Underwriting
Two Arch Capital Subsidiaries Finalize Post-Brexit Plans
Some subsidiaries of Arch Capital Group have finalized some changes to the European operations as part of the company's broader Brexit plans. Arch Insurance EU (formerly Arch Mortgage Insurance), won ...
Germany’s Merkel Dives Into Brexit Process to Help Shield EU From UK Turmoil
Angela Merkel will this week stage her most significant intervention in the Brexit process in more than two years, as the European Union moves to shield itself from the fallout of political chaos in ...
Crop Insurance Planting Deadlines Stressed by Massive U.S. Farmland Flooding: Reuters
At least 1 million acres (405,000 hectares) of U.S. farmland were flooded after the "bomb cyclone" storm left wide swaths of nine major grain producing states under water this month, satellite data ...
InsurTech Startup Sees Room for Chatbots for Workers Comp Claims
For years, automobile insurers have used automatic dialogue devices, called chatbots, to field calls from policyholders when they report claims. Last year, personal insurance startup Lemonade took ...
Family Sues Boeing in U.S. Over Ethiopian Airlines Crash
A lawsuit against Boeing Co was filed in U.S. federal court on Thursday in what appeared to be the first suit over a March 10 Ethiopian Airlines 737 MAX crash that killed 157 people. The lawsuit was ...
AIG Will Depart Individual Personal Lines Business in Canada
American International Group has decided to stop underwriting new policies in its individual personal insurance lines of business in Canada, namely auto and homeowners. "We continually review our ...
InsurTech Will Revolutionize Inland Marine by Cutting Costs for Customers, Carriers
InsurTech advances will soon drive down unacceptably high expense ratios in the inland marine sector, making it possible to insure even hard-to-place small or one-off inland marine risks at the best ...
Another, Last-Ditch Brexit Parliament Vote Is Coming
Theresa May is making a desperate push to get her Brexit deal approved in Parliament to avoid a huge delay to Britain's divorce from the EU, even though she's facing what seem to be impossible odds. ...