Underwriting
The Latest Launches From Progressive, AXA XL and Starr Insurance Companies
Progressive Insurance is now offering its small business customers the option of an online marketplace for cyber coverage. AXA XL, meanwhile, added complimentary proactive cybersecurity services for ...
Chubb Predicts an Estimated $225M in Pretax Losses From California Wildfires
Chubb Ltd. said that the latest round of California wildfires caused an estimated $225 million in pre-tax losses that will ding its 2018 fourth-quarter results. Those losses hit $195 million after ...
When MGAs manage a high volume of insurance submissions, underwriting speed often depends on what happens before an underwriter ever...
Last-Ditch Effort Begins to Pass Self-Driving Car Bill
Key U.S. senators are making a last-ditch effort to win approval of a bill to speed the use of self-driving cars without human controls, but face an uphill battle on Capitol Hill. Staff for ...
Cannabis Industry Has ‘Really Strong Need’ for Specialty Insurance: Expert Perspective
There's "still a really strong need" for specialty insurance to cover cannabis businesses as well as medical professionals prescribing cannabis, according to an attorney who specializes in the ...
The Hartford Acquires Y-Risk, an MGA Focused on the Sharing Economy
The Hartford has acquired Y-Risk, a managing general underwriter focused on the sharing and on-demand economy, from Allstar Financial Group Inc. Neither side is disclosing financial terms. Y-Risk ...
#MeToo Era Leaves Male Execs Forming Controversial Strategies Covering Interactions With Women
No more dinners with female colleagues. Don't sit next to them on flights. Book hotel rooms on different floors. Avoid one-on-one meetings. In fact, as a wealth adviser put it, just hiring a woman ...
Allianz, Mitsui Sumitomo Reportedly Finalists in Bid for Malaysia Auto Insurer
Allianz Malaysia Bhd. and Mitsui Sumitomo Insurance Co. have been shortlisted to proceed to the next round of bidding for AmGeneral Insurance Bhd., in a deal that could value Malaysia's ...
Flood Insurance, Terrorism Cover, FIO Will Be on the 2019 P/C Congressional Agenda
Reform and long-term renewal of the National Flood Insurance Program will be high on the property/casualty insurance industry's agenda when the new Congress begins its work in January 2019. Congress ...