO Has Added Coronavirus Contingencies Into 2020 Fall Conference Planning
For now, the InsureTech Connect website offers this reassuring statement: "ITC Is on Track for Sept. 21-23-2020." But with the coronavirus pandemic spreading aggressively around the world, ITC CEO ...
New Argo Group CEO Rehnberg Aims for Transparency and Straight Shooting
Argo Group had been under fire for months over allegations that its board spent excessively on executive compensation when Kevin Rehnberg became interim CEO in November 2019. Three months later, ...
Chubb Is Investigating a Possible Hack Attack
Chubb confirmed that it is looking into a possible hack attack, though a spokesperson said the insurance giant's network appears at this point to be unaffected. "We are currently investigating a ...