Underwriting
Hippo Completes Acquisition of Spinnaker Insurance
Hippo, an InsurTech and managing general agent focused on home insurance, has completed its acquisition of Spinnaker Insurance Company, with an expansion into additional states next on its plate. The ...
Tesla Factory Struck by ‘Serious’ Cyber Attack
Elon Musk said on Thursday that Tesla Inc's factory in Nevada was a target of a "serious" cybersecurity attack, confirming a media report that claimed an employee of the company helped the Federal ...
Insurance compliance work rarely operates at an entirely predictable pace. A carrier may be managing normal licensing and appointment activity...
China’s Ping An Insurance Reports Steady H1 2020 Results
Ping An Insurance Company of China announced its 2020 interim results for the six month period ended June 30, 2020. The integrated financial services company said it maintained steady business ...
Climate Change and More Making Hurricanes Increasingly Destructive
A destructive storm rising from warm waters. Again. America and the world are getting more frequent and bigger multibillion-dollar tropical catastrophes like Hurricane Laura, which menaced the U.S. ...
Hurricane Laura Causes Major Disruption of U.S. Energy Exports
Oil and gas exports from the United States have been severely disrupted by Hurricane Laura, with nearly a million barrels per day (bpd) of crude exports likely reduced this week by closures of U.S. ...
For Mid-Sized Businesses, Reducing Risk Through Crisis Management Remains Big Unmet Need
Nearly 60 percent of mid-sized businesses said crisis management remains a top unmet need in terms of reducing risk exposure. At the same time, a little over a third said they're concerned about ...
COVID-19 Left Reinsurers With ‘Anemic Earnings’ Picture Despite Investment Return Rebound
Even though investment returns rebounded from first-quarter levels during the second quarter of 2020, claims from COVID-19 created an "anemic earnings" picture for global reinsurers, Moody's Investor ...
Post-Brexit Discussions Pulled From Agenda for EU Envoys’ Meeting
A discussion about the negotiations over Britain and the European Union's post-Brexit relationship has been dropped from the agenda of a meeting of EU envoys next week because the talks have stalled, ...