Underwriting
Lending Tree Forks Over $370M for QuoteWizard, an Online Insurance Comparison Marketplace
Online financial services marketplace LendingTree Inc. said it has agreed to acquire QuoteWizard.com, one of the largest online insurance comparison marketplaces. Since its founding in 2006, ...
Small Businesses ‘Frustrated’ With Commercial Insurance Purchase Process: Accenture
Small commercial insurers aren't giving their client base what they want – a simple and easy purchase experience. Whether online or through an agent, business owners are left confused, frustrated ...
Opinion: Tesla’s Settlement With SEC Boosts Investor Class Actions Against Company
Tesla and its CEO Elon Musk did not admit liability in this weekend's $20 million settlement with the U.S. Securities and Exchange Commission. But lawyers for shareholders suing Tesla in for ...
Alliant, Everest Re Launch Bid to Help Protect Hedge Funds From Cyber Attack
Hedge funds can spend years crafting a trading algorithm or a strategy to keep ahead of competitors. A Stone Point Capital-backed insurance broker is offering to help protect those trade secrets, and ...
Don’t Worry? EU, UK Regulators Will Cooperate to Aid Smooth Brexit
European Union regulators have recognized the need to cooperate with their UK counterparts to avoid disorderly markets if no agreement is reached on the terms of the UK's departure from the EU, ...
Q3 2018 Cat Losses Likely to Hit Above the Norm: Morgan Stanley
The 2018 third quarter was relatively benign compared to the record catastrophe losses incurred by carriers last year. But hurricanes, wildfires, typhoons and more could still leave industry losses ...
Growth vs. Accumulation Disaster: Cyber Reinsurers Mull Both Sides
Cyber insurance is a market with enormous growth potential – but one that also has the potential to become a costly, worldwide event in a matter of seconds. Unlike natural catastrophes, cyber isn't ...
Canada’s Intact Financial Wary of Insuring Recreational Cannabis Industry
Don't expect Intact Financial Corp., Canada's largest property and casualty insurer, to insure the recreational-cannabis industry anytime soon. "It's not seen as the pot of gold that we should chase ...