Risk
Nationwide’s Latest Digital Platform Designed to Quicken Agent Quote Process
Nationwide has rolled out yet another digital platform, one designed to help agents quote policies for auto, homeowners and renters insurance in as little as two minutes. The platform, named ...
Mexico’s State Oil Firm Hampered by Ransomware Attack
A ransomware attack hit computer servers and halted administrative work on Monday at Mexican state oil firm Pemex, according to employees and internal emails, in hackers' latest bid to wring ransom ...
Weather-Tech Startup Understory Launches Auto Dealer Policy Formed Around On-the-Ground Data
Nick Pacifico has been working at his family's Cadillac dealership in Denver since 2003. He's never seen insurance costs this bad. "Getting coverage is nearly impossible," said Pacifico, vice ...
Typhoon Hagibis Could Be One of 2019’s Costliest Catastrophe Events: Aon
Typhoon Hagibis is likely to become one of 2019's costliest events, with economic costs of more than $10 billion and insured losses minimally in the billions, according to Aon's monthly catastrophe ...
Digital Auto Insurer Root Jumps Into Rental Insurance Market
Root Insurance, an InsurTech startup known for selling auto insurance, is expanding into the renters market. The Ohio-based InsurTech is launching a renters insurance product it bills as "affordable" ...
Investors Approve of Argo CEO Watson’s Departure; Q3 Results Are Mixed
The day after Argo Group International Holdings announced CEO Mark Watson III was retiring "immediately," investors seemed ecstatic, driving the company's stock price up 5.6 percent on Nov. 6. ...
Swiss Re Looking at Buying Stake in China Pacific Insurance
Swiss Re is looking at buying a stake in China Pacific Insurance Co. (CPIC) via a primary offering of the Chinese company's securities, the Swiss re-insurer said on Wednesday. Swiss Re declined to ...
California Utility on the Hotseat Over Cable That Failed Before Massive Wildfire
A federal judge overseeing the probation of utility giant PG&E Corp. is demanding information on a power line that failed minutes before a massive wildfire broke out last month in Northern ...