Underwriting
Insurance Startup Root Hires Ex-State Auto Exec Powell as Its CFO
Insurance startup Root is tapping a former State Auto executive Cindy Powell as its chief financial officer. Powell had been at State Auto Insurance Companies for 26 years, and served as its first ...
Avoiding Lawsuit, United Settles With Flier Dragged From Plane
United Airlines avoided a lawsuit by settling out of court with a passenger whose forcible removal from a plane was captured on video and circulated online by fellow travelers, sparking widespread ...
Senate Bill Would Extend Flood Insurance Program for a Decade, With Changes
U.S. Senators Bill Cassidy (R-La.) and Kristen Gillibrand (D-N.Y.) have released draft legislation to reauthorize the National Flood Insurance Program (NFIP) for 10 years. The NFIP is currently set ...
AXIS Reports 2017 Q1 Net Income Dented by Multiple Factors
AXIS Capital Holdings reported a drop in 2017 first quarter net income and a climb in its combined ratio, a trend reflecting both one-time costs plus more catastrophe and weather-related losses. The ...
JLT’s John Lloyd Says Brexit Will Diminish the London Market
A post-Brexit financial environment won't kill the London market, but it will become diminished after the dust settles, insurance industry veteran John Lloyd said during the recent RIMS 2017 meeting ...
The Latest Launches From XL Catlin and Willis Towers Watson
XL Catlin has developed a broad coverage plan designed to help address emerging risks and heightened security threats. Willis Towers Watson released an updated version of "Unify," its systems ...
InsurTech Hippo Debuts With Promise of Bound Homeowners Policy in 3 Minutes
An InsurTech company launched in California today with the promise of providing online homeowners insurance quotes in 60 seconds in what the Mountain View, Calif.-based company is calling "the most ...
Israeli Cybersecurity Company Sees Autos as Significant Growth Market
The Israeli cybersecurity company that pioneered corporate firewalls is making deeper inroads with the auto industry. Check Point Software Technologies Ltd., the world's second-biggest provider of ...