Underwriting
Travelers, State Farm, Nationwide Lead $60M Financing for HOVER, a 3D Claims InsurTech
Travelers, State Farm and Nationwide led a new $60 million venture capital financing for HOVER, an InsurTech with a 3D data platform for home improvement and property insurance professionals. ...
RLI Corp. CEO to Retire; Kliethermes Will Replace Him
Property/casualty specialty insurer RLI Corp. said current CEO Jonathan Michael is retiring at the end of 2021, and RLI Insurance President and Chief Operating Officer Craig Kliethermes will succeed ...
General Motors Debuts Usage-Based Auto Insurance Supported by OnStar Vehicle Data
General Motors Co on Wednesday launched an auto insurance program with the help of its OnStar subsidiary, joining a growing field of companies hoping to cash in on the vast amounts of data generated ...
2020’s Most Powerful Atlantic Hurricane Strikes Central America
Hurricane Iota slammed into Central America late Monday with ferocious winds and rain, threatening to cripple a region already reeling from a deadly storm two weeks ago. Iota, the most powerful ...
Zywave Snatches Up Advisen in Move to Accelerate Global Growth
Insurance technology company Zywave snatched up Advisen, a global insurance data provider, in a deal expected to fuel more rapid international growth. The acquisition includes WCL, a UK-based Advisen ...
The Latest Launches From The Hanover and AXA XL
The Hanover Insurance Group and Carpe Data are expanding a claims processing partnership. AXA XL's North America Construction arm formed a strategic partnership with Safe Drive Systems, a developer ...
III CEO Kevelighan: The Institutes Affilliation Brings Group Into 21st Century
Affiliating with The Institutes provides an opportunity for the industry's Insurance Information Institute (III) to become more of a 21st Century trade association, rather than one suited for the ...
AXA Fights Order to Pay Millions of Euros in Back Taxes: Report
AXA SA was ordered to pay tens of millions of euros in back taxes last year after French fiscal authorities deemed a Luxembourg-based structure was improperly used to avoid tax payments in France, ...