Underwriting
InsurTech Avinew Raises $5M; Helps Reward Use of Autonomous Driving Tech
InsurTech startup Avinew has raised $5 million in seed financing from American Family Insurance and others, with an eye on helping auto insurers reward drivers that use autonomous and semi-autonomous ...
UK Lawmakers Vote to Have May Demand EU Reopen Brexit Deal
British lawmakers on Tuesday instructed Prime Minister Theresa May to demand that Brussels replace the Irish border arrangement known as the "backstop," in a last-ditch attempt to renegotiate an exit ...
$27 Billion: Predicted Insurance Payout for Global Malware Attack
A co-ordinated global cyber attack, spread through malicious email, could cause economic damages anywhere between $85 billion and $193 billion, a hypothetical scenario developed as a stress test for ...
Technology, New Risks Will Keep D&O Pricing Pressure On: A.M. Best
Directors and officers liability insurance will confront continued pricing pressure for the foreseeable future, hammered by everything from intense competition to a number of new risks, A.M. Best is ...
Chubb Seals 15-Year Distribution Deal With Chile’s Largest Bank
Chubb Ltd. is boosting its presence and digital capabilities in Latin America by way of a 15-year distribution agreement with Banco de Chile, the largest bank based in Chile. "This partnership will ...
These Are the Ways the UK Parliament Brexit Votes Could Go
U.K. Prime Minister Theresa May faces a series of votes on Tuesday that could change the direction of Brexit. Two rival factions in Parliament are trying to take control. If one wins, Brexit will ...
The Word on Main Street: What Small Businesses Really Want From Insurers
Patricia Ross, Raphael Strumlauf and Kate DeNeveu each have at least one thing in common: They're generally happy with their business insurance. Each owns a business at the downtown pedestrian mall ...
Shared Electric Scooters Are Bringing a Surge of Litigation Possibilities
Over the past few years, cities across America have experienced sudden downpours of shared electric scooters, piling up almost overnight on curbs, sidewalks and front-yards from Atlanta to Los ...