Underwriting
Suddenly Everybody Wants Pandemic Cover
In the midst of this pandemic, insurance buyers and their brokers are looking for COVID-19 pandemic coverage, which is like buying property insurance when your house is on fire, according to Tracey ...
The Latest Launches From BHSI and EIS Group/Wellfleet
Berkshire Hathaway Specialty Insurance has expanded a key offering in New Zealand. EIS Group and employee benefits company Wellfleet are teaming on the development of a next-generation insurance ...
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 ...
California Orders Carriers to Refund Premiums to Drivers, Businesses Slammed by COVID-19
California Insurance Commissioner Ricardo Lara on Monday ordered insurance companies to return insurance premiums to consumers and businesses and provide financial relief during the COVID-19 ...
GEICO, The Hartford, Farmers, Erie Insurance Among Additional Carriers Pursuing Customer Coronavirus Relief
A new round of insurers has implemented auto insurance rebates, premium reductions, donations and other measures to help customers impacted by the coronavirus pandemic. Their actions follow earlier, ...
Italy’s Generali Plans Staggered Dividend Payout Despite Regulator Resistence
Italy's biggest insurer Generali on Friday said it would pay its 2019 dividend in two tranches, confirming a total payout of 0.96 euros per share, citing its strong capital position. The announcement ...
Claims Professionals Adjust to a Landscape Changed by Coronavirus Pandemic
The coronavirus pandemic has not shut down the day-to-day business of adjusting claims, but the workload is lighter and claims managers are coping with evolving government regulations and guidelines. ...
Insurance Firms Begin Covering Charter Flights Carrying Gold
Insurance firms have started covering charter flights to carry gold, helping to ease logjams in the bullion supply chain that caused prices to diverge sharply in different markets, the London Bullion ...