Underwriting
GEICO’s New Virtual Assistant, Plus the Latest Launches From Liberty Mutual and Kinsale
"Kate," a new virtual assistant, debuts for GEICO auto insurance customers. Liberty Mutual is expanding its telematics and other safe driver offerings. Kinsale has started offering new school board ...
Google Shows Off Improved Self-Driving System in Chrysler Vehicle
Google unveiled its latest self-driving system in a Chrysler Pacifica minivan during a Sunday preview ahead of the Detroit auto show, saying the technology is more reliable and affordable. The ...
PURE Rolls Out E&S Homeowners Policy for High-Net-Worth Families
The PURE Group of Insurance Companies is debuting an excess and surplus lines homeowners policy for high-net-worth families. PURE said the new cover, under the name PURE Program, will be targeted to ...
Arch Capital Acquisition Draws Downgrades From Moody’s and Fitch
Arch Capital Group's recently concluded $3.4 billion purchase of American International Group's mortgage guaranty unit spurred both cautious and negative reactions from Moody's Investors Service and ...
Jan. 1 Reinsurance Renewal Price Drops Moderate: Guy Carpenter
Once again, Jan. 1 reinsurance renewals are indicating pricing declines, but the trend has moderated somewhat. Property catastrophe pricing fell 3.7 percent at Jan. 1, according to the Guy Carpenter ...
Active Atlantic Hurricane Periods Don’t Necessarily Point to More U.S. Landfalls
Active Atlantic hurricane periods, like the one now, are not necessarily a harbinger of more rapidly intensifying hurricanes along the U.S. coast, according to new research performed at the ...
Watsa’s Fairfax Reportedly Wants Ontario Pension Fund to Back $4.9B Allied World Buy
Prem Watsa's Fairfax Financial Holdings Ltd. is in talks with the Ontario Municipal Employees Retirement System to see if the pension fund will help finance his $4.9 billion takeover of Allied World ...
A First for the Nation: New York’s Crime Insurance Reg Kicks in This July
New York State's Department of Financial Services (DFS) in December issued a new regulation that prohibits insurance companies from denying commercial crime insurance coverage to New York businesses ...